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W&T Offshore (W&T Offshore) Cyclically Adjusted FCF per Share : $-0.13 (As of Mar. 2024)


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What is W&T Offshore Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

W&T Offshore's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.517. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.13 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 79.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 57.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of W&T Offshore was 79.30% per year. The lowest was -19.10% per year. And the median was 7.15% per year.

As of today (2024-06-08), W&T Offshore's current stock price is $2.11. W&T Offshore's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.13. W&T Offshore's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of W&T Offshore was 171.33. The lowest was 1.34. And the median was 28.63.


W&T Offshore Cyclically Adjusted FCF per Share Historical Data

The historical data trend for W&T Offshore's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

W&T Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.10 -1.13 -0.80 -0.16 -0.01

W&T Offshore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.21 -0.14 -0.25 -0.01 -0.13

Competitive Comparison of W&T Offshore's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, W&T Offshore's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



W&T Offshore Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, W&T Offshore's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.517/131.7762*131.7762
=-0.517

Current CPI (Mar. 2024) = 131.7762.

W&T Offshore Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.450 100.560 -0.590
201409 -0.589 100.428 -0.773
201412 -1.550 99.070 -2.062
201503 -0.396 99.621 -0.524
201506 -0.536 100.684 -0.702
201509 0.153 100.392 0.201
201512 -0.513 99.792 -0.677
201603 0.220 100.470 0.289
201606 -0.600 101.688 -0.778
201609 -0.046 101.861 -0.060
201612 -0.265 101.863 -0.343
201703 0.414 102.862 0.530
201706 -0.262 103.349 -0.334
201709 0.214 104.136 0.271
201712 0.014 104.011 0.018
201803 0.264 105.290 0.330
201806 0.005 106.317 0.006
201809 1.160 106.507 1.435
201812 0.112 105.998 0.139
201903 0.379 107.251 0.466
201906 -0.143 108.070 -0.174
201909 -0.767 108.329 -0.933
201912 -0.124 108.420 -0.151
202003 0.514 108.902 0.622
202006 0.043 108.767 0.052
202009 0.158 109.815 0.190
202012 -0.093 109.897 -0.112
202103 0.305 111.754 0.360
202106 -0.021 114.631 -0.024
202109 0.386 115.734 0.440
202112 0.040 117.630 0.045
202203 -0.140 121.301 -0.152
202206 1.278 125.017 1.347
202209 0.554 125.227 0.583
202212 0.006 125.222 0.006
202303 0.068 127.348 0.070
202306 0.050 128.729 0.051
202309 -0.122 129.860 -0.124
202312 0.241 129.419 0.245
202403 -0.517 131.776 -0.517

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


W&T Offshore  (NYSE:WTI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of W&T Offshore was 171.33. The lowest was 1.34. And the median was 28.63.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


W&T Offshore Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of W&T Offshore's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » W&T Offshore Inc (NYSE:WTI) » Definitions » Cyclically Adjusted FCF per Share
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