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2023-10-19 05:38:58 ET Summary Despite some current headwinds, W&T Offshore is significantly discounted relative to its underlying asset value. Going into Q3 earnings, the conditions appear favorable for a beat that could provide some catalyst action. In the medium term, h...
2023-10-17 11:58:50 ET The supply of WTI Crude Oil ( CL1:COM ) and the trade of gold ( GLD ) as safe heaven continued to have a “remarkable” rally amid the Israel-Hamas war and Iran’s possible involvement. Gold ( GLD ) had one of its biggest one-day rall...
HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced the appointment of John Poole to the position of Vice President Health, Safety, Environmental and Regulatory (“HSE&R”). Mr. Pool...
2023-09-29 03:06:27 ET BOJ minutes show deviating views on future policy direction U.S., China start economic, financial working groups to improve communication Higher-For-Longer Risk Continues To Grip U.S. Treasury Market Morgan Stanley’s top picks for hi...
2023-09-21 07:04:07 ET W&T Offshore ( NYSE: WTI ) said Thursday it has acquired working interests in eight shallow water oil and gas producing assets in the Gulf of Mexico from an undisclosed private seller for $32M in cash. W&T ( WTI ) said the deal provides add...
HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in th...
2023-09-20 04:42:48 ET Summary This is a high-risk environment for stocks. That doesn't mean no upside, just that upside is weaker than downside potential. In particular, ARKK and its aggressive stock ilk may be showing the rest of the market the way down. Oil looks bullish, a...
HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced its participation in Pareto Securities’ 30 th Annual Energy Conference in Oslo, Norway on September 20-21, 2023. Tracy Krohn, W&T’s Chairman and Chief Executive Officer, is s...
2023-09-13 14:01:38 ET More on Energy Select Sector SPDR ETF Seeking Alpha’s Quant Rating on Energy Select Sector SPDR ETF Dividend scorecard for Energy Select Sector SPDR ETF Energy Sector: Monetary Easing Will Probably Follow Soon And Lift The Oil Prices ...
2023-09-12 12:01:42 ET Summary W&T Offshore reported a loss of $12.11 million in Q2 2023, compared to an income of $123.44 million in the previous year. Total revenues dropped 31% to $126.18 million in Q2 2023. I recommend buying WTI between $3.95 and $3.80 with possible l...
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HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2024 and declared second quarter 2024 dividend of $0.01 per share. This press relea...
HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the "Board") voted to expand the size of the Board to six members and appointed Mr. John D. Buchanan to fill the vac...