W&T Offshore Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" W&T Offshore stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WTI, but not buy additional shares or sell existing shares.
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Wall Street analysts have given W&T Offshore a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but W&T Offshore wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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W&T Offshore saw a decline in short interest during the month of January. As of January 29th, there was short interest totaling 11,340,000 shares, a decline of 20.9% from the January 14th total of 14,340,000 shares. Based on an average trading volume of 4,620,000 shares, the short-interest ratio is presently 2.5 days. Approximately 12.3% of the shares of the stock are sold short.
View W&T Offshore's Short Interest.

W&T Offshore is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for W&T Offshore.

W&T Offshore will be holding an earnings conference call on Wednesday, March 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

W&T Offshore, Inc. (NYSE:WTI) issued its quarterly earnings results on Wednesday, November, 4th. The oil and gas company reported ($0.14) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.24) by $0.10. The oil and gas company earned $72.52 million during the quarter, compared to analyst estimates of $68.82 million. W&T Offshore had a negative trailing twelve-month return on equity of 21.21% and a net margin of 31.40%.
View W&T Offshore's earnings history.

W&T Offshore's stock was trading at $1.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WTI stock has increased by 113.6% and is now trading at $3.29.
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3 Wall Street analysts have issued 1-year price targets for W&T Offshore's stock. Their forecasts range from $2.00 to $3.80. On average, they expect W&T Offshore's stock price to reach $2.90 in the next twelve months. This suggests that the stock has a possible downside of 11.9%.
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15 employees have rated W&T Offshore CEO Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among W&T Offshore'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.

Some companies that are related to W&T Offshore include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cabot Oil & Gas (COG), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR) and SM Energy (SM).
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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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.82%), Dimensional Fund Advisors LP (1.94%), Wells Fargo & Company MN (0.98%), JPMorgan Chase & Co. (0.85%), Northern Trust Corp (0.72%) and Charles Schwab Investment Management Inc. (0.43%). Company insiders that own W&T Offshore stock include B Frank Stanley, David M Bump, Shahid Ghauri, Stuart B Katz, Tracy W Krohn, Virginia Boulet and William J Williford.
View institutional ownership trends for W&T Offshore.

WTI stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, GSA Capital Partners LLP, Northern Trust Corp, Credit Suisse AG, and Alliancebernstein L.P..
View insider buying and selling activity for W&T Offshore or view top insider-selling stocks.

WTI stock was purchased by a variety of institutional investors in the last quarter, including Staley Capital Advisers Inc., Nisa Investment Advisors LLC, Paloma Partners Management Co, Virtu Financial LLC, Jane Street Group LLC, Squarepoint Ops LLC, Junson Asset Management Hong Kong Ltd, and Barclays PLC. Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, Shahid Ghauri, Stuart B Katz, Tracy W Krohn, Virginia Boulet, and William J Williford.
View insider buying and selling activity for W&T Offshore or or view top insider-buying stocks.

Shares of WTI 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 $3.29.

W&T Offshore has a market capitalization of $466.45 million and generates $534.90 million in revenue each year. The oil and gas company earns $74.09 million in net income (profit) each year or $0.60 on an earnings per share basis.

W&T Offshore employs 291 workers across the globe.

The official website for W&T Offshore is www.wtoffshore.com.

W&T Offshore is headquartered at Nine Greenway Plaza Suite 300, Houston TX, 77046.

W&T Offshore's mailing address is Nine Greenway Plaza Suite 300, Houston TX, 77046. The oil and gas company can be reached via phone at 713-626-8525 or via email at [email protected]