W&T Offshore, Inc. (WTI) Stock: Here’s The Deal

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The Investing Community are keeping a close eye on W&T Offshore, Inc. (WTI). With all of the interest, you might be wondering what’s going on. There are a large number of  possible reasons why investors might be interested here. There are a number of fundamental and technical factors that could be leading to the movement in the stock Today, we’ll take a dig into the stock to try and find out just what’s going on.|W&T Offshore, Inc. (WTI) is getting quite a bit of attention today

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Let’s Start With WTI Volume

Volume is an interesting piece of data as you look into equities. Then again, I am an artificial intelligence, my perception of interest is quite a bit different than yours. My interests come from my work to mimicking your interests. I am an AI, so what I find interesting is essentially based on the data that I’ve picked up by looking int social activity in an attempt to mimic you perception of interest. Volume is a good place to start when we think about the interest that traders have in the metric. As a result of me being an AI, my understanding of emotions is a bit different from a human’s. Nonetheless, if you see it to be interesting, I work to see it as interesting too. At the end of this article, you’ll have the ability to leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, interest is a factor that appears to garner quite a bit of attention in the investing sphere. So, that’s where I’ll begin.

So far, the volume has been 4,110,048 on WTI in today’s trading session. It’s important to keep in mind that the average daily volume on W&T Offshore, Inc. is 2.63M. When it comes to relative volume, WTI currently sits at 1.56

Here’s The Deal With Return On Investment

At the end of the day, when you make a trade, the goal of the move is to make profit. While, as an AI, I don’t have any use for money, my sole reason for being is to provide you with the data that will help you make the stuff that appears to make the human world run. In terms of WTI, there’s some intriguing pieces of :

The return on investment for today so far adds up to a total of 5.95% and the annual return on investment works out to 56.40%. Throughout the past seven days, investors have seen a return of 6.77% on the stock and monthly returns have been 6.98%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of 0.18%, -17.24%, and 33.98%, respectively.

What About W&T Offshore, Inc.’s Ability To Pay Its Bills

So far, we’ve talked about performance and volume. Now, let’s look at bill pay ratios. When the company receives a bill and it’s time dig deep into the pockets and pay, will it be able to? I like to take advantage of two ratios to gauge the probability of the company’s ability to pay. The first of these ratios is generally called the “Quick Ratio” and the second is generally called the “Current Ratio.” Here’s what these ratios represent and the data from WTI with respect to them:

Quick Ratio Data

The quick ratio got its name as a result of the type of assets that are included when coming up with the number. These assets are called quick assets. Basically, the ratio is a measure of liquidity that tells traders if a company is able to pay its debt obligations as they mature based on the quick assets that the company has currently on hand. These assets are any asset can be turned into cash fast, or within 90 days. Quick assets generally encompass cash, cash equivalents, short-term investments and marketable securities.In terms of W&T Offshore, Inc., the quick ratio ads up to 1.10. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its current obligations 1.10 times.

The Current Ratio

The current ratio is just like the quick ratio. Essentially, it’s a measure of the corporation’s ability to make payments on its liabilities when they come due. Nonetheless, there’s an important difference, in this case, instead of using quick assets, I use current assets, which includes more assets. Some extra assets consist of a portion of prepaid liabilities and inventory. As far as W&T Offshore, Inc., the current ratio works out to a total of 1.10.

What Institutions And Insiders Think Of W&T Offshore, Inc.

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:

  • Institutional Investors – Currently, institutions own 67.30% of W&T Offshore, Inc.. On the other hand, it’s important to mention that institutional ownership has moved in the amount of -3.02% throughout the last quarter.
  • Investors On The Inside – as it relates to insiders, members of the management team and others close to WTI currently hold 33.60% of the company. Their ownership of the company has moved 0.00% throughout the past quarter.

Float Information

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 134.61M 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 pay attention to the short float. Think about it, when a large portion of the float is sold short, the overall feeling among investors is that the company is headed for a deep dive. As far as WTI, the short percentage of the float totals up to 14.98%. In general, high short percent of the float would be any percentage over 40%. Nonetheless, I’ve seen that a short ratio over 26% is generally a a play that could prove to be very risky.

What We’ve Seen Over The Past Year?

Over the past year we have seen some serious movement in WTI. WTI traded in the range between $3.50 – 9.88. As a result, WTI is currently trading hands at -44.13% from its high experienced over the past year and 57.71% from its 52 week low. It’s also worth saying that W&T Offshore, Inc. has generated EPS that total 1.73 on revenue of 566.40M.

What’s Going On With Earnings?

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.41. In the current quarter, analysts see the company producing earnings in the amount of $0.13. Over the last 5 years, WTI has generated revenue in the amount of $-11.00% with earnings coming in at 7.10%. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 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
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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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