W&T Offshore (WTI)

• Market cap: $170M
• 1 day: -3.36%
• 5 days: 0.88%
• 1 month: -25.81%
• 3 months: -28.57%
• 6 months: -46.76%
• Year to date: -35.39%
• 1 year: -48.89%
• 5 years: -58.48%
• 10 years: -82.12%
• Sector: Energy
• Industry: Oil & Gas Exploration & Production

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: 400

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1.24% more ownership

Funds ownership: 34.91% [Q3] → 36.14% (+1.24%) [Q4]

8% less funds holding

Funds holding: 138 [Q3] → 127 (-11) [Q4]

20% less capital invested

Capital invested by funds: $110M [Q3] → $88.4M (-$22M) [Q4]

22% less call options, than puts

Call options by funds: $531K | Put options by funds: $682K

30% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 33

35% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 52