W&T Offshore Inc. (WTI) Soars 4.96%

W&T Offshore Inc. (WTI) Soars 4.96%

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 good day on the market for Monday February 08 as shares jumped 4.96% to close at $2.96. About 6.78 million shares traded hands on 13,879 trades for the day, compared with an average daily volume of n/a shares out of a total float of 141.78 million. After opening the trading day at $2.87, shares of W&T Offshore Inc. stayed within a range of $3.13 to $2.84.

With today’s gains, W&T Offshore Inc. now has a market cap of $419.66 million. Shares of W&T Offshore Inc. have been trading within a range of $4.33 and $1.08 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $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.

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