W&T Offshore +6% as Seaport upgrades to Buy [Seeking Alpha]
W&T Offshore, Inc. (WTI)
Last w&t offshore, inc. earnings: 3/4 04:45 pm
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Company Research
Source: Seeking Alpha
W&T; Offshore +6% as Seaport upgrades to BuyW&T Offshore (WTI+5.8%) surges after Seaport Globalupgrades shares to Buy from Neutral with a $9 price target, citing an improved oil price outlook and company specific events including an attractively priced acquisition and a transformational joint venture agreement.Seaport's Mike Kelly says W&T's Gulf of Mexico assets have been revitalized and leverage "drastically" improved, amid an environment of industry-wide capital improvements across the Gulf of Mexico.W&Tannounced in April a JV program with Baker Hughes to develop as many as 14 drilling projects in the Gulf of Mexico, a month afteracquiring interests in three Gulf blocks offered as part of Cobalt Energy's Chapter 11 proceedings.Click to subscribe to real-time analytics on WTINow read:Transocean And The Floaters Business - Some Thoughts »
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WTI
News
- An Intrinsic Calculation For W&T Offshore, Inc. (NYSE:WTI) Suggests It's 36% Undervalued [Yahoo! Finance]Yahoo! Finance
- W&T Announces Addition to its Board of DirectorsGlobeNewswire
- W&T (WTI) Up 5.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Can W&T Offshore, Inc. (NYSE:WTI) Maintain Its Strong Returns? [Yahoo! Finance]Yahoo! Finance
- W&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024 [Yahoo! Finance]Yahoo! Finance
WTI
Earnings
- 3/5/24 - Miss
WTI
Sec Filings
- 4/16/24 - Form 3
- 4/11/24 - Form 8-K
- 3/28/24 - Form 8-K
- WTI's page on the SEC website