W&T Offshore (WTI)
Market Price (12/27/2025): $1.64 | Market Cap: $243.7 MilSector: Energy | Industry: Oil & Gas Exploration & Production
W&T Offshore (WTI)
Market Price (12/27/2025): $1.64Market Cap: $243.7 MilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldDividend Yield is 2.5% | Weak multi-year price returns2Y Excs Rtn is -95%, 3Y Excs Rtn is -151% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -51 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10% |
| Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oil & Gas Production, and Offshore Oil & Gas Production. | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 94% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -17% | ||
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.4% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -62% | ||
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.27 | ||
| Key risksWTI key risks include [1] its heavy operational concentration in the Gulf of Mexico, Show more. |
| Attractive yieldDividend Yield is 2.5% |
| Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oil & Gas Production, and Offshore Oil & Gas Production. |
| Weak multi-year price returns2Y Excs Rtn is -95%, 3Y Excs Rtn is -151% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -51 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 94% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -17% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -62% |
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.27 |
| Key risksWTI key risks include [1] its heavy operational concentration in the Gulf of Mexico, Show more. |
Why The Stock Moved
Qualitative Assessment
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The stock of W&T Offshore (WTI) experienced a decline during the approximate period from August 31, 2025, to December 27, 2025, influenced by several key factors:
1. <b>Lower Realized Commodity Prices:</b> W&T Offshore's revenues in both the second and third quarters of 2025 were negatively impacted by lower realized prices for oil, natural gas liquids, and natural gas, despite increases in production volumes. This was in line with broader market trends where WTI crude consolidated in a descending triangle pattern and Brent and WTI crude oil prices were forecasted to fall in October 2025 due to increased output.
2. <b>Q3 2025 Revenue Miss and Significant GAAP Net Loss:</b> On November 5, 2025, W&T Offshore reported a substantial GAAP net loss of $71.5 million, or $(0.48) per diluted share, for the third quarter of 2025. This loss was primarily attributed to a non-cash valuation allowance against the company's deferred tax assets. Additionally, the company's revenue of $127.5 million, while an increase from the previous quarter, missed analysts' consensus estimates for the quarter, which led to a 2.78% drop in shares after hours.
3. <b>Q2 2025 Revenue Decline from Lower Prices:</b> The company's second quarter 2025 earnings, announced on August 4, 2025, showed that revenues decreased by 6% to $122.4 million compared to the first quarter of 2025. This decline was primarily due to lower realized commodity prices, which offset the positive impact of increased production volumes during that period.
4. <b>Neutral to Negative Analyst Sentiment:</b> As of December 26, 2025, Wall Street analysts maintained a "Hold" consensus rating for W&T Offshore. This sentiment included one "Sell" rating among the two analysts covering the stock, suggesting a lack of strong positive outlook that could otherwise drive stock appreciation.
5. <b>Underlying Production Challenges and Reinvestment Rate Concerns:</b> While W&T Offshore's Reserve Life Index (RLI) significantly increased by 51% to 10.1 years as of December 24, 2025, this improvement was noted to be partly due to falling production from natural declines in its mature oil fields and ongoing third-party midstream infrastructure issues extending from 2024 into 2025, coupled with a low reinvestment rate. These underlying production challenges could raise investor concerns about the sustainability of future revenue streams.
Show moreStock Movement Drivers
Fundamental Drivers
The -20.5% change in WTI stock from 9/26/2025 to 12/26/2025 was primarily driven by a -21.0% change in the company's P/S Multiple.| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 2.05 | 1.63 | -20.46% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 493.95 | 500.09 | 1.24% |
| P/S Multiple | 0.61 | 0.48 | -21.04% |
| Shares Outstanding (Mil) | 147.85 | 148.59 | -0.50% |
| Cumulative Contribution | -20.46% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| WTI | -20.5% | |
| Market (SPY) | 4.3% | 24.0% |
| Sector (XLE) | -3.9% | 41.7% |
Fundamental Drivers
The -4.7% change in WTI stock from 6/27/2025 to 12/26/2025 was primarily driven by a -2.8% change in the company's Total Revenues ($ Mil).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.71 | 1.63 | -4.73% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 514.34 | 500.09 | -2.77% |
| P/S Multiple | 0.49 | 0.48 | -1.36% |
| Shares Outstanding (Mil) | 147.60 | 148.59 | -0.67% |
| Cumulative Contribution | -4.74% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| WTI | -4.7% | |
| Market (SPY) | 12.6% | 22.0% |
| Sector (XLE) | 4.5% | 53.1% |
Fundamental Drivers
The 6.4% change in WTI stock from 12/26/2024 to 12/26/2025 was primarily driven by a 15.4% change in the company's P/S Multiple.| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 1.53 | 1.63 | 6.38% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 537.26 | 500.09 | -6.92% |
| P/S Multiple | 0.42 | 0.48 | 15.36% |
| Shares Outstanding (Mil) | 147.21 | 148.59 | -0.94% |
| Cumulative Contribution | 6.37% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| WTI | 6.4% | |
| Market (SPY) | 15.8% | 31.5% |
| Sector (XLE) | 7.1% | 58.3% |
Fundamental Drivers
The -70.5% change in WTI stock from 12/27/2022 to 12/26/2025 was primarily driven by a -45.2% change in the company's P/S Multiple.| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 5.53 | 1.63 | -70.55% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 896.89 | 500.09 | -44.24% |
| P/S Multiple | 0.88 | 0.48 | -45.16% |
| Shares Outstanding (Mil) | 143.12 | 148.59 | -3.82% |
| Cumulative Contribution | -70.59% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| WTI | -49.8% | |
| Market (SPY) | 48.0% | 27.9% |
| Sector (XLE) | 9.7% | 59.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WTI Return | -61% | 49% | 73% | -41% | -48% | 2% | -69% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| WTI Win Rate | 25% | 58% | 58% | 25% | 8% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| WTI Max Drawdown | -80% | 0% | 0% | -47% | -57% | -33% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See WTI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | WTI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -67.3% | -25.4% |
| % Gain to Breakeven | 205.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -81.2% | -33.9% |
| % Gain to Breakeven | 433.0% | 51.3% |
| Time to Breakeven | 721 days | 148 days |
| 2018 Correction | ||
| % Loss | -62.4% | -19.8% |
| % Gain to Breakeven | 165.9% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -91.1% | -56.8% |
| % Gain to Breakeven | 1028.9% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
W&T Offshore's stock fell -67.3% during the 2022 Inflation Shock from a high on 11/7/2022. A -67.3% loss requires a 205.8% gain to breakeven.
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AI Analysis | Feedback
Here are 1-3 brief analogies for W&T Offshore:
- Like a pure-play offshore oil and gas producer, much like the Gulf of Mexico operations of an integrated major such as ExxonMobil.
- Think of it as an independent company that drills for and extracts oil and natural gas from the sea, similar to the upstream division of Chevron.
AI Analysis | Feedback
- Crude Oil: W&T Offshore explores for, develops, and produces crude oil from its properties, primarily in the Gulf of Mexico, for sale to third-party purchasers.
- Natural Gas: The company also explores for, develops, and produces natural gas from its fields, selling the extracted gas to various purchasers.
- Natural Gas Liquids (NGLs): As a byproduct of natural gas production, W&T Offshore extracts and sells natural gas liquids.
AI Analysis | Feedback
W&T Offshore (WTI) is an independent oil and natural gas producer focused on the Gulf of Mexico. As such, it sells crude oil, natural gas, and natural gas liquids, which are commodities. These commodities are sold primarily to other companies, such as refiners, pipeline operators, processors, and marketers, rather than directly to individual consumers.
Based on their latest financial filings (e.g., Form 10-K), W&T Offshore typically sells its production to a relatively small number of purchasers. While they may have various counterparties throughout the year, their filings often highlight the concentration of sales to a few major customers. Identifying a complete list of all purchasers can be dynamic, but major customers mentioned or implied by revenue concentration in recent filings often include large energy trading houses, pipeline companies, or refiners.
For example, in their Form 10-K for the fiscal year ended December 31, 2023, W&T Offshore stated:
- "Sales to two customers each accounted for 10% or more of total oil, natural gas and NGL sales for the year ended December 31, 2023. These two customers accounted for approximately 18% and 11%, respectively, of total oil, natural gas and NGL sales for the year ended December 31, 2023."
- "Sales to two customers each accounted for 10% or more of total oil, natural gas and NGL sales for the year ended December 31, 2022. These two customers accounted for approximately 12% and 11%, respectively, of total oil, natural gas and NGL sales for the year ended December 31, 2022."
While W&T Offshore discloses the percentage of revenue from major customers, they typically do not explicitly name these specific customers in their public filings due to commercial confidentiality. Common buyers in the Gulf of Mexico market, however, would include major energy companies and commodity traders that purchase crude oil and natural gas for refining, processing, or onward sale. These can include companies like:
- Major integrated oil companies (e.g., Chevron, ExxonMobil)
- Refiners (e.g., Valero Energy Corporation, Symbol: VLO; Marathon Petroleum Corporation, Symbol: MPC)
- Midstream and marketing companies (e.g., JX Nippon Oil & Energy Corporation which might operate in joint ventures or purchase directly, or other trading arms of large energy entities).
Without explicit disclosure from W&T Offshore, naming specific major customers with their symbols is not possible. However, their major customers are large, typically public, companies engaged in the midstream and downstream sectors of the oil and gas industry.
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Tracy W. Krohn, Founder, Chairman, Chief Executive Officer and President
Tracy W. Krohn founded W&T Offshore in 1983 and has served as Chief Executive Officer since its inception and as Chairman of the Board since 2004. He previously held the title of President from the company's founding until September 2008 and again from March 2017 to the present. Prior to founding W&T Offshore, Mr. Krohn was a petroleum engineer and offshore drilling supervisor with Mobil Oil Corporation, and later a Senior Engineer with Taylor Energy Company from 1981 to 1983. From 1996 to 1997, Mr. Krohn also served as Chairman and Chief Executive Officer of Aviara Energy Corporation.
Sameer Parasnis, Executive Vice President and Chief Financial Officer
Sameer Parasnis serves as the Executive Vice President and Chief Financial Officer of W&T Offshore. He is a graduate of the Institute of Chemical Technology in Mumbai, India, and holds a Master of Business Administration from Southern Methodist University and a Master of Finance from the London Business School.
William J. Williford, Executive Vice President and Chief Operating Officer
William J. Williford joined W&T Offshore in 2006 and was appointed Executive Vice President and Chief Operating Officer in March 2022. He has over 25 years of oil and gas technical experience. Before his tenure at W&T, Mr. Williford held various positions in reservoir, production, and operations at Kerr-McGee and Oryx Energy. He earned a Bachelor of Science degree in Petroleum Engineering from Mississippi State University.
Huan Gamblin, Executive Vice President and Chief Technical Officer
Huan Gamblin was promoted to Executive Vice President and Chief Technical Officer in March 2025, having joined W&T Offshore in 2020. He brings over 20 years of experience in the energy industry. Prior to this role, Mr. Gamblin served as Manager of Acquisition and Divestiture and then as Vice President of Business Development at W&T. His previous experience includes serving as Algeria Reservoir Engineering Manager at Occidental Petroleum and holding various engineering positions at Anadarko Petroleum across its U.S. Onshore, Gulf of Mexico, and International assets. Mr. Gamblin holds a bachelor's degree in Petroleum Engineering from The University of Texas.
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The key risks to W&T Offshore's business include:
- Commodity Price Volatility: W&T Offshore's financial performance is highly dependent on the volatile prices of oil, natural gas, and natural gas liquids (NGLs). Fluctuations in global supply and demand, geopolitical events, and other factors can cause significant price swings, directly impacting the company's revenues, profitability, and the estimated value of its proved reserves.
- Concentration in the Gulf of Mexico and Operational Hazards: The company's operations are predominantly located in the Gulf of Mexico. This geographic concentration exposes W&T Offshore to increased risks from factors specific to the region, such as hurricanes and other severe weather events, which can lead to loss of revenues or curtailment of production. Additionally, the inherent nature of oil and natural gas exploration and production subjects the company to drilling and other operational hazards.
- Financial Health and Liquidity: W&T Offshore has faced challenges with negative profitability and elevated debt levels. The company's operating margins have at times been in the red, and it has reported net losses. While some disputes regarding surety bonds that posed a solvency risk appear to be resolved, ongoing efforts to manage debt, improve profitability, and maintain adequate liquidity remain significant financial risks.
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The accelerated global energy transition away from fossil fuels, driven by rapid advancements in renewable energy technologies, increasingly stringent climate policies, and a significant shift in investment capital towards decarbonization, presents a clear emerging threat to W&T Offshore.
AI Analysis | Feedback
W&T Offshore (symbol: WTI) is an independent oil and natural gas producer primarily engaged in the acquisition, exploitation, development, and exploration of oil and natural gas assets. Their main products are crude oil, natural gas, and natural gas liquids (NGLs). The company's operations are concentrated offshore in the U.S. Gulf of Mexico and Alabama State Waters, encompassing deepwater, conventional shelf, and deep shelf drilling.
The addressable market for W&T Offshore's main products and services is the oil and gas market within its operating regions, primarily the U.S. Gulf of Mexico.
Market Size for U.S. Gulf of Mexico Oil and Gas (Upstream)
The Gulf of Mexico Oil and Gas Market was valued at USD 52.20 billion in 2024. This market is projected to reach USD 73.67 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.4% from 2026 to 2032. This market size specifically covers the oil and gas industry in the Gulf of Mexico, which aligns with W&T Offshore's primary operational focus on exploration and production.
Broader U.S. Oil and Gas Market (Upstream)
For the broader U.S. oil and gas market, W&T Offshore operates within the upstream sector (exploration and production). Estimates for the overall U.S. oil and gas market size vary across different reports. For instance, the U.S. oil and gas market size was estimated at USD 453.2 billion in 2024, projected to reach USD 665.5 billion by 2033, with the upstream sector occupying 58.5% of the share in 2024. Another estimate valued the U.S. oil and gas market at USD 1.55 trillion in 2024, expecting it to grow to USD 2.24 trillion by 2034, with the upstream segment holding a 50% share in 2024. A different report valued the market at USD 252.6 billion in 2024, with a projection to reach USD 339.5 billion by 2033.
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W&T Offshore (WTI) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic initiatives and market dynamics:
-
Strategic Acquisitions and Asset Integration: W&T Offshore has historically expanded through the acquisition of producing properties and continues to view this as a core growth strategy. The successful integration of recent acquisitions, such as the former Cox Operating assets, has been instrumental in sustaining and increasing production. The company is strategically positioned to pursue further accretive acquisitions, which directly contribute to revenue by expanding its asset base and production volumes.
-
Optimizing Production from Existing Fields: The company anticipates enhancing production from its current portfolio through a focused program of strategic workovers, recompletions, and facility upgrades. These efforts, particularly in the Gulf of Mexico, are designed to boost output from existing wells without the immediate need for new drilling, thereby increasing hydrocarbon sales and revenue.
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Investments in Midstream Infrastructure: W&T Offshore plans to make strategic investments in midstream infrastructure. While primarily aimed at lowering transportation costs, these improvements effectively increase the netback price received for its oil and natural gas production, thereby enhancing per-unit revenue.
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Leveraging Natural Gas Market Demand: Despite fluctuations in oil prices, the natural gas market presents a potential avenue for revenue growth. W&T Offshore may benefit from increased natural gas demand, which appears more responsive to price changes, especially during periods of higher consumption like winter, leading to greater sales volumes and potentially higher prices.
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Outbound Investments
- In 2024, W&T Offshore's acquisitions totaled $80.6 million, including $77.3 million for the Cox acquisition and $3.3 million in final purchase price adjustments for a September 2023 acquisition, adding 21.7 million barrels of oil equivalent to 2024 crude reserves.
- The company completed two producing property acquisitions in early 2022 for approximately $34 million in cash, which added 6.0 MMBoe in reserves.
- In 2020, acquisitions, primarily additional interests in the Mobile Bay area and Magnolia field, contributed 3.9 MMBoe in reserve additions.
Capital Expenditures
- For the nine months ended September 30, 2025, capital expenditures on an accrual basis totaled $41.5 million, with a revised full-year 2025 guidance between $57 million and $63 million. These expenditures are focused on recompletion and facility capital work related to the 2024 Cox acquisition and new pipeline infrastructure to lower transportation costs.
- Capital expenditures were $41.70 million in 2024, $118.18 million in 2023, $81.07 million in 2022, and $93.19 million in 2021.
- In 2020, capital expenditures were $17.6 million, following the suspension of all drilling activities and a significant reduction in the year's estimated capital expenditures.
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Trade Ideas
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|---|---|---|---|---|---|---|---|
| 11212025 | WHD | Cactus | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 12.1% | 12.1% | 0.0% |
| 10172025 | OVV | Ovintiv | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.4% | 6.4% | 0.0% |
| 10102025 | COP | ConocoPhillips | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.4% | 5.4% | -2.3% |
| 10102025 | HAL | Halliburton | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 28.1% | 28.1% | -0.7% |
| 10102025 | OXY | Occidental Petroleum | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.9% | -4.9% | -7.1% |
Research & Analysis
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Wealth Management
Peer Comparisons for W&T Offshore
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 15.0% |
| CFO/Rev 3Y Avg | 18.0% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 158.8 |
| P/S | 2.7 |
| P/EBIT | 21.2 |
| P/E | 33.0 |
| P/CFO | 16.2 |
| Total Yield | 3.9% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.4% |
| 3M Rtn | 4.9% |
| 6M Rtn | 10.9% |
| 12M Rtn | 10.3% |
| 3Y Rtn | 73.6% |
| 1M Excs Rtn | -3.0% |
| 3M Excs Rtn | 0.6% |
| 6M Excs Rtn | -1.3% |
| 12M Excs Rtn | -3.1% |
| 3Y Excs Rtn | -6.2% |
Comparison Analyses
Price Behavior
| Market Price | $1.63 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 01/28/2005 | |
| Distance from 52W High | -35.0% | |
| 50 Days | 200 Days | |
| DMA Price | $1.88 | $1.70 |
| DMA Trend | up | down |
| Distance from DMA | -13.5% | -4.3% |
| 3M | 1YR | |
| Volatility | 77.5% | 65.3% |
| Downside Capture | 240.05 | 89.31 |
| Upside Capture | 82.21 | 82.39 |
| Correlation (SPY) | 24.5% | 31.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.76 | 1.78 | 1.39 | 0.84 | 1.10 | 1.10 |
| Up Beta | -4.04 | 0.99 | 1.93 | 1.25 | 0.97 | 0.91 |
| Down Beta | 0.10 | 1.30 | 1.86 | 1.45 | 1.56 | 1.51 |
| Up Capture | -120% | 195% | 73% | 56% | 70% | 32% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 7 | 17 | 28 | 58 | 114 | 335 |
| Down Capture | 61% | 216% | 116% | 26% | 99% | 107% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 12 | 23 | 32 | 56 | 116 | 374 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of WTI With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| WTI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 16.0% | 8.6% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 65.2% | 24.4% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.48 | 0.29 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 58.3% | 31.7% | 2.0% | 55.6% | 23.6% | 20.8% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of WTI With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| WTI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -7.4% | 21.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 65.6% | 26.7% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.16 | 0.75 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 71.7% | 27.4% | 13.8% | 60.0% | 21.5% | 13.9% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of WTI With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| WTI | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -3.7% | 8.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 73.6% | 29.8% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.27 | 0.33 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 67.5% | 36.5% | 4.5% | 55.8% | 28.1% | 8.8% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | -1.5% | -2.1% | -6.7% |
| 8/4/2025 | 0.0% | -0.6% | 2.9% |
| 3/3/2025 | -1.3% | -5.2% | -4.0% |
| 11/7/2024 | -12.6% | -17.1% | -26.9% |
| 8/7/2024 | 1.8% | 0.9% | -7.8% |
| 3/5/2024 | -8.1% | -12.3% | -3.5% |
| 11/7/2023 | -1.6% | 1.1% | -16.6% |
| 8/1/2023 | -8.6% | -4.4% | -4.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 8 | 4 |
| # Negative | 10 | 10 | 14 |
| Median Positive | 3.0% | 8.2% | 20.8% |
| Median Negative | -7.1% | -10.7% | -6.9% |
| Max Positive | 20.8% | 33.9% | 46.0% |
| Max Negative | -12.6% | -36.8% | -26.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8052025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 3042025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5102024 | 10-Q 3/31/2024 |
| 12312023 | 3062024 | 10-K 12/31/2023 |
| 9302023 | 11082023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 3082023 | 10-K 12/31/2022 |
| 9302022 | 11092022 | 10-Q 9/30/2022 |
| 6302022 | 8082022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 3092022 | 10-K 12/31/2021 |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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