{"id":25473,"date":"2013-12-03T11:46:19","date_gmt":"2013-12-03T16:46:19","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=25473"},"modified":"2016-09-20T20:04:49","modified_gmt":"2016-09-21T00:04:49","slug":"turkey-stock-week-wt-offshore-wti","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2013\/12\/03\/turkey-stock-week-wt-offshore-wti\/","title":{"rendered":"Turkey Stock Week &#8211; W&#038;T Offshore (WTI)"},"content":{"rendered":"<p>Continuing on with the Turkey stocks for this week, today we are focusing on W&amp;T Offshore (WTI). The company recently had some bad news as the company announced it is facing regulatory hurdles imposed by the Environmental Protection Agency. The Houston-based miner <!--more-->announced last week that it had received suspension notices from government regulators concerning its oil and gas leases in the Gulf of Mexico. The notices pertain to a minor oil leak in 2009 which breached the Clean Water Act.<\/p>\n<p>That hit the stock hard.<\/p>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script type=\"mce-text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<p>From the fundamental perspective, the company has a significant amount of debt (200%) as compared to equity. The EPS growth rate has been negative and the outlook does not look impressive.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-25482 aligncenter\" alt=\"wtifund\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/12\/wtifund-1.jpg\" width=\"491\" height=\"142\" \/><\/p>\n<p>Looking out further, the expected revenue growth is in the single digits and that could be lowered due to the recent suspensions.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-25483 aligncenter\" alt=\"wtirev\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/12\/wtirev-1.jpg\" width=\"287\" height=\"251\" \/><\/p>\n<p>Technically the stock scores very low. The price is in a downtrend and recently cut below the key support level.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-25484 aligncenter\" alt=\"wtitechn\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/12\/wtitechn-1.jpg\" width=\"512\" height=\"151\" \/><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-25485 aligncenter\" alt=\"wtichart\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/12\/wtichart-1.jpg\" width=\"544\" height=\"285\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>Recent WTI News from Yahoo!<\/h2>\n<ul class=\"su-feed\"><li><a href=\"https:\/\/finance.yahoo.com\/sectors\/energy\/articles\/bp-eyes-growth-offshore-azerbaijan-165600756.html?.tsrc=rss\" target=\"_self\" title=\"BP gains operatorship of Azerbaijan&#039;s Babek gas field, which deepens its foothold in Azerbaijan&#039;s energy sector.\">BP Eyes Growth Offshore Azerbaijan With Babek Gas Field Project<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/sectors\/energy\/articles\/exxonmobil-seeks-guyana-epa-clearance-162600948.html?.tsrc=rss\" target=\"_self\" title=\"XOM seeks Guyana EPA approval for Haimara in Stabroek- its ninth development- after regulators require a full impact assessment.\">ExxonMobil Seeks Guyana EPA Clearance for Ninth Stabroek Development<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/w-t-offshore-wti-one-030350802.html?.tsrc=rss\" target=\"_self\" title=\"W&amp;T Offshore Inc. (NYSE:WTI) is one of the best performing NYSE stocks so far in 2026. On May 7, W&amp;T Offshore reported revenues of $150.0 million for Q1 2026, a 23% sequential increase driven by higher realized commodity pricing. The company narrowed its GAAP net loss to $22.5 million, or $0.15 per diluted share, compared [\u2026]\">Is W&amp;T Offshore (WTI) One of the Best Performing NYSE Stocks So Far in 2026?<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/dont-race-buy-w-t-123512236.html?.tsrc=rss\" target=\"_self\" title=\"W&amp;T Offshore, Inc. ( NYSE:WTI ) is about to trade ex-dividend in the next 3 days. The ex-dividend date occurs one day...\">Don&#039;t Race Out To Buy W&amp;T Offshore, Inc. (NYSE:WTI) Just Because It&#039;s Going Ex-Dividend<\/a><\/li><li><a href=\"https:\/\/www.marketbeat.com\/instant-alerts\/wt-offshore-q1-earnings-call-highlights-2026-05-15\/?utm_source=yahoofinance&#038;utm_medium=yahoofinance&#038;.tsrc=rss\" target=\"_self\" title=\"W&amp;T Offshore (NYSE:WTI) reported first-quarter 2026 results that management said met or exceeded guidance across several operational and financial measures, helped by steady production, higher realized pricing and lower operating costs. Chairman and CEO Tracy Krohn told investors the Gulf of Me\">W&amp;T Offshore Q1 Earnings Call Highlights<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/sectors\/energy\/articles\/california-resources-q1-earnings-beat-122400339.html?.tsrc=rss\" target=\"_self\" title=\"CRC beat Q1 adjusted EPS and revenues on strong oil pricing, even as a massive derivative mark-to-market loss pushed GAAP results into the red.\">California Resources Q1 Earnings Beat on Strong Oil Prices<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/sectors\/energy\/articles\/w-t-offshore-q1-earnings-150800449.html?.tsrc=rss\" target=\"_self\" title=\"WTI&#039;s Q1 EPS misses as commodity realizations slipped, but revenues climb 16% y\/y on higher volumes and lower lease operating expenses.\">W&amp;T Offshore Q1 Earnings Miss on Lower Commodity Price Realizations<\/a><\/li><li><a href=\"https:\/\/www.fool.com\/earnings\/call-transcripts\/2026\/05\/08\/wt-offshore-wti-q1-2026-earnings-transcript\/?.tsrc=rss\" target=\"_self\" title=\"With me today are William J. Williford, our Executive Vice President and Chief Operating Officer; Sameer Parasnis, our Executive Vice President and Chief Financial Officer; and Trey Hartman, our Vice President and Chief Accounting Officer.  The solid quarterly results start with our ability to maintain strong production, and we were aided by our realized prices of $45.08 per barrel oil equivalent, an increase of 26% from the fourth quarter.\">W&amp;T Offshore (WTI) Q1 2026 Earnings Transcript<\/a><\/li><li><a href=\"https:\/\/app.moby.co\/home\/research\/tools\/earningsCalendar\/earnings-wt-offshore-inc-q1-2026-earnings-call-summary?utm_source=yahoo_finance&#038;utm_medium=rss&#038;.tsrc=rss\" target=\"_self\" title=\"Moby summary of W&amp;T Offshore, Inc.&#039;s Q1 2026 earnings call\">W&amp;T Offshore, Inc. Q1 2026 Earnings Call Summary<\/a><\/li><li><a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/w-t-offshore-wti-reports-230522618.html?.tsrc=rss\" target=\"_self\" title=\"W&amp;T (WTI) delivered earnings and revenue surprises of -100.00% and +9.52%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?\">W&amp;T Offshore (WTI) Reports Break-Even Earnings for Q1<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Continuing on with the Turkey stocks for this week, today we are focusing on W&amp;T Offshore (WTI). The company recently had some bad news as the company announced it is facing regulatory hurdles imposed by the Environmental Protection Agency. The Houston-based miner<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,21,42],"tags":[486,490],"class_list":["post-25473","post","type-post","status-publish","format-standard","hentry","category-markets","category-short-ideas","category-stocks","tag-short-ideas","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/25473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=25473"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/25473\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=25473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=25473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=25473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}