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W&T Offshore (WTI) Catches Eye: Stock Jumps 6.6%

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W&T Offshore, Inc. WTI was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $1.09–$2.00 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen mixed estimate revision in the past month of one increase and one decrease while its Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 

W&T Offshore currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

W&T Offshore, Inc. Price

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