WTI on a reversal ... winter is coming and travel picking up$1.92 then $2.18 on to $2.68 where it likes to trade in limbo on consolidation. Once this blows past $2.68 it should run up to $3.69.
Key stats
Market capitalization
705.942MUSD
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
3.00
Basic EPS (TTM)
1.62USD
About W&T Offshore, Inc
ISIN
US92922P1066
Sector
Energy Minerals
Industry
Oil & Gas Production
Website
wtoffshore.com
CEO
Tracy W. Krohn
Headquarters
Houston
Employees
365
Founded
1983
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0