There’s No Need To Panic Or Freeze When It Comes To W & T Offshore Inc (NYSE: 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. The stock was recently discussed on Yahoo Finance as it revealed that W&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call as well as Posting of Interview with Chairman and CEO Tracy Krohn on Website.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. The current market capitalization of W & T Offshore Inc is $451.44M. A total of 3.47 million shares were traded on the day, compared to an average of 2.76M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, WTI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 3 SELLs from insiders. Insiders purchased 87,808 shares during that period but sold 32,966.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. W & T Offshore Inc pays an annual dividend of $0.01, resulting in a dividend yield of 0.32%, and it has a price to earnings (P/E) ratio of 7.36. WTI’s most recent ex-dividend date was 11/27/2023 when it declared a $0.01 quarterly dividend that was paid in cash on 12/22/2023. Previously, the company paid the dividend on 12/3/2014 with an ex-dividend date of 11/14/2014. 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 $8.95 with high estimates of $10.00 and low estimates of $7.90. In terms of 52-week highs and lows, WTI has a high of $6.32 and a low of $2.55.

As of this writing, WTI has an earnings estimate of $Vanguard Total Stock Market ETF per share for the current quarter. EPS was calculated based on a consensus of Micro WTI Crude Oil Futures,Apr estimates, with a high estimate of $W&T Offshore, Inc. per share and a lower estimate of $British American Tobacco Indus.

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. WTI’s latest balance sheet shows that the firm has $245.80M in Cash & Short Term Investments as of fiscal 2021. There were $743.24M in debt and $324.38M in liabilities at the time. Its Book Value Per Share was $0.20, while its Total Shareholder’s Equity was -$247.18M.

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, 0 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.

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