W&T Offshore (NYSE:WTI – Get Free Report) is projected to post its quarterly earnings results after the market closes on Monday, March 3rd. Analysts expect W&T Offshore to post earnings of ($0.17) per share and revenue of $126.38 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
W&T Offshore Price Performance
Shares of NYSE:WTI opened at $1.77 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 75.32. W&T Offshore has a 12 month low of $1.33 and a 12 month high of $3.10. The stock has a market cap of $260.09 million, a P/E ratio of -4.10 and a beta of 1.32. The company has a 50 day moving average of $1.67 and a 200 day moving average of $1.96.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of W&T Offshore from a “sell” rating to a “hold” rating in a research note on Friday, December 13th.
About W&T Offshore
W&T Offshore, Inc engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.
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