W&T Offshore which can be found using ticker (WTI) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The target price High/Low ranges between 11.5 and 8.9 calculating the mean target price we have $10.20. Given that the stocks previous close was at $4.70 and the analysts are correct then there would likely be a percentage uptick in value of 117.0%. The day 50 moving average is $5.74 and the 200 day moving average is $6.10. The company has a market cap of $688m. You can visit the company’s website by visiting: https://www.wtoffshore.com
The potential market cap would be $1,494m based on the market consensus.
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W&T Offshore, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. W&T Offshore was founded in 1983 and is headquartered in Houston, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.22, revenue per share of 6.43 and a 17.55% return on assets.
