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W&T Offshore ( (WTI) ) has issued an announcement.
On August 28, 2025, W&T Offshore, Inc. amended its At-The-Market Equity Distribution Agreement to include Virtu Americas LLC as a sales agent and remove Stifel, Nicolaus & Company, Incorporated. This amendment allows the company to offer and sell its common stock, with an aggregate gross sales price of up to $83,001,247, under a new prospectus supplement filed with the SEC, potentially impacting its market operations and stakeholder interests.
The most recent analyst rating on (WTI) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on W&T Offshore stock, see the WTI Stock Forecast page.
Spark’s Take on WTI Stock
According to Spark, TipRanks’ AI Analyst, WTI is a Neutral.
W&T Offshore’s overall stock score reflects significant financial challenges, including declining revenues and high leverage, which are partially offset by improvements in cash flow and positive corporate events. Technical indicators suggest neutral momentum, while valuation metrics highlight ongoing risks. The earnings call provided some optimism with production and EBITDA growth, but operational challenges remain.
To see Spark’s full report on WTI stock, click here.
More about W&T Offshore
W&T Offshore, Inc. is a Texas-based company operating in the oil and gas industry. The company focuses on the exploration, development, and acquisition of oil and natural gas properties primarily in the Gulf of Mexico.
Average Trading Volume: 2,182,999
Technical Sentiment Signal: Sell
Current Market Cap: $267M
For an in-depth examination of WTI stock, go to TipRanks’ Overview page.