W&T Offshore Announces Increase in Prospective Acreage as the Apparent High Bidder on Two Blocks in the Latest Gulf of Mexico Lease Sale
W&T Offshore, Inc. (WTI)
Last w&t offshore, inc. earnings: 3/4 04:45 pm
Check Earnings Report
US:NYSE Investor Relations:
starwoodhotels.com/whotels/index.html?language=en_us
Company Research
Source: GlobeNewswire
HOUSTON, March 23, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 254 held by the Bureau of Ocean Energy Management ("BOEM") on March 18, 2020. W&T was the apparent high bidder on one deepwater block, Garden Banks block 782, and one shallow water block, Eugene Island Area South Addition block 345. Tracy W. Krohn, W&T's Chairman and Chief Executive Officer, commented, “We are pleased to be the apparent high bidder on two new attractive leases in the most recent federal lease sale. We utilized our proprietary seismic to determine the blocks we felt complemented our current acreage. These blocks are not far from existing production infrastructure which allows for more economic development of potential discoveries. While we are investing our cash flow more judiciously in 2020, we believe these blocks are a cost- effective way to increase longer-term
Show less
Read more
Impact Snapshot
Event Time:
WTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WTI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WTI alerts
High impacting W&T Offshore, Inc. news events
Weekly update
A roundup of the hottest topics
WTI
News
- W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024GlobeNewswire
- W&T Offshore, Inc. (NYSE: WTI) had its price target raised by analysts at Stifel Nicolaus from $7.50 to $7.80. They now have a "buy" rating on the stock.MarketBeat
- 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
WTI
Earnings
- 5/10/24 - Miss
WTI
Analyst Actions
- 4/23/24 - Stifel
WTI
Sec Filings
- 5/10/24 - Form 8-K
- 5/10/24 - Form 10-Q
- 5/1/24 - Form 8-K
- WTI's page on the SEC website