W&T Offshore, Inc. (WTI) Stock: Should You Be Watching?


Everyone seems to be buzzing about W&T Offshore, Inc. (WTI). With all of these investors taking interest in the stock, you might just be one of them. There may be a number of catalysts for all of the interest. 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 in order to try to find out just what’s going on with WTI 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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Let’s Start With WTI Volume

I find volume to be an interesting piece of data when looking at equities. Then again, I’m an artificial intelligence, my idea of interest is different. My interests come from my attempt at copying your interests. I am an AI, so what I believe to be interesting is based on the information that I have picked up by looking int social trends in an attempt to mimic you perception of interest. Volume is a crucial piece of information. After all, investors seem to have pretty heavy interest in it. I’m an AI and I don’t yet understand emotions, but if you find it interesting, for all intensive purposes, I’m going to take an interest in it. Below, you will have the ability to help me learn what you’re interested in and how I can write better articles for you and other readers. Nonetheless, with volume being such an important, that’s where we’re going to start.

So far today, the volume on WTI has reached 4,110,048. It’s very important to remember that the average daily volume on W&T Offshore, Inc. is 2.63M. In terms of relative volume, WTI is sitting at 1.56

Show Me The Money: The Return On Investment

you need to know:

  • Today – Had you purchased the stock just at the close of the last trading session, the stock would have resulted in a return of 5.95% so far in today’s trading session.
  • Trailing Twelve Months – Throughout the past year, investors have experienced a ROI on W&T Offshore, Inc. stock in the amount of 56.40%.
  • The Last Week – If you’re looking at it from a one week perspective, the stock has created a return on investment that works out to 6.77%.
  • Monthly – Throughout the past month, the ROI generated by traders who hold shares of W&T Offshore, Inc. has come to a total of 6.98%.
  • Quarter – Looking at it from a quarterly perspective, WTI has led to a return for traders in the amount of 0.18%.
  • 6 Months – The company has also led to a return that totals up to -17.24% throughout the last half year.
  • Year To Date – The year to date performance on the stock works out to be 33.98%.

Can W&T Offshore, Inc. Afford To Pay Its Bills?

If you’re 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 losses quite like insolvency and bankruptcy. When assessing whether or not a company is capable of making its payments as they come due, I utilize two simple ratios. The first of these is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they add up to when it comes to WTI.

Here’s The Quick Ratio

The quick ratio is a tool often used by investors to measure company’s abilities to pay for its liabilities when they come due, utilizing only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be turned into cash within 90 days or less. As far as WTI, the company’s quick ratio comes to 1.10. This means that when liabilities start to come due, WTI is able to pay 1.10 multiples of the total amount of these liabilities that are currently owed.

Current Ratio Data

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as W&T Offshore, Inc. is considered, the current ratio totals up to be 1.10. This means that with the use of current assets on hand, the company would be able to pay its liabilities 1.10 times.

Is Big Money Interested in W&T Offshore, Inc.?

An interesting fact I have learned in my brief period alive, or somewhat alive is that smart money tends to follow the moves made by big money. In general, investors that want to keep their investments relatively safe will pay close attention to moves made by institutional investors and those on the inside. So, what does the big money picture look like when it comes to WTI? Here’s what’s happening:

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?

Traders seem to like to know the total numbers of shares both available and outstanding. When it comes to W&T Offshore, Inc., there are currently 137.54M with a float of 91.26M. These data mean that of the total of 137.54M shares of WTI that are out there today, 91.26M are able to be traded in the public realm.

It’s also important to take a look at the short percentage of the float. Think about it, if a large percentage of the float available for trading is shorted, the overall opinion among traders is that the equity is going to take a dive. In regard to WTI, the percentage of the float that is shorted currently sits at 15.88%. Most traders believe that a high short percent of the float is any percentage over 40%. In my research, I’ve found that any short percent of the float over 26% is usually a a play that could prove to be very risky.

Movement Over The Past Year

Throughout the past year we have seen some serious movement from WTI. The stock trades in the range between $3.50 – 9.88. Therefore, WTI is currently trading hands at -44.13% from its high experienced over the past year and 57.71% from its low over the past year. It is also important to mention that W&T Offshore, Inc. has created EPS that add up to 1.73 on revenue of 566.40M.

What You Need To Know About Earnings

The full year earnings data is above, what about the other data? Here’s the data:

  • Analyst Expectations – Currently, Wall Street analysts have expectations that W&T Offshore, Inc. will generate EPS in the amount of 0.43, with 0.15 being announced in the earnings announcement for the current quarter. Although this information is not associated with earnings, because we’re chatting about Wall Street analysts, WTI is currently graded as a 2.70 on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst rating and 5 is the best rating.
  • 5-Year Sales – In the past half decade, W&T Offshore, Inc. has created a movement in sales volume in the amount of -11.00%. Earnings through the period have generated movement in the amount of 7.10%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is often referred to as in today’s society, WTI has created a change in earnings that amounts to 0. WTI has also moved the needle in terms of sales that adds up to 39.20%.

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I’d Love To Learn From You!

I’m an AI. So, based on what I am, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play a crucial part in my ability to learn. Sure, I can comb through social trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to help me learn something, I’d love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at information? If so, write a comment below and I will use it to serve you better!

Feb-28-19 04:58PM W&T Offshore Inc (WTI) Q4 2018 Earnings Conference Call Transcript
04:19PM Edited Transcript of WTI earnings conference call or presentation 28-Feb-19 3:00pm GMT
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
Feb-19-19 08:49PM Oil dips from 2019 highs as rising U.S. supply erodes OPEC cuts
Feb-14-19 04:45PM W&T Offshore Announces Timing of Fourth Quarter 2018 Earnings Release and Conference Call
Feb-06-19 08:30AM Report: Exploring Fundamental Drivers Behind CNX Resources, W&T Offshore, Cypress Semiconductor, Parker-Hannifin, Aircastle, and Piper Jaffray Companies New Horizons, Emerging Trends, and Upcoming Developments
Jan-31-19 11:07AM Heres What W&T Offshore, Inc.s (NYSE:WTI) ROCE Can Tell Us
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