Wt Offshore Stock Net Income

WTI Stock  USD 1.91  0.07  3.54%   
WT Offshore fundamentals help investors to digest information that contributes to WT Offshore's financial success or failures. It also enables traders to predict the movement of WTI Stock. The fundamental analysis module provides a way to measure WT Offshore's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WT Offshore stock.
Last ReportedProjected for Next Year
Net Income15.6 M16.4 M
Net Income Applicable To Common Shares208 M218.4 M
Net Income From Continuing Ops59.5 M62.5 M
Net Income Per Share 0.11  0.11 
Net Income Per E B T 0.46  0.48 
The WT Offshore's current Net Income is estimated to increase to about 16.4 M. The WT Offshore's current Net Income Applicable To Common Shares is estimated to increase to about 218.4 M.
  
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WT Offshore Company Net Income Analysis

WT Offshore's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current WT Offshore Net Income

    
  15.6 M  
Most of WT Offshore's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WT Offshore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

WTI Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for WT Offshore is extremely important. It helps to project a fair market value of WTI Stock properly, considering its historical fundamentals such as Net Income. Since WT Offshore's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WT Offshore's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WT Offshore's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

WTI Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

As of now, WT Offshore's Accumulated Other Comprehensive Income is increasing as compared to previous years.
Based on the recorded statements, WT Offshore reported net income of 15.6 M. This is 99.31% lower than that of the Oil, Gas & Consumable Fuels sector and 95.47% lower than that of the Energy industry. The net income for all United States stocks is 97.27% higher than that of the company.

WTI Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WT Offshore's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WT Offshore could also be used in its relative valuation, which is a method of valuing WT Offshore by comparing valuation metrics of similar companies.
WT Offshore is currently under evaluation in net income category among its peers.

WT Offshore Institutional Holders

Institutional Holdings refers to the ownership stake in WT Offshore that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WT Offshore's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WT Offshore's value.
Shares
First Trust Advisors L.p.2024-06-30
1.3 M
Acadian Asset Management Llc2024-06-30
1.1 M
Bank Of New York Mellon Corp2024-06-30
M
Northern Trust Corp2024-09-30
909 K
Dimensional Fund Advisors, Inc.2024-09-30
778.3 K
Amvescap Plc.2024-06-30
647.2 K
Renaissance Technologies Corp2024-09-30
621.4 K
Fisher Asset Management, Llc2024-09-30
566.9 K
Jane Street Group Llc2024-06-30
533.4 K
Blackrock Inc2024-06-30
8.2 M
Vanguard Group Inc2024-09-30
7.3 M

WTI Fundamentals

About WT Offshore Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WT Offshore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WT Offshore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WT Offshore based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
Check out WT Offshore Piotroski F Score and WT Offshore Altman Z Score analysis.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WT Offshore. If investors know WTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WT Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Dividend Share
0.04
Earnings Share
(0.43)
Revenue Per Share
3.657
Quarterly Revenue Growth
(0.15)
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.