W&T OffshoreWTI
About: 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 company's revenue, with natural gas accounting for a much smaller portion.
Employees: 395
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
2.41% less ownership
Funds ownership: 38.88% [Q1] → 36.47% (-2.41%) [Q2]
3% less funds holding
Funds holding: 145 [Q1] → 141 (-4) [Q2]
12% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 34
24% less capital invested
Capital invested by funds: $151M [Q1] → $115M (-$36.9M) [Q2]
80% less call options, than puts
Call options by funds: $320K | Put options by funds: $1.59M
Research analyst outlook
We haven’t received any recent analyst ratings for WTI.