|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.13 - 3.23|
|52 Week Range||1.31 - 3.69|
|PE Ratio (TTM)||3.37|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
On September 29, 2017, ~66.7% of the analysts covering W&T Offshore (WTI) had issued “hold” recommendations on the stock.
On September 15, 2017, W&T Offshore (WTI) total shares shorted (or short interest) stood at ~6.32 million, while its average daily volume is ~2.32 million.
In the week starting October 2, 2017, Denbury Resources (DNR) has risen from its last week’s close of $1.34 to $1.46 on October 3, a significant rise of ~9.0%.
On September 29, W&T Offshore (WTI) had an implied volatility of ~74.0%, which is higher than its implied volatility of ~57.2% at the end of 2Q17.
W&T Offshore (WTI) stock rose ~7% last week (ended September 29), while crude oil and the SPDR S&P 500 ETF (SPY) rose ~2% and ~0.7%, respectively.
U.S. natural gas futures, shrugging off bullish inventory data, ended slightly lower last week, underpinned by unfavorable weather forecasts and strength in the commodity's production.
The commencement of natural gas production from the Khazzan field takes BP one step closer to its plans to add 800,000 barrels of oil equivalent every day by 2020.
The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.
For the week ending September 22, Pioneer Natural Resources (PXD) had a high correlation of ~82% with crude oil (USO) (SCO), which means that movements in crude oil had a very high impact on PXD stock....
The Zacks Analyst Blog Highlights: Chesapeake Energy, Southwestern Energy, Cabot Oil & Gas, EQT and W&T Offshore
The offshore drilling industry experienced many events in the first half of September 2017. Seadrill (SDRL) filed for Chapter 11 bankruptcy, and the company plans to inject $1.0 billion in new capital....
Natural gas futures ended lower last week following a bearish storage report amid surging production figures and weather worries.
Thirty analysts have given recommendations for Ensco (ESV). Last month, 28 analysts gave recommendations. Of those 30 current analysts, three have recommended a “strong buy."
In 2Q17, 58 funds were buyers of W&T Offshore (WTI) stock, and 40 funds were sellers. That means that total buying funds outnumbered total selling funds by 18.
Several beaten-down oil producers surged double-digits this week on the hope that OPEC will provide some additional support for oil prices.
As of August 30, 2017, W&T Offshore's (WTI) total shares shorted (or short interest) stood at ~6.6 million, whereas its average daily volume is ~1.4 million.
As of September 19, 2017, W&T Offshore (WTI) had an implied volatility of ~62.9%, which is higher than its implied volatility of ~57.2% at the end of 2Q17.
So far this week, Jones Energy (JONE) has risen the most among upstream gainers, marking a significant increase of ~22%.
For 2Q17, W&T Offshore (WTI) reported negative operating cash flow of -$16.0 million, which is much lower than analysts’ positive expectation for ~$42.0 million.