W&T Offshore, Inc. s trend and data analysis indicates that the stock price has dropped -2.41% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 60.8% . Looking at the past 52 week period, the stock price is up at 2.54% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of W&T Offshore, Inc. has a positive value of 20.33 compared to overall market.W&T Offshore, Inc. is having a Relative Strength Index of 51.93 which indicates the stock is not yet over sold or over bought based on the technical indicators.
W&T Offshore, Inc. (NYSE:WTI) has climbed 5.6% in the past week and advanced 1.8% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.35% and the outperformance has advanced to 0.64% for the last 4 weeks period.
Company shares have received an average consensus rating of Hold for the current week W&T Offshore, Inc. (NYSE:WTI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 1.39% at $2.83 with 1,800,119 shares getting traded. Post opening the session at $2.9, the shares hit an intraday low of $2.82 and an intraday high of $2.94 and the price was in this range throughout the day. The company has a market cap of $390 million and the number of outstanding shares has been calculated to be 137,674,370 shares. The 52-week high of W&T Offshore, Inc. (NYSE:WTI) is $3.4696 and the 52-week low is $1.31.
Company has reported several Insider transactions to the SEC, on Jan 17, 2017, Virginia Boulet (director) purchased 26,700 shares at 1.59 per share price.On Dec 15, 2016, John D Gibbons (CFO) purchased 35,000 shares at 2.20 per share price.On Dec 13, 2016, Tracy W Krohn (CEO) purchased 835,308 shares at 1.95 per share price.
W&T Offshore Last issued its quarterly earnings results on Mar 1, 2017. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.20. Analyst had a consensus of $-0.14. The company had revenue of $115.20 million for the quarter, compared to analysts expectations of $113.60 million. The companys revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.68 EPS.
W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates.