wti stock ticker — W&T Offshore, Inc.

wti stock ticker — W&T Offshore, Inc.

Short description: The wti stock ticker refers to the New York Stock Exchange symbol for W&T Offshore, Inc., an independent oil and natural gas exploration and production company focused on offshore assets in the Gulf of Mexico. This article focuses on the publicly traded company and its listing; for the petroleum benchmark West Texas Intermediate (also called WTI crude), see the Disambiguation section below.

Disambiguation

The acronym WTI can mean different things in energy and finance. In most commodity contexts, WTI refers to West Texas Intermediate crude oil, a widely used benchmark for U.S. light sweet crude. Separately, the wti stock ticker refers to the publicly listed company W&T Offshore, Inc. on the NYSE. This page is about the wti stock ticker (the company) and not the crude oil grade. Other non-financial or industry uses of "WTI" exist; readers seeking price quotes for the crude benchmark should consult commodity-market sources or dedicated crude price pages.

Company overview

W&T Offshore, Inc. (NYSE: WTI) is an independent oil and gas exploration and production (E&P) company headquartered in Houston, Texas. Founded in 1983, the company focuses on the acquisition, exploration, development and production of oil, natural gas liquids (NGLs), and natural gas from Gulf of Mexico offshore properties. W&T Offshore's asset base historically consists of shallow and deepwater platforms, producing wells, and undeveloped reserves in federal and state Gulf waters. The company markets crude oil, condensate, NGLs and natural gas to a combination of midstream and market purchasers.

This article uses the phrase "wti stock ticker" throughout to refer specifically to the company listing and related equity information.

History

A concise chronology helps place the wti stock ticker and W&T Offshore in context. Below are principal milestones from founding to recent corporate developments.

Founding and early years

W&T Offshore was founded in 1983 by Tracy W. Krohn. In the company's early years, management acquired producing properties and focused on building a portfolio of Gulf of Mexico assets. Through the 1980s and 1990s, the company grew by combining organic drilling activity with targeted acquisitions of legacy offshore leases and field interests. The founder-led structure guided a strategy of focused Gulf operations and technical, hands-on reservoir management.

Public listing and subsequent milestones

The company became publicly listed to access capital markets for acquisitions and development. The wti stock ticker first began trading on the New York Stock Exchange under the symbol WTI. Over time, W&T Offshore has completed capital markets transactions, asset sales and occasional portfolio reshufflings to optimize cash flow and balance sheet positioning. Spin-offs, equity offerings, or debt restructurings the company has pursued in different periods reflect the capital-intensive nature of offshore E&P.

Recent developments

As of June 30, 2024, according to W&T Offshore's periodic filings and press releases, the company continued to report operational updates from Gulf of Mexico producing fields and to disclose production volumes, capital expenditures, and liquidity metrics in quarterly reports (Source: W&T Offshore Form 10-Q and company press releases). Recent years saw the company managing commodity-price cyclicality, addressing surety and insurance matters typical for offshore operators, and reporting on board or executive-level changes when material. Public filings and investor presentations are the primary sources for the latest developments tied to the wti stock ticker.

Operations and assets

W&T Offshore's operations center on offshore production infrastructure in the Gulf of Mexico. The company typically holds interests in:

• Offshore platforms and floating production facilities.
• Subsea wells and wellbores operated by W&T or joint-venture partners.
• Developed producing fields and undeveloped reserves with exploratory upside.

Production mix: The company's production historically includes crude oil and condensate (the largest revenue driver), NGLs, and natural gas. Monthly and quarterly production volumes can vary by field performance, maintenance schedules, and commodity prices. As of the most recent quarterly filings (see SEC filings section), W&T reports production on a boe/d (barrels of oil equivalent per day) basis and discloses splits between oil and gas volumes.

Key Gulf fields and blocks: W&T's asset list typically spans a set of producing fields and blocks—both shallow-water and deepwater—where the company may operate or hold non-operating interests. Its exploration and development strategy often targets low- to moderate-cost infill drilling, well interventions, and facility optimization to improve recovery and cash flow from legacy fields.

Exploration & development strategy: The company emphasizes value-accretive appraisal and development of existing leases, selective exploration in prospects with favorable risk/reward, and opportunistic acquisitions of producing assets where technical knowledge can unlock reserves. Capital spending priorities are set to balance near-term cash generation and reserve life extension.

Business segments and strategy

W&T Offshore’s public disclosures describe its business primarily through operating activities rather than formal, widely separated segments. Typical internal groupings and strategic priorities include:

• Production operations: day-to-day management of producing fields and facilities, including operations, maintenance, and lifting arrangements.
• Exploration and appraisal: seismic interpretation, appraisal wells and prospect maturation to add contingent resources.
• Midstream/service contracts: arrangements for processing, transportation, and handling of produced hydrocarbons, including third-party service agreements and joint-venture terms.

Growth strategy and capital allocation: The company has historically prioritized investments that enhance free cash flow per barrel—such as low-cost well recompletions, tiebacks, and marginal-field development. Capital allocation decisions generally balance three objectives: fund near-term drilling or workovers, maintain sufficient liquidity and capital structure flexibility, and return capital to shareholders when cash flow supports distributions. When discussing where to trade or monitor the wti stock ticker, investors often use trading platforms such as Bitget for market access and research tools.

Partnerships and JVs: Offshore operations commonly involve partnerships with other E&P firms, service companies, and midstream providers. W&T’s capital and operational risk are often shared via joint-venture arrangements and farm-ins, which the company discloses in its periodic filings.

Financial information

This section provides a high-level view of W&T Offshore’s financial profile as reflected in public filings and market data. For the most current figures, consult the company's latest Form 10-Q, Form 10-K, earnings releases and investor presentations.

• Revenue and profitability: W&T’s revenues are primarily generated from oil and gas sales. Revenue trends typically track commodity price moves, production volumes, and realized differentials for Gulf of Mexico crude and gas. Profitability metrics (net income or loss) can be affected by impairment charges, exploration write-offs, or one-time items.
• Cash and debt positions: The company reports cash balances, restricted cash (if any), and total debt in its balance sheet disclosures. Liquidity management—covering revolving credit availability, scheduled debt maturities and covenant compliance—is a recurring disclosure topic for offshore E&P issuers.
• EBITDA and adjusted metrics: Management often provides adjusted EBITDA, adjusted net income, or cash flow from operations to highlight operating performance excluding non-cash or non-recurring items.

Historical financial performance

Over time, W&T Offshore’s revenue and profitability have reflected commodity cycles, production changes, and periodic non-operating gains or charges. Periods of lower oil prices often lead to depressed revenue and margin compression, while higher price environments support stronger cash flow. The company has historically disclosed reserve revisions, impairments, and asset sales in periods of strategic portfolio rebalancing.

Material one-off items can include asset impairments, litigation settlements, or large divestitures. Readers should review the Management’s Discussion and Analysis (MD&A) in the Form 10-K for year-over-year explanations.

SEC filings and investor resources

Primary investor resources for the wti stock ticker include:

• Annual reports on Form 10-K (detailed audited financials and risk factors).
• Quarterly reports on Form 10-Q (interim financials and operational updates).
• Current reports on Form 8-K for material events and press releases.
• Proxy statements and investor presentations for governance and strategy.

As of June 30, 2024, according to W&T Offshore’s publicly filed 10-Q and investor disclosures, key performance metrics and reserve estimates were reported in line with customary SEC requirements (Source: Company 10-Q filed with the SEC). Investors should consult the company’s investor relations materials for the most recent presentations and press materials.

Stock (Ticker: WTI) details

This section outlines the primary trading identifiers and stock facts for the wti stock ticker.

• Exchange: New York Stock Exchange (NYSE).
• Ticker symbol: WTI (the wti stock ticker).
• ISIN: The company’s ISIN is reported in official listings and SEC disclosure documents; consult the company or market-data provider for the exact ISIN code used for trading and settlement.
• Shares outstanding and float: The company's common shares outstanding and publicly traded float vary over time due to share repurchases, issuances, or other corporate actions. Refer to the latest 10-Q or investor-relations fact sheet for up-to-date share counts.
• Market capitalization: Market cap for the wti stock ticker fluctuates with the share price; market-data pages and exchange quotations provide real-time values. As of the most recent quarter-end filings, the company’s market-cap range placed it among the small- to mid-cap E&P companies focused on the Gulf of Mexico (Source: public market-data providers and company filings as of Q2 2024).
• Typical trading volume: Average daily trading volume for the wti stock ticker varies with investor interest, news flow and market conditions. Market-data platforms list 30- or 90-day average volume figures.
• Important listing dates: The wti stock ticker has traded historically on the NYSE since the company’s public listing; consult historical stock records or the company’s investor timeline for specific listing-date details.

Price performance and market data

Price performance for the wti stock ticker can show elevated volatility relative to broader indexes because of commodity-price sensitivity and company-specific operational developments. Key data points investors often monitor include:

• Recent and longer-term price trend (e.g., 1-month, 6-month, 1-year performance).
• 52-week high and low range.
• Volatility measures and beta versus market benchmarks.
• Dividend yield and payout history (if dividends are declared).

Live quotes, detailed charts and trading metrics for the wti stock ticker are available from market-data providers and brokerage platforms. For trading access and research tools, investors may consider Bitget, which lists U.S. equities and provides market data, charting and order execution services (availability depends on regional regulatory conditions and platform product scope).

Analyst coverage and consensus

Analyst coverage for smaller, Gulf-focused E&P companies like the wti stock ticker can be limited compared to large-cap integrated oil companies. Where coverage exists, sell-side or independent research reports may provide earnings estimates, production forecasts and price targets. Aggregated consensus estimates and analyst ratings are available from financial-data platforms and the company’s investor-relations disclosures when analysts cover the stock.

Dividends and shareholder returns

Dividend policy and capital returns for the wti stock ticker are determined by the board based on cash flow, liquidity and strategic priorities. Historically, smaller E&P companies may declare modest dividends when free cash flow supports distributions, but they often prioritize debt reduction and reinvestment during capital-constrained periods.

• Dividend declarations: Any dividend announcements appear in the company's press releases and periodic filings.
• Share repurchases: Buyback programs, if adopted, are disclosed in filings and reduce shares outstanding when repurchases occur.

Investors interested in yield or total shareholder-return characteristics of the wti stock ticker should consult the company's most recent financial reports and the investor-relations calendar for announcement dates.

Corporate governance and management

W&T Offshore’s governance structure is disclosed in proxy statements and investor materials. Key elements typically include:

• Executive leadership: The CEO and CFO are identified in filings; periodic press releases announce any executive transitions.
• Board composition: The board’s size, committee structure (audit, compensation, nominating/governance), and director independence are described in the proxy statement.
• Shareholder base: Institutional holders and insider ownership percentages are reported in public filings and proxy disclosures. Significant insider or founder shareholdings may influence governance and strategic decisions.

When reviewing governance, readers should examine the latest proxy statement (Form DEF 14A) for director biographies, compensation policies, and governance practices.

Legal, regulatory and operational risks

Offshore E&P companies are subject to a range of industry-specific risks and regulatory frameworks. Material risk categories affecting the wti stock ticker include:

• Environmental and safety regulation: Offshore operations are subject to federal and state environmental laws, permitting, and safety standards. Noncompliance can lead to fines, remediation costs, operational suspensions or reputational harm.
• Litigation and surety disputes: Offshore producers sometimes face litigation related to contractual disputes, property interests, or surety-provider actions for performance bonds. As of June 30, 2024, the company’s SEC filings included standard litigation disclosures describing routine matters; material disputes are reported in current filings (Source: company 10-Q/8-K disclosures).
• Commodity-price exposure: A key operational risk is the sensitivity of cash flow to prices for crude oil, condensate, NGLs and natural gas.
• Operational incidents: Blowouts, leaks, storms and facility damage can materially disrupt production and cause financial exposure.
• Regulatory changes: Modifications to offshore leasing, royalties, or environmental rules can affect economics and long-term planning.

Investors should read the company’s risk-factor section in the annual report for a full description of material risks related to the wti stock ticker.

Market context and relationships

The wti stock ticker is influenced by macro and industry-specific drivers including:

• Crude oil and natural gas prices: Movements in benchmark prices (including the WTI crude benchmark) directly affect revenue and cash flow for Gulf producers. Price differentials, transportation constraints and local market conditions also matter.
• Industry cycles: Exploration, drilling and development activity expand and contract with capital availability and prices.
• OPEC and global supply: OPEC actions and global production balances influence international prices and U.S. oil market dynamics.
• Macroeconomic factors: Global growth, interest rates and currency movements indirectly affect energy demand and financing conditions.

Because the wti stock ticker represents a company with a Gulf of Mexico focus, local factors—such as hurricane season impacts on platform operations—also play an important role.

Competitors and peers

Investors commonly compare the wti stock ticker with other small- to mid-cap E&P firms that emphasize Gulf of Mexico offshore production. Comparisons typically use metrics such as production (boe/d), proved reserves, enterprise value per boe, leverage ratios and free-cash-flow per boe. When performing peer analysis, investors should select companies with similar geographic focus and asset types to generate meaningful comparisons.

Investing considerations and risks

This section provides a neutral summary of considerations tied to the wti stock ticker. It is not investment advice.

• Commodity-price sensitivity: Revenue and cash flow are highly correlated to oil and gas price levels.
• Production variability: Offshore production can fluctuate due to maintenance, weather, or operational incidents.
• Reserve replacement: Sustaining production requires successful exploration, development or acquisitions to replace declines.
• Capital intensity: Offshore projects often require high upfront capital for drilling and facilities.
• Leverage and liquidity: Balance-sheet strength affects the company’s ability to withstand low-price periods.
• Regulatory and environmental exposure: Offshore operators face heightened environmental and safety requirements.
• Market liquidity and coverage: Stocks with smaller floats can have wider bid/ask spreads and less analyst coverage, which impacts price discovery.

Investors should reference company filings and trustworthy market-data providers before making decisions.

Notable news and controversies

This section summarizes material events and controversies that have affected the company or the wti stock ticker in recent years. Each item below is rooted in public disclosures or reputable reporting.

• Surety and contractual disputes: Offshore operators sometimes report disputes with surety providers or counterparties over performance bonds. When material, such matters are disclosed in periodic filings or current reports with dates and status updates (Source: company SEC filings and press releases).
• Operational incidents and weather impacts: The Gulf of Mexico exposure implies periodic production interruptions during major storms; the company reports such impacts in quarterly operational updates.
• Board or executive changes: Significant leadership transitions that affect strategy are announced in press releases and Form 8-K filings.

As of June 30, 2024, according to W&T Offshore’s SEC filings and investor communications, the company disclosed routine operational and financial developments; any material controversies are documented in the company's public filings and news releases (Source: company 10-Q and press releases dated in 2023–2024).

See also

• West Texas Intermediate (WTI crude) — the crude-oil benchmark (different from the wti stock ticker).
• Offshore oil & gas production and Gulf of Mexico activity.
• Oil & gas E&P financial metrics (boe, reserves, finding & development costs).

References

All factual statements in this article should be verified against primary sources: the company's SEC filings (Forms 10-K, 10-Q, 8-K), W&T Offshore press releases and investor presentations, and reputable financial-market data providers. Specific references include:

• W&T Offshore Form 10-K and Form 10-Q filings (annual and quarterly reports) filed with the SEC.
• Company press releases and investor presentations (company investor relations materials).
• Market-data providers for up-to-date market capitalization and trading-volume figures.

As of June 30, 2024, according to W&T Offshore’s filing history and investor materials, the disclosures cited above provide the latest audited and unaudited financial and operational metrics (Source: W&T Offshore SEC filings and press releases).

External links

Below are standard external resources investors commonly consult for the wti stock ticker. Note: specific URLs are not included here; use the resource names to search on your preferred platform.

• W&T Offshore investor relations and corporate website (company investor relations page).
• SEC EDGAR filings for W&T Offshore (searchable by company name or ticker).
• Market-data pages and real-time quotes for the wti stock ticker on major financial platforms and trading services. For trading access and consolidated market data, consider Bitget's equity trading and research offerings where available.

Notes for editors

• Update frequency: Stock-data fields (market cap, share count, price, volume, dividend yield) should be refreshed each trading day for price-sensitive figures and at least quarterly for operating and financial metrics following Form 10-Q/Form 10-K releases.
• Forward-looking statements: Maintain caution and attribute forward-looking language to company filings or management commentary. Avoid presenting projections as facts.
• Disambiguation: Preserve clear separation between the wti stock ticker (company) and the WTI crude benchmark. Use the Disambiguation section as the canonical redirect when appropriate.

Call to action: For real-time quotes, charts and trading access for the wti stock ticker, consider researching the listing on Bitget's trading platform and reviewing the company's latest SEC filings in parallel. Always consult the primary filings before making decisions.

Article prepared to describe the wti stock ticker and W&T Offshore, Inc. All information should be cross-checked against the company's SEC filings and investor disclosures for accuracy and timeliness.