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Blue Chip Growth

Stock Report: "W&T Offshore, Inc." (WTI) Report Updated: May 23, 2016 | Print This Page

Get more stock ratings by Louis Navellier

"W&T Offshore, Inc." (WTI)

Rating: Sell Volatility: Moderate
Total Grade: D Industry: Oil Gas & Consumable Fuels
Competitors: PE,NAT,NFX,BWP

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down no change
Last Week: D same no change
Two Weeks Ago: D up no change
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"W&T Offshore, Inc."© quotemedia

Company Profile

W&T Offshore, Inc., an independent oil and natural gas producer, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico and onshore in the Permian Basin of West Texas. It holds working interests in approximately 63 offshore fields in federal and state waters. As of December 31, 2014, the company had interests in offshore leases covering approximately 1.1 million gross acres spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama; and onshore leasehold interests in approximately 50,000 gross acres in Texas. It also had a total proved reserves of 120.0 million barrels of oil equivalent. The company was founded in 1983 and is based in Houston, Texas.