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WTI News and Press, W&T Offshore Inc. From 10/26/22

Stock Information

Company Name: W&T Offshore Inc.
Stock Symbol: WTI
Market: NYSE
Website: wtoffshore.com

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WTI - W&T Offshore: A Coiled Spring Ready To Jump Higher

Summary W&T Offshore spent years battling difficult operating conditions and burdensome leverage but thankfully, 2022 finally marked a change. Due to the global energy shortage, oil and gas prices have surged higher and sent their cash flow performance to levels not seen in ma...

WTI - Rally Hat: Top 2 Growth Stocks

Summary September marked another month of losses and a third consecutive quarter of negative returns for both stocks and bonds. Factor in the Jobs Report and equity inflows remain subpar. Investing during bear markets can be difficult, especially as investors are fearful and seek ...

WTI - Hot Inflation Double Slaps The Market: Top 5 Stocks To Buy

Summary Core CPI increased another 0.4% in September, torturing the indexes and securing a big Fed hike in November. Could it be 1%? September’s red-hot inflation shock and recession fears will likely prompt investors to find stocks that can battle losses. Because fuel ...

WTI - Does Your Portfolio Need To Bounce Back?

"What's Working" is Dominated by Energy this Week, while "What's Not Working" is led by Crypto. We Profile a Stock from our "Bounce Back" List: Alteryx. Retail Earnings were "Better-Than-Feared." Brian Dress, CFA -- Director of Research, Investment Advisor As...

WTI - Oil rebounds with strong weekly gain as recession talk recedes

U.S. benchmark crude oil ( USO ) closed -2.4% on Friday but climbed 3.5% for the week to $92.09/bbl, as improved prospects for U.S. gasoline demand and gas-to-oil switching at European power stations raised optimism for crude after tumbling nearly 10% a week earlier . ...

WTI - Baron Global Advantage Fund Q2 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Shares of Baron Global Advantage Fund (the “Fund”) declined 32.3% (Institutional Shares) during the second ...

WTI - W&T Offshore: Record Free Cash Flow This Quarter

WTI Revenues increased significantly to $273.81 million in the second quarter from $132.83 million a year ago and up 69.8% sequentially. Production for the second quarter of 2022 was 42.4k Boep/d, which was above the midpoint of the guidance range provided for the quarter. I sugge...

WTI - W&T Offshore opens internal probe after whistleblower letter - Bloomberg

W&T Offshore ( NYSE: WTI ) has hired the Skadden law firm to conduct an internal investigation on management's close relationship with information technology vendor AAIT, after receiving a whistleblower letter on the matter, Bloomberg reported Wednesday. W&T's ( ...

WTI - W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q2 2022 Results - Earnings Call Transcript

W&T Offshore, Inc. (WTI) Q2 2022 Earnings Conference Call August 8, 2022 10:00 AM ET Company Participants Brent Collins - Director, IR Tracy Krohn - Chairman & CEO Janet Yang - EVP & CFO Conference Call Participants Michael Scialla - Stife...

WTI - W&T Offshore soars after easy Q2 beat, upward production guidance

W&T Offshore ( NYSE: WTI ) +17.8% in Monday's trading after crushing expectations for Q2 adjusted earnings , and revenues more than doubled Y/Y and surged 43% Q/Q to $273.8M, also beating Wall Street consensus. Q2 income swung to a profit of $123.4M, or $0.8...

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