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Sunday, April 2, 2023

Taking On Challenges And Growing? – W&T Offshore Inc. (WTI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for W&T Offshore Inc. (WTI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.74%, to $5.45. The W&T Offshore Inc. has recorded 129,379 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed W&T Offshore Announces Fourth Quarter and Full Year 2022 Results Including Year-End 2022 Proved Reserves; Provides Guidance for 2023.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. At the end of the last regular session, the stock closed at $5.41 and fluctuated between $5.89 as its day high and $5.41 as its day low. The current market capitalization of W&T Offshore Inc. is $728.84M. A total of 4.08 million shares were traded on the day, compared to an average of 2.81M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, WTI has seen 9 BUY and 9 SELL insider trades, representing the acquisition of 221,853 and the disposition of 68,648 shares. Over the last 12 months, there were 12 BUYs and 10 SELLs from insiders. Insiders purchased 264,279 shares during that period but sold 185,059.

In the most recent transaction, Ghauri Shahid sold 116,411 shares of WTI for 4.50 per share on Mar 21. After the transaction, the insider now owns 6,670 company shares.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. WTI’s most recent ex-dividend date was 11/14/2014 when it declared a $0.10 quarterly dividend that was paid in cash on 12/3/2014. Previously, the company paid the dividend on 9/12/2014 with an ex-dividend date of 8/20/2014. The WTI stock dividend was $0.10 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for WTI in the last 3 months, the mean price target is $10.20 with high estimates of $11.50 and low estimates of $8.90. In terms of 52-week highs and lows, WTI has a high of $9.16 and a low of $3.57.

As of this writing, WTI has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.06 per share and a lower estimate of $0.06. The company reported an EPS of $0.85 in the last quarter, which was 136.10% higher than expectations of $0.36.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 2 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WTI is Buy with a score of 5.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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