W&T Offshore (WTI) Receiving Favorable Press Coverage, Study Finds

Xavier Trudeau
Juillet 2, 2017

W&T Offshore earned a daily sentiment score of 0.30 on Accern's scale. It is down 11.39% since June 30, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. About 234 shares traded. The company has market cap of $533.63 million. The stock declined 0.25% or $0.17 reaching $67.1 per share.

About 162,105 shares traded. National Research Corp (NASDAQ:NRCIA) has 0.00% since June 30, 2016 and is. It has outperformed by 30.57% the S&P500. Therefore 54% are positive. The rating was downgraded by FBR Capital on Wednesday, November 9 to "Mkt Perform". They now have a Dollars 14.7 price target on the stock.

01/27/2015 - W&T Offshore, Inc. had its " rating reiterated by analysts at BMO Capital Markets.

For a total return analysis, there is the -45.10% return on equity and the 4.90% return on assets to consider. The stock has "Buy" rating by Nomura on Thursday, March 17. The firm has "Hold" rating given on Friday, May 5 by Wells Fargo. However the company reported $-0.47 earnings per share for the same quarter during previous year. On average, equities research analysts predict that W&T Offshore will post $0.50 EPS for the current year. LNC's profit will be $389.37 million for 9.75 P/E if the $1.72 EPS becomes a reality. 97 funds opened positions while 149 raised stakes. Franklin Resources stated it has 41.12M shares or 0.06% of all its holdings. Regent Invest reported 10,500 shares. Nationwide Fund holds 22,497 shares. (NYSE:WTI). D E Shaw & Inc invested in 0% or 280,954 shares. State Treasurer State Of Michigan invested in 0.04% or 74,781 shares. It also upped Ishares (DVY) stake by 70,573 shares and now owns 456,819 shares. The insider GLASS DENNIS R sold $16.86M.

Shares of W&T Offshore (WTI) remained flat at $1.99 during trading on Friday.

Investors sentiment decreased to 1.09 in 2016 Q4. See W&T Offshore, Inc.

Shares of W&T Offshore, Inc.

News headlines about W&T Offshore (NYSE:WTI) have been trending positive on Saturday, Accern Sentiment reports. (NYSE:WTI) is a huge mover today! Connor Clark Lunn Invest Limited holds 0% or 36,150 shares in its portfolio.

A number of research analysts have commented on WTI shares. W&T Offshore presently has a consensus rating of "Hold" and an average target price of $2.75. (NYSE:WTI) for 753,100 shares. (NYSE:WTI). California Pub Employees Retirement has 2.01M shares for 0.01% of their portfolio.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. Blackrock Institutional Na accumulated 1.59M shares. Tiaa Cref Inv Management Lc holds 115,002 shares. AQR Capital Management LLC now owns 724,807 shares of the oil and gas company's stock worth $2,007,000 after buying an additional 72,417 shares during the period. The company was upgraded on Thursday, August 6 by Global Hunter Securities. The firm has "Overweight" rating by JP Morgan given on Tuesday, January 3. Out of 3 Wall Street analysts rating W&T Offshore, 1 give it "Buy", 2 "Sell" rating, while 0 recommend "Hold". The stock has "Underweight" rating by Barclays Capital on Monday, October 17.

For the Current Quarter, the growth estimate for W&T Offshore Inc.is 104.3%, while for the Next Quarter the stock growth estimate is 141.7%. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. A negative earnings surprise will usually result in a decline in share price. As of December 31, 2016, the Company had interests in offshore leases covering approximately 750,000 gross acres (450,000 net acres) spanning across the Outer Continental Shelf (OCS) off the coasts of Louisiana, Texas, Mississippi and Alabama. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W&T Offshore Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

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