W&T Offshore Inc. is a W&T Offshore Inc is an oil and gas exploration and production company. The company’s exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas.
W&T Offshore Inc. (WTI) had a rough trading day for Wednesday November 25 as shares tumbled 10.88%, or a loss of $-0.26 per share, to close at $2.13. After opening the day at $2.28, shares of W&T Offshore Inc. traded as high as $2.34 and as low as $2.10. Volume was 6.44 million shares over 13,995 trades, against an average daily volume of n/a shares and a total float of 141.78 million.
As a result of the decline, W&T Offshore Inc. now has a market cap of $301.99 million. In the last year, shares of W&T Offshore Inc. have traded between a range of $6.10 and $1.08, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
W&T Offshore Inc is an oil and gas exploration and production company. The company’s exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of the company’s revenue, with natural gas accounting for a much smaller portion.
W&T Offshore Inc. is based out of Houston, TX and has some 291 employees. Its CEO is Tracy W. Krohn.