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 twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTI shares.
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2 Wall Street analysts have issued twelve-month price targets for W&T Offshore's stock. Their WTI share price forecasts range from $8.40 to $8.40. On average, they expect the company's share price to reach $8.40 in the next year. This suggests a possible upside of 42.6% from the stock's current price.
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W&T Offshore's stock was trading at $3.23 on January 1st, 2022. Since then, WTI shares have increased by 82.4% and is now trading at $5.89.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
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W&T Offshore, Inc. (NYSE:WTI) released its quarterly earnings data on Monday, August, 8th. The oil and gas company reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.95. The oil and gas company had revenue of $273.80 million for the quarter, compared to the consensus estimate of $228.22 million. W&T Offshore had a negative trailing twelve-month return on equity of 102.77% and a net margin of 17.26%. The business's quarterly revenue was up 106.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.02 earnings per share.

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."

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.
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One share of WTI stock can currently be purchased for approximately $5.89.

W&T Offshore (NYSE:WTI) has a market capitalization of $843.15 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 $0.90 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.