W&T Offshore - WTI Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTI shares.
View WTI analyst ratings or view top-rated stocks.

2 brokers have issued 12-month target prices for W&T Offshore's stock. Their WTI share price forecasts range from $9.10 to $9.10. On average, they predict the company's share price to reach $9.10 in the next year. This suggests a possible upside of 40.2% from the stock's current price.
View analysts price targets for WTI or view top-rated stocks among Wall Street analysts.

W&T Offshore's stock was trading at $3.23 on January 1st, 2022. Since then, WTI stock has increased by 100.9% and is now trading at $6.49.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 14th 2023.
View our WTI earnings forecast.

W&T Offshore, Inc. (NYSE:WTI) announced its quarterly earnings data on Tuesday, August, 3rd. The oil and gas company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.09 by $0.07. The oil and gas company earned $132.83 million during the quarter, compared to analyst estimates of $122.04 million. W&T Offshore had a net margin of 26.38% and a negative trailing twelve-month return on equity of 168.03%.

15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among the company's employees. This puts Tracy W. Krohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at W&T Offshore to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Pure Storage (PSTG), Overstock.com (OSTK), Riot Blockchain (RIOT), Mastercard (MA), PayPal (PYPL), Enphase Energy (ENPH) and Livongo Health (LVGO).

W&T Offshore trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTI."

W&T Offshore's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (7.02%), Vanguard Group Inc. (6.12%), BlackRock Inc. (4.54%), LSV Asset Management (2.19%), Dimensional Fund Advisors LP (1.69%) and UBS Oconnor LLC (0.00%). Insiders that own company stock include B Frank Stanley, Shahid Ghauri, Tracy W Krohn and Virginia Boulet.
View institutional ownership trends.

Shares of WTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of WTI stock can currently be purchased for approximately $6.49.

W&T Offshore (NYSE:WTI) has a market capitalization of $929.11 million and generates $558.01 million in revenue each year. The oil and gas company earns $-41,480,000.00 in net income (profit) each year or $1.63 on an earnings per share basis.

The company employs 323 workers across the globe.

W&T Offshore's mailing address is Nine Greenway Plaza Suite 300, Houston TX, 77046. The official website for the company is www.wtoffshore.com. The oil and gas company can be reached via phone at (713) 626-8525, via email at investorrelations@wtoffshore.com, or via fax at 713-626-8527.