W and T Offshore Inc (WTI) Options

The more sources I search the cleaner the information. For the initial listing and sell of stocks on NYSE, the price must be higher than $5 and it must stay above $1 or it will be subject to being DELISTED. So our stock in WTI is currently at $2.54 and is not yet subject to being delisted.

so...WTI share price has been below $4 almost non-stop since late October 2023. Why hasn't WTI been delisted from the NYSE? Is NYSE criteria requiring stock share price to be above $4 just smoke and mirrors or is it something real?

How long for a stock traded on the NYSE to be delisted when the share price is below $4

30 days
According to 2 sources
A company subject to delisting for failing to meet an exchange's requirements will typically have 30 days to resolve the issues, which could include falling below the minimum share price or failing to p...
Relisted: What it Means and …
investopedia.com
If a stock’s share price drops below $1.00 and remains below that level for 30 days, the exchange may notify the company that it is not in compliance with listing requirements and is at risk of being delisted.
What Is Delisting & How Doe…
thestreet.com

Anyone know how long a stock on the New York Stock Exchange can have a share price below $4 before the NYSE delists them? Seems like WTI is pushing the boundaries!!!!!!

So, what is the deal with WTI and the New York Stock Exchange? One requirement of NYSE is that stock prices are required to be $4 per share or higher but WTI is frequently lower than $4!!! Seems like WTI is risking being delisted from the NYSE! HELLO penny stocks.

Looks like all the mom and pop investors have left WTI to the Algos....I will take the same path. They don't even leave crumbs to nibble on. So long..........

I been with this wti a long time never could figure how they get away with all these short trades but guess it like you say the agos , no this company has low debit , and black rock and vanguard are filling to go by by eventually bank of america going in some places end of the fed reserve , cant wait tell I learn how to fill for American National a rebuke my citizen and become free of the cabal system, this thing should be trading at $20 IMO for a fair PE

Short algos been taking too much, time for a short squeeze. Time to take back our company! It is up to you!

people could have bought this Godly honest company and held it ,

WTI, (Trade) has reported earnings of 0.21 per share versus last year's earnings of 0.11 per share.

20 cents estimate

W&T Offshore Announces Timing of First Quarter 2022 Earnings Release and Conference Call

https://www.wtoffshore.com/news-media/press-releases/detail/426/wt-offshore-announces-timing-of-first-quarter-2022

Break the Resistance take 2. New high coming.

In 4 weeks another quarter earnings about 2x what the last one was it will seem early but not, last one was late, it maybe 20 cents be my guess another beat

What is your take on WTI financials that just came out?

It’s already past $5 on the west coast.

It south Florida it’s $4.50

I don't know about $10, but $5 or $6 could happen within a year. WTI could go to $20+

$10 gas coming

Figure no posters here on a good thing wti

Stock price in repair

Does anyone know if the repairs were made on the wells that were down? I've reached out to WTI 2-3 times and have yet to get a response.
As for share price, it is moving up slowly and I do believe that the first 1/2 of the year we should see the share price above 6. But this Covid crap needs to stop.

Balance sheet carried a retained earnings deficit for years now, shows up as negative stockholder equity. Yet the stock has traded around 5-6 before the pandemic, and now in the 3-4 range for all of 2021. Wonder if that is an anomaly - negative equity, meaning this is priced for bankruptcy yet no immediate danger??

What do you make of it? Good for a trade obviously but not worthy of long term investment. Anyone else got a different read on W&T's stockholder deficit and the high depreciation/depletion rate of their assets?

You are correct! I'm not sure why it is still low. It could be damage done from the hurricane? But I do believe if crude stays above $80 for a few months, WTI's profit will soar and the year end financials will drive the price up. But I am surprised that the price isn't higher.

You said in March, and in May-Jun before summer that oil prices will rise to 80. Sure enough, WTI and Brent are both above $80 and headed higher, and its not even year end yet. But WTI? Well its half of what you had predicted $8-9!! Not bad but shows how stock prices often lag those very same commodities they support.

WTI has too many hedges in place and thats what is keeping the lid on it going higher. If those hedges come off in 2022, and debt can be brought down, then it might be a very different picture.

Ummm...no.

Stock to invest in. Ticker WTI. WTI is a Texas oil company with great financials. This stock should soar to near $9 by the end of the year and $12+ by the beginning of 2022. If you look at their historical pricing, and its relevance to crude pricing, we could even see prices in the 20's.

https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti


https://finance.yahoo.com/quote/WTI/history?p=WTI

I'm expecting this to go between $8 and $9 before the end of the year. Estimates on crude prices show the next 3 years with oil going over $100 a barrel. In 2018 WTI crude went to $76 a barrel and WTI (W&T) went over $9.50 a share. Look at the history of crude prices over the years and compare to WTI (W&T) historical stock prices near that time as well.
Here are some of the links that I use:

https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti#1

https://www.indexmundi.com/commodities/?commodity=crude-oil&months=60

https://finance.yahoo.com/quote/WTI/history?p=WTI

I used this info in 2018 and tripled my money!

WTI all the way to the moon

5-6-21 Financials:
https://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=14930989-20505-25186&type=sect&TabIndex=2&dcn=0001437749-21-011071&nav=1&src=Yahoo

Lookin good here short-mid term IMO

$wti $3.79 ^ 0.17 (4.70%)
Volume: 3,538,095 @03/26/21 7:59:26 PM EDT

* * $WTI Video Chart 03-05-2021 * *

Link to Video - click here to watch the technical chart video

I'm looking for this to hit $8 by the end of the year. Oil prices could hit $80 which would bring WTI between $7 & $9. I hope everyone loaded up!

Wonderful video Clay! Thank you!

* * $WTI Video Chart 03-04-2021 * *

Link to Video - click here to watch the technical chart video

He seems to be owned by Big Oil and Wall Street , and shakes off anything the Progressives put forward. So I would say no on both

Will Biden kill oil prices? Will Biden kill the stock market with taxation?

$wti $3.32 ? 0.0 (0.00%)
Volume: 4,038,357 @02/26/21 7:55:23 PM EST

$wti $2.81 ^ 0.14 (5.24%)
Volume: 4,727,588 @02/05/21 7:59:27 PM EST

15.5% short interest. Market valuation $6.51/share.

$wti $2.3 v -0.08 (-3.36%)
Volume: 3,354,987 @01/21/21 7:51:27 PM EST

Oil broke the 50.00 barrel price, thinking might go 60.00-75.00 by end of summer. I have been adding more here. :)



$WTI

your shark and my rocket may get this to 10 soon !!! 2008 58.59 was the daily high point when oil hit 140

Should Run Big

Adding while its cheap IMO




$WTI

$wti $2.23 v -0.1 (-4.29%)
Volume: 3,241,547 @12/22/20 7:00:00 PM EST

WTI news: W&T Offshore Provides Operational Update and Increases Production Guidance for the Fourth Quarter of 2020
December 08 2020 - 06:01PM
GlobeNewswire Inc.
Alert
Print
Share On Facebook

W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today provided an operational update regarding fourth quarter 2020 production. The Company said that it has recently restored the vast majority of production that was shut-in due to the series of storms in the Gulf of Mexico and has also restored production at the Magnolia field that was offline due to extended downtime at a third-party operated platform downstream from that field. W&T now expects its fourth quarter production to average between 34,700 and 36,900 barrels of oil equivalent per day (“Boe/d”) of which 34% is estimated to be oil, 11% natural gas liquids, and the balance natural gas. Previously the Company had estimated its fourth quarter production would average 31,500 to 35,000 Boe/d.
Tracy W. Krohn, W&T’s Chairman and Chief Executive Officer commented, “This year has been an extraordinary one, from a worldwide pandemic to a record-breaking number of hurricanes, but through it all our team has remained focused on operational excellence and maximizing our free cash flow generation. The operations team has done an outstanding job restoring production in the fourth quarter faster than anticipated and, as a result, we are increasing our fourth quarter production midpoint from 33,250 Boe/d to 35,800 Boe/d. The timing couldn’t have been better with the recent uptick in oil pricing and we are well positioned to end the year on a positive note. We look to carry this momentum into 2021 and we firmly believe that we are well-positioned to deliver strong value creation for our shareholders.”

About W&T Offshore

W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of Mexico and has grown through acquisitions, exploration and development. The Company currently has working interests in 50 producing fields in federal and state waters and has under lease approximately 772,000 gross acres, including approximately 557,000 gross acres on the Gulf of Mexico Shelf and approximately 215,000 gross acres in the Gulf of Mexico deepwater. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

CONTACT: Al Petrie Janet Yang
Investor Relations Coordinator EVP & CFO
apetrie@wtoffshore.com investorrelations@wtoffshore.com
713-297-8024 713-624-7326



$WTI

Chart is building nice and steady





$WTI

still getting beat up needs a shark on its side to jump up to 3-4

$wti $2.13 ? 0.0 (0.00%)
Volume: 2,109,739 @11/27/20 5:00:00 PM EST