In Wednesday’s Wall Street session, W & T Offshore Inc (NYSE:WTI) shares traded at $2.36, up 5.83% from the previous session.
WTI stock price is now 63.98% away from the 50-day moving average and 35.28% away from the 200-day moving average. The market capitalization of the company currently stands at $348.46M.
On October 20, 2021, Stifel Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $5.10 to quote $6.90, while ‘CapitalOne’ rates the stock as ‘Equal Weight’
A total of 34.01% of the company’s stock is owned by insiders.
During the past 12 months, W & T Offshore Inc has had a low of $1.09 and a high of $2.84. The fifty day moving average price for WTI is $1.4392 and a two-hundred day moving average price translates $1.7445 for the stock.
The latest earnings results from W & T Offshore Inc (NYSE: WTI) was released for 2025-03-31. The net profit margin was -20.66% and return on equity was -168.88% for WTI. The company reported revenue of $129.87 million for the quarter, compared to $140.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.76 percent. For the current quarter, analysts expect WTI to generate $124.75M in revenue.
