Company W&T Offshore, Inc.

Equities

WTI

US92922P1066

Oil & Gas Exploration and Production

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
2.35 USD +0.86% Intraday chart for W&T Offshore, Inc. -2.49% -27.91%

Business Summary

W&T Offshore, Inc. is an independent oil and natural gas producer. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. It has a working interest in over 53 offshore producing fields in federal and state waters (which include 44 fields in federal waters and nine in state waters). The Company has under lease approximately 597,100 gross acres (440,000 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 435,600 gross acres on the conventional shelf, approximately 153,500 gross acres in the deepwater and 8,000 gross acres in Alabama onshore. The Company's wholly owned subsidiaries consists of Aquasition Energy, LLC, Aquasition, LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, Green Hell, LLC, Seaquester, LLC, Seaquestration, LLC, and W & T Energy VI, LLC.

Number of employees: 395

Sales per Business

USD in Million2022Weight2023Weight Delta
Oil
71.6 %
524 56.9 % 381 71.6 % -27.25%
Natural Gas
20.7 %
324 35.2 % 110 20.7 % -65.98%
Natural Gas Liquids
6.1 %
57 6.2 % 32 6.1 % -43.04%
Other
1.6 %
16 1.7 % 9 1.6 % -45.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
921 100.0 % 533 100.0 % -42.17%

Managers

Managers TitleAgeSince
Chief Executive Officer 69 82-12-31
Director of Finance/CFO 49 23-07-02
Chief Tech/Sci/R&D Officer - 22-06-30
Chief Operating Officer - 06-05-31
Corporate Officer/Principal - 23-10-09
Human Resources Officer - 20-12-31
Corporate Officer/Principal - 19-12-31
General Counsel - -
General Counsel 41 22-06-13
Comptroller/Controller/Auditor 49 21-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 05-02-28
Director/Board Member 74 23-04-27
Chief Executive Officer 69 82-12-31
Director/Board Member 63 21-05-03
Director/Board Member 69 09-05-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 149,726,277 97,251,748 ( 64.95 %) 0 64.95 %

Shareholders

NameEquities%Valuation
48,263,327 32.86 % 128 M $
BlackRock Advisors LLC
5.361 %
7,872,760 5.361 % 21 M $
7,350,048 5.005 % 19 M $
Vanguard Fiduciary Trust Co.
4.173 %
6,128,403 4.173 % 16 M $
KGH Ltd.
3.138 %
4,609,013 3.138 % 12 M $
Huber Capital Management LLC
2.233 %
3,279,243 2.233 % 9 M $
Dimensional Fund Advisors LP
1.794 %
2,634,112 1.794 % 7 M $
HighTower Advisors LLC
1.542 %
2,264,603 1.542 % 6 M $
Columbia Management Investment Advisers LLC
1.446 %
2,124,053 1.446 % 6 M $
Geode Capital Management LLC
1.387 %
2,036,680 1.387 % 5 M $

Company contact information

W&T Offshore, Inc.

5718 Westheimer Road Suite 700

77057, Houston

+713 626 8525

http://www.wtoffshore.com
address W&T Offshore, Inc.(WTI)

Group companies

NameCategory and Sector
Aquasition LLC (Texas)
  1. Stock Market
  2. Equities
  3. WTI Stock
  4. Company W&T Offshore, Inc.