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WTI stock icon

W&T Offshore
WTI

$2.41
0.84%
 

About: 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 company's revenue, with natural gas accounting for a much smaller portion.

Employees: 395

0
Funds holding %
of 6,474 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 24

2% more funds holding

Funds holding: 144 [Q3] → 147 (+3) [Q4]

1.18% more ownership

Funds ownership: 41.76% [Q3] → 42.94% (+1.18%) [Q4]

7% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 44

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

24% less capital invested

Capital invested by funds: $269M [Q3] → $205M (-$63.4M) [Q4]

48% less call options, than puts

Call options by funds: $759K | Put options by funds: $1.46M

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$7.6
215%
upside
Avg. target
$7.75
222%
upside
High target
$7.9
228%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Derrick Whitfield
228%upside
$7.9
Buy
Maintained
23 Jan 2024
Stifel
Derrick Whitfield
215%upside
$7.6
Buy
Maintained
27 Nov 2023

Financial journalist opinion

Based on 3 articles about WTI published over the past 30 days