WTI News

One of the biggest stories of last week was how W&T Offshore, Inc. (NYSE:WTI) shares plunged 23% in the week since its...

W&T Offshore (WTI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

W&T Offshore (WTI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Tracy Krohn has been the CEO of W&T Offshore, Inc. (NYSE:WTI) since 1983. First, this article will compare CEO...

HOUSTON, March 23, 2020 -- 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.

Unfortunately for some shareholders, the W&T Offshore (NYSE:WTI) share price has dived 56% in the last thirty days...

W&T (WTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Despite cutting the capital budget, W&T Offshore (WTI) expects to maintain production guidance for 2020.

Investors need to pay close attention to W&T Offshore (WTI) stock based on the movements in the options market lately.

Q4 2019 W&T Offshore Inc Earnings Call

W&T (WTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oil's collapse has become more of a demand issue, making a potential deal between Russia and Saudi Arabia less impactful, says oil analyst and editor of The Schork Report Stephen Schork.

If you are a beneficial holder, meaning you hold your shares of Company common stock through a broker, bank or other nominee, you must (i) contact the broker, bank or other nominee that holds your shares to request a legal proxy giving you the right to vote your shares, (ii) email a copy of such legal proxy to investorrelations@wtoffshore.com prior to the Annual Meeting and (iii) register for the Annual Meeting by visiting the meeting website. Only shareholders of record and beneficial holders of Company common stock at the close of business on March 19, 2020 who follow the instructions set forth above will be entitled to virtually attend the Annual Meeting, submit questions and vote during the Annual Meeting. Company management will not be making a presentation at the Annual Meeting.

W&T (WTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

HOUSTON, March 17, 2020 -- W&T Offshore, Inc. (NYSE: WTI) today announced that it has reduced its capital expenditure budget for 2020 and that it has added natural gas.

A clear winner has emerged from the historic rout in global oil markets: China, which is reaping an unlikely reward from a crisis it helped foment.

W&T also disclosed additional natural gas hedges. While we have significantly reduced our expected 2020 capital spend by suspending our drilling activity, we remain confident in the long-term viability of our substantial inventory of drilling opportunities.

W&T (WTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Moody's Investors Service ("Moody's") downgraded W&T Offshore, Inc.'s (W&T) Corporate Family Rating (CFR) to Caa2 from B3, Probability of Default Rating (PDR) to Caa2-PD from B3-PD and senior secured second lien notes rating to Caa3 from B3. W&T's Speculative Grade Liquidity (SGL) Rating was downgraded to SGL-4 from SGL-2. "The downgrade of W&T's ratings reflects the negative impact from the weak oil and gas price environment on credit quality, increased refinancing risks as debt maturities approach and a high cost of capital which elevates risks of restructuring and default," said Jonathan Teitel, Moody's Analyst.

W&T Offshore (WTI) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.