Can analysts adopt a bullish outlook for W&T Offshore, Inc. (NYSE:WTI)?

September 16, 2018 - By Lisa Delgado

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.
California State Teachers Retirement System reported 142,848 shares. Hsbc Holdg Public Ltd Com reported 0.01% of its portfolio in W&T Offshore, Inc. (NYSE:WTI). Tudor Et Al invested in 62,557 shares. Bnp Paribas Arbitrage Sa has invested 0% of its portfolio in W&T Offshore, Inc. (NYSE:WTI). Wells Fargo & Communications Mn owns 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 653,461 shares. Grantham Mayo Van Otterloo Ltd Limited Liability Company holds 0.01% of its portfolio in W&T Offshore, Inc. (NYSE:WTI) for 111,800 shares. Laurion Capital Mngmt Limited Partnership accumulated 0.01% or 170,128 shares. Lazard Asset Management Lc has 0% invested in W&T Offshore, Inc. (NYSE:WTI). Meeder Asset Inc has 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 25,304 shares. Dimensional Fund Advsr L P reported 4.16M shares stake. Gsa Llp holds 177,672 shares or 0.06% of its portfolio. The Illinois-based Citadel Advsr Llc has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Foundry Prtn Limited Liability holds 0.27% or 936,475 shares in its portfolio. Zeke Capital Advsrs Ltd Liability Corporation invested in 11,472 shares. Invesco Ltd invested 0% in W&T Offshore, Inc. (NYSE:WTI).

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. The firm earned “Sell” rating on Tuesday, May 15 by KLR Group. The firm has “Hold” rating given on Wednesday, May 23 by Roth Capital. 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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