NYSE:WTI - W&T Offshore Stock Price, News & Analysis

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

W&T Offshore, Inc. (NYSE:WTI) released its earnings results on Wednesday, July, 31st. The oil and gas company reported $0.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.16. The oil and gas company earned $134.70 million during the quarter, compared to analysts' expectations of $126.50 million. W&T Offshore had a net margin of 31.72% and a negative return on equity of 31.98%. The business's revenue was down 10.0% on a year-over-year basis. During the same quarter last year, the business earned $0.29 EPS. View W&T Offshore's Earnings History.

W&T Offshore is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for W&T Offshore.

4 equities research analysts have issued twelve-month target prices for W&T Offshore's shares. Their forecasts range from $10.00 to $11.00. On average, they expect W&T Offshore's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 158.6% from the stock's current price. View Analyst Price Targets for W&T Offshore.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for W&T Offshore.

Press coverage about WTI stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. W&T Offshore earned a news impact score of 2.5 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for W&T Offshore.

W&T Offshore saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,948,000 shares, an increase of 6.9% from the June 30th total of 11,172,200 shares. Based on an average daily volume of 2,390,000 shares, the short-interest ratio is presently 5.0 days. Currently, 12.9% of the company's stock are short sold. View W&T Offshore's Current Options Chain.

Some companies that are related to W&T Offshore include Chesapeake Energy (CHK), Kosmos Energy (KOS), Vermilion Energy (VET), Tellurian (TELL), Matador Resources (MTDR), PDC Energy (PDCE), Crescent Point Energy (CPG), DELEK GRP LTD/ADR (DGRLY), ARC Resources (AETUF), Enerplus (ERF), CNX Resources (CNX), Jagged Peak Energy (JAG), Centennial Resource Development (CDEV), SM Energy (SM) and Talos Energy (TALO).

Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include Advanced Micro Devices (AMD), Chesapeake Energy (CHK), Callon Petroleum (CPE), Micron Technology (MU), Range Resources (RRC), Cleveland-Cliffs (CLF), Coeur Mining (CDE), Denbury Resources (DNR), General Electric (GE) and Celldex Therapeutics (CLDX).

W&T Offshore's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.92%), Renaissance Technologies LLC (5.63%), BlackRock Inc. (5.19%), JPMorgan Chase & Co. (3.79%), LSV Asset Management (3.12%) and Grantham Mayo Van Otterloo & Co. LLC (1.64%). Company insiders that own W&T Offshore stock include B Frank Stanley, David M Bump, John D Gibbons, Shahid Ghauri, Stephen L Schroeder, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Institutional Ownership Trends for W&T Offshore.

WTI stock was sold by a variety of institutional investors in the last quarter, including State Board of Administration of Florida Retirement System, Bank of Montreal Can, Invesco Ltd., Caisse DE Depot ET Placement DU Quebec, Columbia Pacific Advisors LLC, Jane Street Group LLC, KBC Group NV and Morgan Stanley. View Insider Buying and Selling for W&T Offshore.

WTI stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Royal Bank of Canada, JPMorgan Chase & Co., BlackRock Inc., D. E. Shaw & Co. Inc., Connor Clark & Lunn Investment Management Ltd., AQR Capital Management LLC and CoreCommodity Management LLC. 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 and Virginia Boulet. View Insider Buying and Selling for W&T Offshore.

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

One share of WTI stock can currently be purchased for approximately $4.06.

W&T Offshore has a market capitalization of $571.20 million and generates $580.71 million in revenue each year. The oil and gas company earns $248.83 million in net income (profit) each year or $1.01 on an earnings per share basis. W&T Offshore employs 282 workers across the globe.View Additional Information About W&T Offshore.

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

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]