In the last trading session, 1.25 million W & T Offshore Inc (NYSE:WTI) shares changed hands as the company’s beta touched 0.53. With the company’s per share price at $1.19 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $175.71M. WTI’s last price was a discount, traded about -138.66% off its 52-week high of $2.84. The share price had its 52-week low at $1.09, which suggests the last value was 8.4% up since then. When we look at W & T Offshore Inc’s average trading volume, we note the 10-day average is 1.07 million shares, with the 3-month average coming to 1.31 million.
W & T Offshore Inc (NYSE:WTI) trade information
The company’s shares are showing year-to-date downside of -28.31%, with the 5-day performance at 4.39% in the green. However, in the 30-day time frame, W & T Offshore Inc (NYSE:WTI) is -24.68% down. Looking at the short shares, we see there were 21.23 million shares sold at short interest cover period of 13.76 days.
The 2025 estimates are for W & T Offshore Inc earnings to decrease by -9.42%, but the outlook for the next 5-year period is at -2.82% per year.
WTI Dividends
W & T Offshore Inc is expected to release its next quarterly earnings report on 2025-Mar-02. The 3.36% annual yield figure for the share gives it an annual dividend of 0.04. It is important to note, however, that the 3.36% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.53 per year.
W & T Offshore Inc (NYSE:WTI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 33.57% of W & T Offshore Inc shares while 36.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.60%. There are 36.94% institutions holding the W & T Offshore Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.5968% of the shares, roughly 8.22 million WTI shares worth $17.6 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.8416% or 7.11 million shares worth $15.22 million as of 2024-06-30.
