W&T OFFSHORE INC (WTI)
US92922P1066 - Common Stock
We assign a fundamental rating of 2 out of 10 to WTI. WTI was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. WTI may be in some trouble as it scores bad on both profitability and health. WTI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year WTI has reported negative net income.
WTI had a positive operating cash flow in the past year.
Of the past 5 years WTI 4 years were profitable.
WTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WTI has a worse Return On Assets (-5.70%) than 85.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.7% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)4.69%
ROA(5y)5.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WTI's Profit Margin has declined in the last couple of years.
In the last couple of years the Operating Margin of WTI has declined.
The Gross Margin of WTI (47.53%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of WTI has declined.
WTI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 47.53% |
OM growth 3Y188.41%
OM growth 5Y-30.14%
PM growth 3Y-35.26%
PM growth 5Y-41.53%
GM growth 3Y-0.89%
GM growth 5Y-6.85%
2. Health
2.1 Basic Checks
WTI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WTI has been increased compared to 1 year ago.
WTI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WTI has an improved debt to assets ratio.
2.2 Solvency
WTI has an Altman-Z score of -0.22. This is a bad value and indicates that WTI is not financially healthy and even has some risk of bankruptcy.
WTI has a worse Altman-Z score (-0.22) than 74.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.22 |
ROIC/WACCN/A
WACC8.93%
2.3 Liquidity
WTI has a Current Ratio of 0.98. This is a bad value and indicates that WTI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of WTI (0.98) is worse than 63.24% of its industry peers.
A Quick Ratio of 0.98 indicates that WTI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.98, WTI is in line with its industry, outperforming 47.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
WTI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -290.48%.
Measured over the past years, WTI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -43.27% on average per year.
The Revenue has decreased by -8.94% in the past year.
The Revenue has been decreasing by -1.71% on average over the past years.
EPS 1Y (TTM)-290.48%
EPS 3Y-26.04%
EPS 5Y-43.27%
EPS Q2Q%-2600%
Revenue 1Y (TTM)-8.94%
Revenue growth 3Y15.4%
Revenue growth 5Y-1.71%
Sales Q2Q%-14.77%
3.2 Future
Based on estimates for the next years, WTI will show a very strong growth in Earnings Per Share. The EPS will grow by 23.59% on average per year.
The Revenue is expected to grow by 1.03% on average over the next years.
EPS Next Y-663.11%
EPS Next 2Y-122.21%
EPS Next 3Y23.59%
EPS Next 5YN/A
Revenue Next Year-1.63%
Revenue Next 2Y4.82%
Revenue Next 3Y1.03%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WTI. In the last year negative earnings were reported.
Also next year WTI is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WTI is valued a bit cheaper than the industry average as 79.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.35 |
4.3 Compensation for Growth
A more expensive valuation may be justified as WTI's earnings are expected to grow with 23.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-122.21%
EPS Next 3Y23.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.92%, WTI has a reasonable but not impressive dividend return.
The stock price of WTI dropped by -26.09% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 7.14, WTI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, WTI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
The dividend of WTI decreases each year by -60.99%.
WTI has been paying a dividend for at least 10 years, so it has a reliable track record.
WTI has decreased its dividend recently.
Dividend Growth(5Y)-60.99%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of WTI are negative and hence is the payout ratio. WTI will probably not be able to sustain this dividend level.
DP-9.18%
EPS Next 2Y-122.21%
EPS Next 3Y23.59%
W&T OFFSHORE INC
NYSE:WTI (12/26/2024, 2:21:06 PM)
1.53
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners37.5%
Inst Owner Change-3.73%
Ins Owners33.63%
Ins Owner Change3.7%
Market Cap225.46M
Analysts80
Price Target10.2 (566.67%)
Short Float %16.16%
Short Ratio8.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
Dividend Growth(5Y)-60.99%
DP-9.18%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-55.15%
Min EPS beat(2)-80.02%
Max EPS beat(2)-30.28%
EPS beat(4)1
Avg EPS beat(4)-50.08%
Min EPS beat(4)-100%
Max EPS beat(4)9.99%
EPS beat(8)2
Avg EPS beat(8)4.25%
EPS beat(12)6
Avg EPS beat(12)45.19%
EPS beat(16)9
Avg EPS beat(16)47.97%
Revenue beat(2)0
Avg Revenue beat(2)-3.17%
Min Revenue beat(2)-4.52%
Max Revenue beat(2)-1.83%
Revenue beat(4)0
Avg Revenue beat(4)-2.95%
Min Revenue beat(4)-5.34%
Max Revenue beat(4)-0.12%
Revenue beat(8)2
Avg Revenue beat(8)-3.49%
Revenue beat(12)6
Avg Revenue beat(12)3.63%
Revenue beat(16)10
Avg Revenue beat(16)5.56%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-733.33%
EPS NY rev (1m)-25.93%
EPS NY rev (3m)-74.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-24.04%
Revenue NY rev (1m)-1.7%
Revenue NY rev (3m)-9.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.42 | ||
| P/FCF | N/A | ||
| P/OCF | 2.27 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.35 |
EPS(TTM)-0.4
EYN/A
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)0.68
OCFY44.14%
SpS3.65
BVpS-0.21
TBVpS-0.21
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.7% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 47.53% | ||
| FCFM | N/A |
ROA(3y)4.69%
ROA(5y)5.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)32.04%
ROCE(5y)22.16%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y188.41%
OM growth 5Y-30.14%
PM growth 3Y-35.26%
PM growth 5Y-41.53%
GM growth 3Y-0.89%
GM growth 5Y-6.85%
F-Score2
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 66.57% | ||
| Cap/Sales | 21.07% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 67.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | -0.22 |
F-Score2
WACC8.93%
ROIC/WACCN/A
Cap/Depr(3y)51.67%
Cap/Depr(5y)76.77%
Cap/Sales(3y)10.4%
Cap/Sales(5y)19.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-290.48%
EPS 3Y-26.04%
EPS 5Y-43.27%
EPS Q2Q%-2600%
EPS Next Y-663.11%
EPS Next 2Y-122.21%
EPS Next 3Y23.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.94%
Revenue growth 3Y15.4%
Revenue growth 5Y-1.71%
Sales Q2Q%-14.77%
Revenue Next Year-1.63%
Revenue Next 2Y4.82%
Revenue Next 3Y1.03%
Revenue Next 5YN/A
EBIT growth 1Y-127.97%
EBIT growth 3Y232.82%
EBIT growth 5Y-31.33%
EBIT Next Year266.8%
EBIT Next 3Y75.83%
EBIT Next 5YN/A
FCF growth 1Y-105.46%
FCF growth 3Y-26.82%
FCF growth 5Y-29.65%
OCF growth 1Y-71.5%
OCF growth 3Y2.05%
OCF growth 5Y-18.55%