W&T Offshore Inc (WTI) Files 10-K for the Fiscal Year Ended on December 31, 2017

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W&T Offshore Inc (WTI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. W&T Offshore Inc is engaged in the oil & gas sector. The company explores and develops oil & gas properties in Mexico. W&T Offshore Inc has a market cap of $527.860 million; its shares were traded at around $3.83 with a P/E ratio of 3.69 and P/S ratio of 1.09.


For the last quarter W&T Offshore Inc reported a revenue of $129.1 million, compared with the revenue of $115.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $487.1 million, an increase of 21.8% from last year. For the last five years W&T Offshore Inc had an average revenue decline of 16.4% a year.

The reported diluted earnings per share was 56 cents for the year, compared with the loss per share of $0.68 in the previous year. The W&T Offshore Inc enjoyed an operating margin of 22.57%, compared with the operating margin of -82.64% a year before. The 10-year historical median operating margin of W&T Offshore Inc is 10.73%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, W&T Offshore Inc has the cash and cash equivalents of $99.1 million, compared with $70.2 million in the previous year. The long term debt was $969.1 million, compared with $1 billion in the previous year. W&T Offshore Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $3.83, W&T Offshore Inc is traded at close to its historical median P/S valuation band of $3.99. The P/S ratio of the stock is 1.09, while the historical median P/S ratio is 1.16. The stock gained 37.28% during the past 12 months.

For the complete 20-year historical financial data of WTI, click here.

This article first appeared on GuruFocus.