What to do with WTI shares?
They could do buy out, or push for a merger, or something like that, either way, even if they just keep buying shares, it's good for wti share holders. It’s to 12 this year EASY!
Why has WTI never been above $5?
Simple reason why $WTI's never been above $5 in a long time is because of repeated dilution the CEO did time and time again. That and the nearly billion in debt makes this a dinosaur of the oil ages! Avoidable at least until debt has been repaid, and FCF improves or both.
Why is Black Rock buying WTI shares?
Seems like, a big move being set up. Black rock build up their stake on the cheap, and they like the management, and have other assets in the gulf, and have billions to work with. They could do buy out, or push for a merger, or something like that, either way, even if they just keep buying shares, it's good for wti share holders.
Is WTII soon to be OTC Pink?
WTII Soon to be OTC PINK The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Long term indicators fully support a continuation of the trend.
Is WTI a good stock to buy?
Is W&T OFFSHORE Stock a good buy in 2022, according to Wall Street analysts? The consensus among 2 Wall Street analysts covering (NYSE: WTI) stock is to Strong Buy WTI stock.
What is the WTI in the stock market?
What Is West Texas Intermediate (WTI)? WTI is the underlying commodity of the New York Mercantile Exchange's (NYMEX) oil futures contract and is considered a high-quality oil that is easily refined.
Does WTI stock pay dividends?
W&T OFFSHORE (NYSE: WTI) does not pay a dividend.
What is a WTI future?
The WTI Futures Curve is a contractual agreement for the price of oil at a specific date in the future. The chart shows the price from 1 month (M1) to 80 months (M80) in the future. Plot the historical data regarding WTI Futures Curves by clicking “Historical Futures Curve Data”.
Can you buy WTI crude oil stock?
However, you can take speculative buying or selling positions on barrels of WTI or Brent crude oil simply by taking a position through your broker on one of the derived financial products based on the underlying crude oil price or by purchasing shares in one of the companies that exercises its activities in this sector ...
How much is oil per barrel today?
The current price of WTI crude oil as of June 22, 2022 is 106.19 per barrel.
Why is WTI cheaper than Brent?
Because of growth in U.S. oil production, there's a glut of oil supply in the U.S. midwest. So WTI now trades at a price “discount” to Brent oil. Brent and WTI set the stage for prices that Alberta producers receive for their oil products. An important benchmark price in Canada is known as Western Canada Select (WCS).
How far out do oil futures go?
nine years awayMost oil futures contracts represent the purchase and sale of 1,000 barrels of oil. When the contract is purchased, it specifies the delivery of these barrels of oil at a predetermined date (up to nine years away), or expiration date, for a predetermined price.
Which part of the US has most refining capacity?
The single largest concentration of refineries is along the Gulf Coast. Although there are refineries in 30 states, just three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18).
How much is W&T stock in 2021?
The W&T Offshore Inc stock price gained 1.59% on the last trading day (Friday, 9th Jul 2021), rising from $4.41 to $4.48. During the day the stock fluctuated 2.45% from a day low at $4.41 to a day high of $4.52. The price has fallen in 6 of the last 10 days and is down by -8.2% for this period. Volume fell on the last day by -912 thousand shares and in total, 2 million shares were bought and sold for approximately $6.94 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
What does it mean when the stock floor is broken at $3.67?
If the lower trend floor at $3.67 is broken, it will firstly indicate a slower rate of rising , but may also be an early warning for a trend shift.
