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Stock analysts at StockNews.com initiated coverage on shares of W&T Offshore (NYSE:WTI – Get Rating) in a research report issued on Thursday. The brokerage set a “hold” rating on the oil and gas company’s stock. Separately, Stifel Nicolaus upped their price target on W&T Offshore from $8.00 to $8.20 in a report on Thursday, April […]
As surprising growth in US crude inventories couples with uncertain economic data from the US and China, oil prices remain in a state of uneasy stability
Crude oil prices were on the rise on Monday as the market continued to fear a tightening of crude supplies on Canadian wildfires
W&T Offshore (NYSE:WTI – Get Rating) released its quarterly earnings results on Tuesday. The oil and gas company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.18), Briefing.com reports. W&T Offshore had a net margin of 25.10% and a negative return on equity of 270.10%. The business had revenue of […]
Demand concerns rose to the forefront again on Wednesday following a surprise build in U.S. crude oil inventories that has shaved over a dollar off Brent and WTI prices in afternoon trading