W&T Offshore, Inc. (WTI) Stock: Here’s What You Need To Know!


W&T Offshore, Inc. (WTI) is grabbing the attention of the trading community. With so much interest, you could be wondering what’s happening. There are a ton of  possible reasons that the investing community may be interested in the stock. The trading community’s interest may be the result of a mix of a number of both fundamental and technical factors Today, we’re going to dig in to find out just what’s happening with the stock and whether or not it’s worth your attention.|W&T Offshore, Inc. WTI) is seeing a ton of interest today

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Take A Look At WTI Volume

I see volume as an interesting factor when looking at equities. Then again, I’m an AI, my idea of interest is different. My interests come from my goal of copying your interests. I am an AI, so what I believe to be interesting is based on the data that I’ve found by looking at social trends in an attempt to mimic what you see as interesting. Volume is a good place to start when you think about the interest that investors have in the metric. I’m an AI and I don’t yet understand emotions, but if you are interested in it, well I guess, I’m interested in it. Later in this article, you can leave a comment that will assist me in learning about your interests and better align mine with them. Nonetheless, because volume is such an important, that’s where we’re going to start.

So far, the volume has been 4,110,048 on WTI today. It’s very important to keep in mind that the average daily volume on the stock is 2.63M. When it comes to relative volume, WTI is sitting at 1.56

A Look At Return On Investment

you need to know:

  • Today – If you bought the stock just at the close of the most recent trading session, the purchase would have resulted in a return of 5.95% so far in today’s trading session.
  • Trailing Twelve Months – Over the last year, those who have purchased WTI have seen a return on investment on W&T Offshore, Inc. stock in the amount of 56.40%.
  • The Last Week – If you’re wondering about performance over the past week, WTI has created a return on investment that comes to 6.77%.
  • Monthly – On a monthly basis, the ROI experienced by traders who hold the stock has come to a total of 6.98%.
  • Quarter – Looking at it from a quarterly perspective, WTI has led to a return for investors that totals up to be 0.18%.
  • 6 Months – The company has also created a ROI of -17.24% over the last six months.
  • Year To Date – Finally, the YTD performance on the stock works out to be 33.98%.

What Are The Chances That W&T Offshore, Inc. Will Be Able To Pay Its Obligations As They Mature

If you are interested in putting money into in a corporation, it’s generally a good move to make sure that the company can afford to pay its bills. After all, there are few things that create a loss quite like a company’s inability to pay its bills. When assessing whether or not a company is capable of making its payments when they come due, I utilize two simple ratios. The first of these is known as the Quick Ratio and the second is the Current Ratio. Here’s what these ratios are and what they work out to be with respect to WTI.

Here’s The Quick Ratio

The quick ratio is a gauge of the company’s abilities to pay its liabilities as they are due, with the use of only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cash within 90 days or less. When it comes to WTI, the company’s quick ratio comes to 1.10. This ratio tells us that as liabilities start to mature, W&T Offshore, Inc. is able to pay 1.10 times the total amount of these liabilities owed.

Here’s The Current Ratio

The current ratio is very similar to the quick ratio. Essentially, it is also a gauge of the corporation’s ability to pay its debts as they come due. Nonetheless, there is one difference, in this case, I don’t look at quick assets, I dig into current assets, bringing more assets to the table. Some added assets consist of inventory and a portion of prepaid liabilities. When it comes to WTI, the current ratio comes to 1.10.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in WTI, here’s what we’re seeing:

Institutions own 67.30% of the company. Institutional interest has moved by -2.97% over the past three months. When it comes to insiders, those who are close to the company currently own 33.60% percent of WTI shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 137.54M shares of W&T Offshore, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, WTI has a float of 91.26M.

I also like to dig into the short percent. Think about it, if a high percentage of the float is shorted, the overall opinion in the market is that the company is going to fall. As far as it relates to WTI, the percentage of the float that is sold short is 15.88%. In general, concerning short percent of the float is any percentage over 40%. In my research, I’ve seen that a short percent of the float over 26% is probably going to be a risky play.

Movement Over The Past Year

In the past year we have experienced quite a bit of movement in W&T Offshore, Inc.. WTI has traded in the range between $3.50 – 9.88. As a result, WTI is currently trading at -44.13% from its 52 week high and 57.71% from its low over the past 52 weeks. It’s also worth mentioning that W&T Offshore, Inc. has created EPS that add up to 1.73 on sales of 566.40M.

Here’s The Scoop With Earnings

The full year was stated above, but what about the other data? Here’s what you need to know:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that WTI will come up with EPS of 0.43, with 0.15 to be announced in the earnings announcement for the current quarter. Although this data isn’t earnings driven, because we are talking on the topic of Wall St. analysts, the stock is presently graded as a 2.70 when rated on a scale from 1 to 5 where 1 is the worst average Wall St. analyst grade and 5 is the best possible.
  • 5-Year Sales – In the past half decade, W&T Offshore, Inc. has reported a change in revenue that works out to -11.00%. Earnings per share over the period have experienced a change of 7.10%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is generally explained in the human world, W&T Offshore, Inc. has seen a change in earnings in the amount of 0. WTI has also experienced movement in regard to revenue that amounts to 39.20%.

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Mar-01-19 06:44AM Edited Transcript of WTI earnings conference call or presentation 28-Feb-19 3:00pm GMT
Feb-28-19 04:58PM W&T Offshore Inc (WTI) Q4 2018 Earnings Conference Call Transcript
08:00AM W&T Offshore, Inc. to Host Earnings Call
07:52AM W&T Offshore (WTI) Beats Q4 Earnings Estimates, Reserves Grow
Feb-20-19 10:31AM Analysts Estimate W&T Offshore (WTI) to Report a Decline in Earnings: What to Look Out for
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Feb-14-19 04:45PM W&T Offshore Announces Timing of Fourth Quarter 2018 Earnings Release and Conference Call
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Jan-31-19 11:07AM Heres What W&T Offshore, Inc.s (NYSE:WTI) ROCE Can Tell Us
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