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W&T Offshore (W&T Offshore) Intrinsic Value: Projected FCF : $6.32 (As of Apr. 28, 2024)


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What is W&T Offshore Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-28), W&T Offshore's Intrinsic Value: Projected FCF is $6.32. The stock price of W&T Offshore is $2.35. Therefore, W&T Offshore's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.

The historical rank and industry rank for W&T Offshore's Intrinsic Value: Projected FCF or its related term are showing as below:

WTI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 0.89   Max: 6.09
Current: 0.37

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of W&T Offshore was 6.09. The lowest was 0.37. And the median was 0.89.

WTI's Price-to-Projected-FCF is ranked better than
85.13% of 679 companies
in the Oil & Gas industry
Industry Median: 0.86 vs WTI: 0.37

W&T Offshore Intrinsic Value: Projected FCF Historical Data

The historical data trend for W&T Offshore's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

W&T Offshore Intrinsic Value: Projected FCF Chart

W&T Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.76 -2.01 0.53 6.24 6.32

W&T Offshore Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.24 6.66 6.04 6.05 6.32

Competitive Comparison of W&T Offshore's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, W&T Offshore's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


W&T Offshore's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, W&T Offshore's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where W&T Offshore's Price-to-Projected-FCF falls into.



W&T Offshore Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get W&T Offshore's Free Cash Flow(6 year avg) = $94.64.

W&T Offshore's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*94.63792+31.192*0.8)/146.579
=6.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


W&T Offshore  (NYSE:WTI) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

W&T Offshore's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.35/6.3170022493726
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


W&T Offshore Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of W&T Offshore's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


W&T Offshore (W&T Offshore) Business Description

Industry
Traded in Other Exchanges
Address
5718 Westheimer Road, Suite 700, Houston, TX, USA, 77057-5745
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of the company's revenue, with natural gas accounting for a much smaller portion.
Executives
Sameer Parasnis officer: EVP & Chief Financial Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Nancy T Chang director 101 WESTCOTT, SUITE 603, HOUSTON TX 77007
Jonathan Charles Curth officer: See Remarks 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Hartman Bart P. Iii officer: VP and CAO 5718 WESTHEIMER RD. SUITE 700, HOUSTON TX 77057
Conwill Daniel O. Iv director 400 POYDRAS STREET, SUITE 3100, NEW ORLEANS LA 70130
Shahid Ghauri officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Virginia Boulet director 909 POYDRAS ST SUITE 3600, NEW ORLEANS LA 70112
B Frank Stanley director NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Tracy W Krohn director, 10 percent owner, officer: Chairman & CEO EIGHT GREENWAY PLAZA, HOUSTON TX 77046
Stuart B Katz director 520 MADISON AVE., NEW YORK NY 10022
William J Williford officer: EVP and GM of Gulf of Mexico NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
David M Bump officer: See Remarks NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Sunghee Janet Yang officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Stephen L Schroeder officer: SVP & Chief Technical Officer C/O W&T OFFSHORE, INC., EIGHT GREENWAY PLAZA, SUITE 1330, HOUSTON TX 77046
John D Gibbons officer: SVP & Chief Financial Officer P.O. BOX 500, SAN ANTONIO TX 78292-0500