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W&T Offshore, Inc. (WTI) Jumps: Stock Rises 12.4%

Zacks Equity Research
Updated

W&T Offshore, Inc. WTI was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.60 to $3.72 in the past one-month time frame.

The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

W&T Offshore currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

W&T Offshore, Inc. Price

W&T Offshore, Inc. Price | W&T Offshore, Inc. Quote

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Is WTI going up? Or down? Predict to see what others think: Up or Down.

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W&T Offshore, Inc. (WTI) : Free Stock Analysis Report
 
Northern Oil and Gas, Inc. (NOG) : Free Stock Analysis Report
 
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Zacks Investment Research