Why Shares of W&T Offshore, Inc. Popped 16% Today [The Motley Fool]
W&T Offshore, Inc. (WTI)
Last w&t offshore, inc. earnings: 3/4 04:45 pm
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Source: The Motley Fool
Rising oil prices are naturally sending this oil producer higher. Travis Hoium ( TMFFlushDraw ) Jan 24, 2018 at 4:25PM What happened Shares of oil and gas explorer W&T Offshore, Inc. ( NYSE:WTI ) jumped as much as 15.6% in trading Wednesday after gas prices hit a two-year high. Shares were still up 11.7% at 3:55 p.m. EST. So what The price of WTI crude oil jumped 3.4% to as high as $61.81 as I'm writing on fear that protests in Iran could hurt oil output. Brent crude, the global benchmark, was up 1.9% to $67.84 per barrel. Rising oil prices could directly help W&T Offshore's bottom line, which has struggled since oil prices first began dropping in 2014 . Image source: Getty Images. Oil prices are reacting to the potential of a supply shortage in Iran, although one hasn't arisen yet. Still, traders are worried that any threat to
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WTI
News
- 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
- 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
WTI
Earnings
- 3/5/24 - Miss
WTI
Analyst Actions
- 4/23/24 - Stifel
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