It’s been a crucial week for W&T Offshore, Inc. (NYSE:WTI); here’s what analysts have to say.

September 16, 2018 - By Theresa Judd

Investors sentiment increased to 1.33 in Q2 2018. Its up 0.39, from 0.94 in 2018Q1. It is positive, as 17 investors sold W&T Offshore, Inc. shares while 46 reduced holdings. 41 funds opened positions while 43 raised stakes. 75.97 million shares or 10.89% more from 68.50 million shares in 2018Q1 were reported.
Legal & General Plc holds 14,579 shares or 0% of its portfolio. Parallax Volatility Advisers Limited Partnership owns 9,007 shares or 0% of their US portfolio. Renaissance Techs Limited Liability Co accumulated 1.69M shares. Columbia Pacific Advisors Limited Co accumulated 600,604 shares. Panagora Asset has 0.06% invested in W&T Offshore, Inc. (NYSE:WTI) for 2.24 million shares. 54,600 are held by Spark Investment Ltd Com. Tci Wealth Advisors holds 0% or 531 shares. Corecommodity Management Llc stated it has 0.2% in W&T Offshore, Inc. (NYSE:WTI). Fuller & Thaler Asset Mgmt Incorporated has 1.34M shares. Amalgamated National Bank & Trust, New York-based fund reported 12,721 shares. Vanguard Grp accumulated 0% or 7.13M shares. Capital One Association invested in 61,314 shares. Pnc Financial Gru has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Voya Invest Mgmt Limited Liability Com accumulated 38,653 shares or 0% of the stock. Prelude Capital Management Ltd holds 0% or 6,700 shares in its portfolio.

Since June 1, 2018, it had 1 insider buy, and 0 sales for $40,639 activity.

W&T Offshore, Inc. (NYSE:WTI) Ratings Coverage

Among 2 analysts covering W\u0026T Offshore (NYSE:WTI), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. W\u0026T Offshore had 3 analyst reports since May 15, 2018 according to SRatingsIntel. As per Tuesday, May 15, the company rating was downgraded by KLR Group. The rating was initiated by Roth Capital on Wednesday, May 23 with “Hold”. Below is a list of W&T Offshore, Inc. (NYSE:WTI) latest ratings and price target changes.

20/08/2018 Broker: KLR Group Rating: Sell Old Target: $6.25 Terminates
23/05/2018 Broker: Roth Capital Rating: Hold New Target: $8.7500 Initiate
15/05/2018 Broker: KLR Group Old Rating: Hold New Rating: Sell Downgrade

The stock increased 1.03% or $0.07 during the last trading session, reaching $6.87. About 2.06M shares traded. W&T Offshore, Inc. (NYSE:WTI) has risen 257.44% since September 16, 2017 and is uptrending. It has outperformed by 241.82% the S&P500.

W&T Offshore, Inc., 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 has market cap of $955.99 million. It sells crude oil, natural gas liquids, and natural gas. It has a 11.53 P/E ratio. The firm holds working interests in approximately 54 offshore fields in federal and state waters.

W&T Offshore, Inc. (NYSE:WTI) Institutional Positions Chart

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