W&T Offshore with ticker code (WTI) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 11.5 and 8.2 with the average target price sitting at $9.85. Given that the stocks previous close was at $4.37 this indicates there is a potential upside of 125.4%. Also worth taking note is the 50 day moving average now sits at $5.10 and the 200 day MA is $5.96. The company has a market capitalization of $633m. Visit the company website at: https://www.wtoffshore.com
The potential market cap would be $1,426m based on the market consensus.
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 2.62, revenue per share of 6.43 and a 17.55% return on assets.
