W&T Offshore Inc. (WTI) Plunges 12.86% on September 29

W&T Offshore Inc. (WTI) had a rough trading day for Friday September 29 as
shares
tumbled 12.86%, or a loss of $-0.45 per share, to close at $3.05. After opening the day at $3.51, shares of W&T Offshore Inc. traded as high as $3.56 and as
low as $2.87. Volume was 6.65 million shares over 16,102 trades, against an average daily volume of 2.08 million shares and a total float of 137.82 million.

As a result of the decline, W&T Offshore Inc. now has a market cap of $420.36 million.

The stock has a P/E Ratio of 2.3.

In the last
year, shares of W&T Offshore Inc. have traded between a range of $3.69 and $1.31, and its 50-day SMA is currently $2.14 and 200-day SMA is $2.41.

For a complete fundamental analysis of W&T Offshore Inc., check out Equities.com’s Stock Valuation Analysis report for
WTI
.

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W&T Offshore Inc is engaged in the oil & gas sector. The company explores and develops oil & gas properties in Mexico.

W&T Offshore Inc. is based out of Houston, TX and has some 302 employees. Its CEO is Tracy W. Krohn.

W&T Offshore Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on W&T Offshore Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
WTI’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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