WTI - W&T OFFSHORE （）

HOUSTON, May 25, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will be participating at the following upcoming investor events:

W&T Offshore specializes in oil & gas production in the Gulf of Mexico, with production in the Gulf of Mexico Shelf and the Gulf of Mexico Deepwater. Find out why WTI stock is a Hold.

W&T Offshore, Inc. (NYSE:NYSE:WTI) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ETCompany ParticipantsAl Petrie - Investor Relations CoordinatorTracy Krohn - Chairman and…

HOUSTON (AP) — HOUSTON (AP) — W&T Offshore Inc. (WTI) on Tuesday reported first-quarter profit of $26 million. The Houston-based company said it had profit of 17 cents per share. Losses, adjusted for non-recurring gains, were 2 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. The independent oil and gas company posted revenue of $131.7 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $150.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTI at https://www.zacks.com/ap/WTI

W&T Offshore press release (WTI): Q1 Non-GAAP EPS of -$0.02.Revenue of $131.73M (-30.6% Y/Y).Shares -1.4% AH.Reported Adjusted EBITDA of $43.1 million for the first quarter…

https://www.investing.com/news/assorted/wt-offshore-appoints-nancy-chang-to-its-board-432SI-3068843

HOUSTON, May 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that Dr. Nancy Chang was appointed as a new independent director to the Company’s Board of Directors. Dr. Chang will serve as a member of the Audit Committee and the Nominating and Corporate Governance Committee and as the chair of the Environmental, Safety and Governance (“ESG”) Committee. She will stand for election at the Company’s upcoming annual meeting of shareholders.

HOUSTON, April 28, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its first quarter 2023 earnings release and conference call.

https://www.investing.com/news/pro/wt-offshore-inc-receives-investment-bank-analyst-rating-update-3066625

W&T Offshore has steady production but doesn''t offer a dividend or have a buyback in place. Click here to see why I''d consider the stock a ''Hold''.

W&T Offshore said its new notes give the company more liquidity to potentially fund higher return accretive capital projects and acquisitions in the near term.

Oil and gas production company W&T Offshore (WTI) closed a $275M private offering of 11.75% senior second lien notes due 2026.

HOUSTON, Jan. 30, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) today announced the closing of its previously announced offering of $275 million in aggregate principal amount of 11.75% Senior Second Lien Notes due 2026 (the “Notes”) at par in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).

W&T Offshore found using ticker (WTI) have now 2 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The range between the high target price and low target price is between 11.5 and 9 with the average target price sitting at 10.25. Now with the previous closing price of 6.5 this now indicates there is a potential upside of 57.7%. The day 50 moving average is 6.08 and the 200 moving average now moves to 6.04. The company has a market cap of $911m. Find out more information at: https://www.wtoffshore.com [stock_market_widget type="chart" template="basic" color="green" assets="WTI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,436m based on the market concensus. W&T Offshore, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater.

W&T Offshore, Inc. prudently seized upon the booming oil prices of 2022 to clean up their balance sheet. Click here for our analysis of WTI''s prospects.