W&T Offshore found using ticker (WTI) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 10 and 9 with the average target price sitting at 9.5. Now with the previous closing price of 6.04 this indicates there is a potential upside of 57.3%. There is a 50 day moving average of 6.22 and the 200 day moving average is 5.99. The market cap for the company is $875m. Visit the company website at: https://www.wtoffshore.com
The potential market cap would be $1,376m based on the market concensus.
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. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W&T Offshore was founded in 1983 and is headquartered in Houston, Texas.
