W&T Offshore, Inc. (WTI) News
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WTI News Highlights
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Latest WTI News From Around the Web
Below are the latest news stories about W&T OFFSHORE INC that investors may wish to consider to help them evaluate WTI as an investment opportunity.
W&T Offshore intends to raise $350M in senior second lien notesMore on W&T Offshore |
W&T Offshore Secures Settlement and Strategic Asset SaleAn announcement from W&T Offshore ( (WTI) ) is now available. W&T Offshore announced a $58.5 million insurance settlement for a casualty loss at its Mobile Bay 78-1 well. The company is making strategic moves by selling a non-core interest in Garden Banks Blocks 385 and 386 for $12.3 million and plans to bring the West Delta 73 and Main Pass 108 and 98 fields back online by mid-2025. Despite a recent Presidential ban on new offshore drilling, W&T does not anticipate any impact on its operations. |
W&T Offshore to Receive $58.5 Million Cash Insurance Settlement; Plans Field Restarts in Q2W&T Offshore (WTI) said Wednesday it is set to receive a $58.5 million cash insurance settlement in |
W&T Offshore Provides Updates on Recent DevelopmentsHOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today provided operational and financial updates on recent developments. Recently signed a purchase and sale agreement (“PSA”) to sell a non-core interest in Garden Banks Blocks 385 and 386 which included latest net production of approximately 195 barrels of oil equivalent per day (“Boe/d”) (72% oil) for $12.3 million;Announces that the West Delta 73 field, which W&T acquired in January 2024, is ex |
W&T Offshore (NYSE:WTI) shareholders have endured a 73% loss from investing in the stock five years agoSome stocks are best avoided. We don't wish catastrophic capital loss on anyone. Anyone who held W&T Offshore, Inc... |
Texas Oil Company Asks Federal Court to Stop Insurance Companies’ $250 Million Demand for Additional CollateralHOUSTON, December 11, 2024--An independent Texas oil and gas producer is striking back against a group of insurance companies, which collectively are seeking $250 million in collateral beyond what the oil company has already contracted for bonds backing its production activities. |
W&T Offshore, Inc. (WTI): Analysts Are Bullish On This Oil and Gas Stock NowWe recently compiled a list of the Top 10 Oil and Gas Stocks To Buy According to Analysts. In this article, we are going to take a look at where W&T Offshore, Inc. (NYSE:WTI) stands against the other oil and gas stocks to buy. While renewable energy sources garner increasing attention, the demand for oil and […] |
W&T Offshore (NYSE:WTI) Will Pay A Dividend Of $0.01W&T Offshore, Inc. ( NYSE:WTI ) will pay a dividend of $0.01 on the 29th of November. This payment means the dividend... |
W&T Offshore Third Quarter 2024 Earnings: EPS Misses ExpectationsW&T Offshore ( NYSE:WTI ) Third Quarter 2024 Results Key Financial Results Revenue: US$121.4m (down 15% from 3Q 2023... |
Q3 2024 W&T Offshore Inc Earnings CallQ3 2024 W&T Offshore Inc Earnings Call |