W&T Offshore, Inc WTI Stock Price, News, Quote & History

These ten stocks are incredibly resilient and are likely to thrive in any economic environment. W&T Offshore’s stock was trading at $1.66 at the beginning of the year. Since then, WTI stock has increased by 3.0% and is now trading at $1.71. Over the years, W&T Offshore has built a track record of disciplined capital allocation and strategic asset transactions. The company has grown through a combination of bolt‐on acquisitions and farm‐in agreements, often targeting low‐decline, high‐margin properties.

The author has not received compensation for writing this article, other than from FXStreet. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

Thankfully there is a light at the end of the proverbial tunnel once their seni… Gold price attracts fresh sellers amid diminishing odds for a rate cut by the Fed in July. Concerns about the economic fallout from Trump’s tariffs weigh on investors’ sentiment. The emergence of some USD weakness might contribute to limiting losses for the XAU/USD pair. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Leadership at W&T Offshore is headed by President and Chief Executive Officer Timothy S. Jones Jr., who brings decades of industry experience and a focus on operational excellence. Under his guidance, the company has enhanced its technical capabilities and strengthened its balance sheet through proactive asset management. Supported by a seasoned management team, W&T Offshore continues to pursue growth initiatives that align with its strategy of creating value through offshore oil and gas development in the Gulf of Mexico. HOUSTON–(BUSINESS WIRE)–An independent Texas oil and gas producer is striking back against a group of insurance companies, which collectively are seeking $250 million in collateral beyond what the o… Please bear with us as we address this and restore your personalized lists. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

Defense stocks rise modestly after US bombs Iran

When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia. W&T Offshore scored higher than 10% of companies evaluated by MarketBeat, and ranked 249th out of 267 stocks stan weinstein’s secrets for profiting in bull and bear markets in the energy sector.

W&T Offshore Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is considered “The Pipeline Crossroads of the World”. It is a benchmark for the Oil market and WTI price is frequently quoted in the media. Enter your email address and we’ll send you MarketBeat’s list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty.

Back then, oil was $-37 as opposed to $63 now and the debt concerns were way more significant. WTI benefits from recent U.S. executive actions supporting oil and gas, enhancing its regulatory environment and future free cash flow prospects. Select to analyze similar companies using key performance metrics; select up to 4 stocks. The -0.7% month-on-month decline in retail sales coincided with a -0.3% decline in overall services activity in April. OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member countries at twice-yearly meetings. When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices.

WTI Light Crude Oil

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded in US Dollars, thus a weaker US Dollar can make Oil more affordable and vice versa.

Eurozone Retail Sales drop in May, confirming second quarter weakness

Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. W&T Offshore’s significant debt reduction and positive cash flow make it an appealing investment, with potential for inorganic growth through acquisitions in the Gulf of Mexico. WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude.

  • It is considered a high quality Oil that is easily refined.
  • When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices.
  • Gold price attracts fresh sellers amid diminishing odds for a rate cut by the Fed in July.
  • The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

W&T Offshore Announces Timing of First Quarter 2025 Earnings Release and Conference Call

That provided a jolt to stocks, which started the session in red territory as oil surged on the immediate heels of President Trump’s decision to join Israel’s attacks on Iran on Saturday. Investors began the session on edge over a shock surge in energy prices if Iran blocks the key Strait of Hormuz waterway, as that would have repercussions for economies worldwide. The weekly Oil inventory reports published by the American Petroleum Institute (API) and the Energy Information Agency (EIA) impact the price of WTI Oil.

  • Their results are usually similar, falling within 1% of each other 75% of the time.
  • Since then, WTI stock has increased by 3.0% and is now trading at $1.71.
  • The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price.
  • Back then, oil was $-37 as opposed to $63 now and the debt concerns were way more significant.

what is the stock price of wti

While the Gulf of Mexico represents its primary producing region, W&T Offshore has also evaluated nearshore and onshore opportunities in adjacent U.S. basins to complement its offshore position. Safety, environmental stewardship and regulatory compliance remain central to its operational philosophy. The previous decade was tough for W&T Offshore, as they battled to deleverage whilst enduring oil price booms and busts.

what is the stock price of wti

Sector Update: Energy Stocks Advance Pre-Bell Tuesday

Changes in inventories reflect fluctuating supply and demand. If the data shows a drop in inventories it can indicate increased demand, pushing up Oil price. Higher inventories can reflect increased supply, pushing down prices. API’s report is published every Tuesday and EIA’s the day after.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top