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Multiple factors have added to the current bullish oil markets: 1) Demand resurgence 2) Inventory depletion 3) Energy crisis 4) Supply concerns 5) Falling spare capacity 6) Geopolitical tensions. However, following factors are being ignored: 1) Increased U.S. Shale production 2) Highe...
HOUSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has closed its previously announced acquisition of oil and gas producing properties in Federal shallow waters in the central region ...
It’s tough to argue with the potential that penny stocks offer if you know how to trade them. Popular opinion suggests that these are just “lottery tickets” to place bets on. The “crazy” part is that they don’t have to be, and if you understand the ...
W&T is a stalwart GoM focused oil and gas producer. Their shares are near a one-year low and present a good entry point for investors who have moderate degree of risk tolerance. We think that in the current oil price range, the shares are largely derisked and can be bought for...
The following slide deck was published by W&T Offshore, Inc. in conjunction with this event. For further details see: W&T Offshore (WTI) Presents At 16th Annual Energy Virtual Conference - Slideshow
The oil & gas industry has benefited significantly from skyrocketing crude oil and natural gas prices in recent months. And limited supply and increasing demand for energy with the reopening of the economy should keep driving the industry’s growth. As such, Wall Street analysts exp...
Oil prices edged lower last week on concerns about potentially weakening demand after Austria announced a nationwide lockdown to contain the spread of COVID-19. Therefore, we think it could be an opportune time for buying oil extraction stocks to cash in on the commodity’s rebound. We ...
HOUSTON, Nov. 19, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 257 held by the Bureau of Ocean Energy Manageme...
Revenues for 3Q21 were $133.9 million up slightly compared to $132.8 million in the second quarter of 2021 and increased by 85% compared to $72.5 million in 3Q20. Production for the third quarter of 2021 was reduced by approximately 5.5k Boep/d due to deferred production related to Hu...
W&T Offshore, Inc. (WTI) Q3 2021 Results Conference Call November 03, 2021 10:00 AM ET Company Participants Al Petrie - Investor Relations Coordinator Tracy Krohn - Chairman and Chief Executive Officer Janet Yang - Executive Vice President and Chief Financial Officer Conference Call Parti...
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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...