W&T Offshore

Founded in 1983, W&T is an independent oil and natural gas acquisition, exploitation and exploration company, with a focus primarily in the Gulf of Mexico. Our outstanding technical expertise combined with the high production rates associated with hydrocarbon deposits in the Gulf have historically provided us excellent opportunities to achieve a rapid payback on our invested capital. We own working interests in 54 fields in federal and state waters and have interests in leases covering approximately 850,000 gross acres.
Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1983
Size (employees)
302 (est)
W&T Offshore was founded in 1983 and is headquartered in Houston, US

W&T Offshore Office Locations

W&T Offshore has offices in Houston and New Orleans
Houston, US (HQ)
300 9 Greenway Plaza
New Orleans, US
1100 1100 Poydras St

W&T Offshore Data and Metrics

W&T Offshore Financial Metrics

W&T Offshore's revenue was reported to be $124.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

124.4 m

Net income (Q1, 2017)

24.3 m

EBIT (Q1, 2017)

28.2 m

Market capitalization (22-Sep-2017)

412.7 m

Cash (31-Mar-2017)

126.1 m
W&T Offshore's current market capitalization is $412.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

196.7 m104.1 m115.2 m

Revenue growth, %

(47%)11%

EBIT

(30.5 m)(60.8 m)21.3 m

EBIT margin, %

(16%)(58%)19%
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

263 m234.5 m127.9 m149.1 m126.2 m77.7 m99.7 m107.4 m124.4 m

Sales and marketing expense

61.8 m71.7 m53.3 m45.1 m45 m44.5 m36.6 m37.5 m40.2 m

General and administrative expense

19.7 m21 m20.8 m19.8 m16.5 m16.4 m16.2 m12.7 m13.3 m

Operating expense total

81.4 m92.7 m74.1 m64.9 m61.6 m60.9 m52.9 m50.2 m53.4 m
USDFY, 2013FY, 2014FY, 2016

Cash

15.8 m23.7 m70.2 m

Accounts Receivable

2 m53.2 m

Inventories

276.5 k4.4 m

Current Assets

173.6 m182.6 m191.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

23.8 m17.2 m8.4 m5.7 m7.5 m370.6 m171.8 m73.4 m126.1 m

Current Assets

183.6 m180.4 m105.8 m124.3 m123.7 m438.6 m250.7 m143 m217 m

Total Assets

2.5 b2.7 b2.3 b2.1 b1.6 b1.3 b998.4 m832.6 m854.5 m

Accounts Payable

140.5 m159.6 m128.3 m135.2 m107.5 m92 m92.9 m83.3 m81.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

51.3 m(33.4 m)(51.6 m)16.5 m

Accounts Payable

41.5 m(46.9 m)6.5 m

Cash From Operating Activities

561.4 m511.4 m132.6 m14.2 m

Cash From Investing Activities

(614.8 m)(630 m)86.1 m(82.4 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

9.8 m684 k(255.1 m)(260.4 m)(477.6 m)(190.5 m)(120.9 m)45.9 m24.3 m

Accounts Payable

140.5 m159.6 m128.3 m135.2 m107.5 m92 m92.9 m83.3 m81.4 m

Income Taxes Paid

120 k5.6 m11.9 m
USDY, 2017

Revenue/Employee

411.9 k

Financial Leverage

-1.4 x
Show all financial metrics

W&T Offshore Market Value History

Traffic Overview of W&T Offshore

W&T Offshore Company Life and Culture

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