W&T Offshore found using ticker (WTI) have now 2 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 11.5 and 9 with the average target price sitting at 10.25. Now with the previous closing price of 6.5 this now indicates there is a potential upside of 57.7%. The day 50 moving average is 6.08 and the 200 moving average now moves to 6.04. The company has a market cap of $911m. Find out more information at: https://www.wtoffshore.com
The potential market cap would be $1,436m 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.
