Alert: Rating Downgrade (12/1/23)-W&T Offshore Inc (NYSE: WTI).


Stock Rating Downgrade

In recent days the Value Trend Rating for W&T Offshore Inc (NYSE: WTI) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

On 12/1/23, W&T Offshore Inc (NYSE: WTI) stock declined slightly by -0.9%, closing at $3.31. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -4.6% during the last week.

Current PriceTarget Research Rating

WTI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

W&T Offshore has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. W&T Offshore has a very high Appreciation Score of 94 but a poor Power Rating of 29, and the High Neutral Value Trend Rating results.

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