$0.06 EPS Expected for W&T Offshore, Inc. (WTI)

February 12, 2018 - By Marie Mckinney

 $0.06 EPS Expected for W&T Offshore, Inc. (WTI)
Investors sentiment increased to 1.94 in Q3 2017. Its up 0.28, from 1.66 in 2017Q2. It increased, as 13 investors sold W&T Offshore, Inc. shares while 19 reduced holdings. 30 funds opened positions while 32 raised stakes. 63.51 million shares or 3.99% less from 66.16 million shares in 2017Q2 were reported.
Dimensional Fund Lp reported 499,705 shares. Bluecrest Management Ltd owns 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 12,136 shares. Natl Bank Of America De holds 88,541 shares or 0% of its portfolio. Alliancebernstein L P invested in 77,708 shares or 0% of the stock. Principal Financial Group Incorporated Inc has 0.01% invested in W&T Offshore, Inc. (NYSE:WTI). Australia-based Macquarie Group has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Natixis holds 11,579 shares. State Street Corporation stated it has 1.54M shares or 0% of all its holdings. Ajo Limited Partnership owns 753,682 shares. Federated Investors Pa has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Credit Suisse Ag holds 74,613 shares. New York State Common Retirement Fund has 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 52,000 shares. Legal & General Grp Public Ltd Com invested in 25,382 shares or 0% of the stock. Panagora Asset Mgmt Incorporated holds 0.03% of its portfolio in W&T Offshore, Inc. (NYSE:WTI) for 2.26M shares. Two Sigma Secs Limited Liability has 0.01% invested in W&T Offshore, Inc. (NYSE:WTI).

Since December 18, 2017, it had 0 insider purchases, and 2 selling transactions for $133,631 activity. Schroeder Stephen L had sold 18,762 shares worth $52,721 on Monday, December 18.

Analysts expect W&T Offshore, Inc. (NYSE:WTI) to report $0.06 EPS on March, 7.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.06 EPS. WTI’s profit would be $8.27 million giving it 15.75 P/E if the $0.06 EPS is correct. After having $0.04 EPS previously, W&T Offshore, Inc.’s analysts see 50.00 % EPS growth. The stock increased 6.18% or $0.22 during the last trading session, reaching $3.78. About 633,874 shares traded. W&T Offshore, Inc. (NYSE:WTI) has risen 11.39% since February 12, 2017 and is uptrending. It has underperformed by 5.31% the S&P500.

W&T Offshore, Inc. (NYSE:WTI) Ratings Coverage

Among 4 analysts covering W&T Offshore (NYSE:WTI), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. W&T Offshore had 12 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, October 17, the company rating was downgraded by Barclays Capital. The stock of W&T Offshore, Inc. (NYSE:WTI) earned “Hold” rating by KLR Group on Thursday, March 10. The stock of W&T Offshore, Inc. (NYSE:WTI) earned “Underweight” rating by Capital One on Tuesday, January 19. As per Monday, August 17, the company rating was downgraded by Iberia Capital Partners. The rating was downgraded by Capital One on Wednesday, January 10 to “Underweight”. The stock of W&T Offshore, Inc. (NYSE:WTI) has “Neutral” rating given on Thursday, August 6 by Global Hunter Securities.

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 $520.97 million. It sells crude oil, natural gas liquids, and natural gas. It has a 7.38 P/E ratio. The firm holds working interests in approximately 54 offshore fields in federal and state waters.

Another recent and important W&T Offshore, Inc. (NYSE:WTI) news was published by Fool.com which published an article titled: “Why Shares of W&T Offshore, Inc. Popped 16% Today” on January 24, 2018.

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