W&T Offshore Inc - Company Profile
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W&T Offshore Inc (W&T Offshore) is an independent oil and natural gas producer. The company carries out acquisition, exploration, and development of oil and natural gas assets both onshore and offshore in the Gulf of Mexico and Alabama State Waters. It acquires contracts to explore and develop new prospects and operate existing oil and natural gas properties in the deep water, conventional shelf and the deep shelf. The company also owns working interest in producing fields in federal and state waters and has interests in offshore leasehold acreage spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama. W&T Offshore is headquartered at Houston, Texas, the US.
Headquarters
United States of America
Address
5718 Westheimer Road, Suite 700, Houston, Texas, 77057
Website
www.wtoffshore.com
Telephone
1 713 6268525
No of Employees
370
Industry
Energy and Utilities
Ticker Symbol & Exchange
WTI (NYSE)
Revenue (2024)
$501.5M
-4.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-72.2%
(2024 vs 2023)
Market Cap*
$459.7M
Net Profit Margin (2024)
XYZ
-80.4%
(2024 vs 2023)
* As of and is in US$
W&T Offshore Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Product’s: |
| NGLs |
| Natural Gas |
| XYZ |
| XYZ |
| XYZ |
Competitor Comparison
| Key Parameters | W&T Offshore Inc | Vital Energy Inc. | Talos Energy Inc | Gulfport Energy Corp | Kosmos Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Tulsa | Houston | Oklahoma City | Dallas |
| State/Province | Texas | Oklahoma | Texas | Oklahoma | Texas |
| No. of Employees | 370 | 405 | 700 | 245 | 216 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tracy W. Krohn | Chairman; President; Chief Executive Officer | Executive Board | 2017 | 71 |
| Sameer Parasnis | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 51 |
| William J. Williford | Executive Vice President; Chief Operating Officer | Senior Management | 2022 | 53 |
| Bart P. Hartman, III | Vice President; Chief Accounting Officer | Senior Management | 2022 | - |
| Alvin T. Haynes | Vice President; Chief Information Security Officer; Chief Information Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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