Capital One Financial Lowers W&T Offshore (WTI) to Underweight

13 January, 2018, 05:18 | Author: Sammy Rose

W&T Offshore, Inc. (WTI) surprised the stock market in its last reported earnings when it earned $0.04 a piece versus the consensus-estimated $0.02. Federated Investors Pa holds 0% of its portfolio in W&T Offshore, Inc. Capital One Financial downgraded W&T Offshore from an "equal weight" rating to an "underweight" rating in a research note on Wednesday.

The stock decreased 3.36% or $0.15 during the last trading session, reaching $4.31. As per Tuesday, January 19, the company rating was downgraded by Capital One. The rating was upgraded by Global Hunter Securities on Thursday, August 6 to "Neutral".

ARTEMIS RESOURCES LTD WEST PERTH (OTCMKTS:ARTTF) had an increase of 93.94% in short interest. EMCI's SI was 27,400 shares in January as released by FINRA. Following the transaction, the insider now owns 476,030 shares of the company's stock, valued at approximately $1,328,123.70. The company's 3-months average volume stands at 3.37 million. About 4.11 million shares traded. (OTCMKTS:WEFIF) has 0.00% since January 10, 2017 and is. Zacks Investment Management raised its holdings in shares of W&T Offshore by 68.8% in the 2nd quarter.

WTI has been the subject of a number of analyst reports. They expect $0.06 earnings per share, 0.00% or $0.00 from last year's $0.06 per share. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 8.24.

The average Wall Street analyst rating for W&T Offshore, Inc.is Hold, according to the average of 1 analyst scores. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Its down 0.19, from 1.43 in 2017Q2. It is positive, as 13 investors sold W&T Offshore, Inc. shares while 19 reduced holdings. Presently, W&T Offshore (WTI) has a 14-day Commodity Channel Index (CCI) of 113.83.

Shares of W\u0026T Offshore (NYSE:WTI) were lowered to a "Underweight" by stock analysts at Capital One Financial. Bankshares Of New York Mellon accumulated 419,547 shares.

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USA equity benchmarks were in the doldrums on Wednesday afternoon as declines in the technology, real estate and health care sectors offset gains in financials and energy, with the latter buoyed by an eighth successive week of falling United States oil stockpiles. Goldman Sachs Grp has invested 0% in W&T Offshore, Inc. (NYSE:WTI) rating on Monday, October 17. (LOW) stake by 5.26% reported in 2017Q3 SEC filing. First Interstate Retail Bank reported 0% of its portfolio in W&T Offshore, Inc. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of -1.65. Invesco Limited owns 0% invested in W&T Offshore, Inc. (NYSE:WTI). Amalgamated Bancshares reported 11,878 shares. Arrowstreet Cap Limited Partnership has 0% invested in W&T Offshore, Inc. (NASDAQ:EMCI). Ameritas Inc holds 745 shares or 0% of its portfolio. About 554,040 shares traded.

NYSE:WTI Future Profit Jan 12th 18 The oil price collapse triggered a wave of cost reduction among energy businesses as the sector as a whole faced negative growth over the past five years. It has underperformed by 16.70% the S&P500.

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. The company has managed to keep price to sales ratio of 2.42 against an industry average of 3.18. It has a 8.59 P/E ratio.

Since December 18, 2017, it had 0 insider buys, and 2 selling transactions for $133,631 activity. Schroeder Stephen L also sold $52,721 worth of W&T Offshore, Inc. (NYSE:WTI) for 88,541 shares. The insider, GIBBONS JOHN D, now holds 391,899 shares of WTI.

Westfield Group, through its subsidiaries, operates as a retail property group in Australia, the United States, New Zealand, and the United Kingdom.

Beta is an important measure that gives investors a sense of the market risk associated with a particular stock.

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