W&T Offshore(WTI)

Search documents
W&T Offshore Announces Management Promotion
Newsfilter· 2025-03-25 20:45
Core Viewpoint - W&T Offshore, Inc. has promoted Huan Gamblin to Executive Vice President and Chief Technical Officer, highlighting his extensive experience and contributions to the company's acquisitions strategy [2][4]. Company Overview - W&T Offshore, Inc. is an independent oil and natural gas producer operating in the Gulf of America, with a focus on growth through acquisitions, exploration, and development [4]. - As of December 31, 2024, the company had working interests in 52 fields, including 45 in federal waters and 7 in state waters [4]. - The company holds approximately 646,200 gross acres (502,300 net acres) across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama [4]. Leadership Changes - Huan Gamblin joined W&T in 2020 and has held various positions, including Manager of Acquisition and Divesture and Vice President of Business Development [2]. - His promotion to Executive Vice President and Chief Technical Officer is seen as a significant step in enhancing the executive leadership team [2]. Experience and Background - Mr. Gamblin has over 20 years of experience in the energy industry, including roles at Occidental Petroleum and Anadarko Petroleum [2][3]. - He graduated from the University of Texas with a bachelor's degree in Petroleum Engineering [3].
W&T Offshore Announces Management Promotion
GlobeNewswire· 2025-03-25 20:45
Company Announcement - W&T Offshore, Inc. has promoted Huan Gamblin to Executive Vice President and Chief Technical Officer, effective March 2025 [1][2] - Huan Gamblin has over 20 years of experience in the energy industry and has been with W&T since 2020, previously serving as Manager of Acquisition and Divesture and Vice President of Business Development [2][3] Leadership Insights - Tracy W. Krohn, Chairman and CEO, expressed confidence in Gamblin's capabilities, highlighting his instrumental role in the company's acquisitions strategy and his extensive industry experience [2] - The promotion is seen as a significant addition to the executive leadership team, with expectations for continued contributions to the company's success as a leading operator in the Gulf of America [2] Company Profile - W&T Offshore is an independent oil and natural gas producer with operations in the Gulf of America, having grown through acquisitions, exploration, and development [4] - As of December 31, 2024, the company had working interests in 52 fields, including 45 in federal waters and 7 in state waters, and leases approximately 646,200 gross acres [4]
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Russia And Ukraine Agree To Ceasefire In Black Sea
FX Empire· 2025-03-25 18:49
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, publications, and personal analysis intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].
WTI Crude Rises for Fifth Day as Venezuela Tariffs Spark Global Supply Concerns
FX Empire· 2025-03-25 09:43
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Trump Plans To Cut Venezuelan Exports
FX Empire· 2025-03-24 18:42
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about high-risk financial instruments, including cryptocurrencies and CFDs, which may lead to significant financial losses [1]. - It highlights the complexity of these instruments and the necessity for users to understand them fully before investing [1]. - The content warns that the information may not be real-time or accurate, and prices may be provided by market makers rather than exchanges [1].
All You Need to Know About W&T (WTI) Rating Upgrade to Buy
ZACKS· 2025-03-24 17:00
Core Viewpoint - W&T Offshore (WTI) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - For the fiscal year ending December 2025, W&T is expected to earn -$0.42 per share, reflecting an 8.7% change from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for W&T has increased by 5.7%, indicating a positive trend in earnings outlook [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, highlighting superior earnings estimate revisions [9][10]. - The upgrade of W&T to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Oil News: WTI Futures Near Breakout as Iran Sanctions Lift Bullish Crude Outlook
FX Empire· 2025-03-22 09:49
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as recommendations or advice for any financial actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to assess their own circumstances [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research and understand the risks involved before investing in any financial instruments [1].
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Stay Bullish
FX Empire· 2025-03-21 18:02
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. Imposes New Iran-Related Sanctions
FX Empire· 2025-03-20 18:39
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders React To EIA Report
FX Empire· 2025-03-19 18:51
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about high-risk financial instruments, including cryptocurrencies and CFDs, which are complex and can lead to significant financial losses [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1]. - The content may not be provided in real-time and may not be accurate, highlighting the need for caution [1].