2 models fit W&T Offshore Inc. Common Stock and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Bronze51
Valued as a cyclical company: EV/EBITDA comparison and Discounted cash flow.
ACCE opinionW&T Offshore Inc. Common Stock (WTI)
Fair value (2 models)
$4.60
ACCE price target
$3.33
Rating
Fairly valued
Horizon
12 months
Fair value published on 20 Oct 2026, 15:04 CEST; previously $4.68 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $4.19 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
9.0% below
+9.9% to fair value
ACCE score
61
out of 100
Analysts
100% buy
3 covering
1-year return
+87.1%
Dividend yield
1.03%
W&T Offshore Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
W&T Offshore is a Gulf of Mexico oil and gas producer that operates its own shallow-water and deepwater platforms and wells, selling crude and natural gas into the regional market. Its edge is the cost base of mature, already-built offshore infrastructure, which lets it run a 43.3% gross margin and a 13.9% operating margin despite a market cap of about $552M. Revenue grew 32.9%, and the forward P/E of 11.5 sits well below the trailing figure, which is distorted by losses and so should not be read at face value. The case rests on whether that top-line growth converts into sustained earnings: ROE of -168.9% shows the balance sheet and past write-downs still weigh heavily, so the question for the deeper look is how much of the 32.9% growth is durable production versus commodity-price lift.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
high
Earnings collapse despite revenue growth
Revenue grew 32.9% year over year, yet earnings fell 97.8% and net margin is -19.3%. Profitability is not keeping pace with the top line.
high
Negative equity and return on equity
Debt/Equity of -1.76 and ROE of -168.9% point to a stretched capital structure with negative book equity, leaving little cushion if commodity prices soften.
moderate
Elevated short interest
Short interest stands at 14.6% of float, which signals meaningful bearish positioning and can amplify volatility around earnings or price moves.
AI research notes
AI-assisted·How I use AIWritten Oct 20, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Revenue grew 32.9% over the past year, well above its 7.7% average annual pace over five years.
The company posted a positive earnings surprise of 166.7%, beating the expected loss with earnings per share of 0.02.
Why it could disappoint
Net margin is -19.3% and return on equity is -168.9%, so the business is losing money on its sales and equity.
Debt to equity of -1.76 reflects negative shareholder equity, leaving little financial cushion if business conditions worsen.
Free cash flow of $28M over the last twelve months gives a yield of just 4.8%, a thin return for a stock with this risk profile.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 29, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where WTI's valuation models land
Price
$4.19
Model fair value
$4.60
Model range
$2.00 to $7.21
Fair value $4.60
Price $4.19
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
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Quality
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