W&T Offshore, Inc. with ticker code (WTI) now have 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 calculating the average target price we see $9.75. Now with the previous closing price of $5.29 and the analysts are correct then there would likely be a percentage uptick in value of 84.3%. It’s also worth noting that there is a 50 day moving average of $5.42 and the 200 day MA is $5.93. The market cap for the company is $751m. You can visit the company’s website by visiting: https://www.wtoffshore.com
The potential market cap would be $1,385m based on the market consensus.
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 sells crude oil, natural gas liquids, and natural gas. W&T Offshore, Inc. 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 3.33, revenue per share of 6.43 and a 17.55% return on assets.
