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How to Buy W&T Offshore Stock

W&T Offshore Inc

W&T Offshore is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker WTI on the NYSE exchange.

W&T Offshore stock last closed at $2.31, down 0.86% from the previous day, and has decreased 41.37% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.69 percentage points. W&T Offshore stock is currently +5.48% from its 52-week low of $2.19, and -48.72% from its 52-week high of $4.51.

At the moment, there are 146.86M shares of WTI outstanding. The market cap of WTI is $339.24M. In the past 24 hours, 1.3M WTI shares were traded.

How to Buy W&T Offshore Stock

Wondering how to invest in W&T Offshore stock? Here's how.
  1. Decide where to buy W&T Offshore stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy W&T Offshore stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Research W&T Offshore stock: The W&T Offshore ticker symbol is WTI. Is W&T Offshore stock a good investment? Should you buy shares of WTI? How do WTI's underlying business fundamentals look? Do top analysts think W&T Offshore is a good buy? Why has WTI's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if WTI is a good stock to buy).
  5. Execute your WTI purchase: Decide if you will purchase WTI shares at the current market price or use a limit order to buy WTI stock at a specific price.
  6. Get key alerts regarding your investment in WTI: Create a watchlist to monitor your position in W&T Offshore shares.

Step 1: Decide where to buy W&T Offshore stock

You need a brokerage account in order to access the NYSE market and buy WTI stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy WTI stock today.

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  2. Provide your personal details to start a new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've opened your account on the best app for stock investing, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of depositing money into your new brokerage account.

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Step 4: Research W&T Offshore stock

Once you have identified the best place to buy W&T Offshore stock, it's critical to analyze their stock prior to investing, so you truly understand the risk and upside.

W&T Offshore shares at a glance

WTI Price
$2.31
1w %
-2.94%
1y %
-41.37%
5y %
-54.17%
P/E
-15.4x
P/B
16.34x
P/S
0.63x
PEG
N/A
Revenue
$541.72M
Earnings
-$21.88M
Fore. Rev. Growth
4.58%
Fore. Earn. Growth
N/A
Market Cap
$339.24M
Next Earnings
N/A
Next Dividend
May 31, 2024

W&T Offshore Overview

WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on WTI's stock page.

What is the fair value of WTI stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge WTI's true value.

Using relative valuations measures:

  • WTI may be overvalued based on its P/B ratio of 16.34x, relative to Oil & Gas E&P industry P/B ratio of 2.02x

You can access additional valuation research on WTI's stock here.

WTI Financials at a glance

Positive Health Checks:

  • WTI has cash burn of 57636000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the WTI balance sheet.
  • WTI has $99.24M in cash and short term investments. This is sufficient to cover its annual cash burn of $57.64M.
  • Total WTI debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • WTI profit margin has gone down from 30.1% to -4% in the past year.
  • There are more long-term liabilities than short-term assets on the WTI balance sheet.
  • WTI has a relatively high debt to equity ratio of 53.26.

Is W&T Offshore stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 sell side analysts who give recommendations on WTI, the consensus analyst rating on WTI is a Strong Buy

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the W&T Offshore stock forecast page.

WTI Technicals

SMA10
2.35
SMA20
2.35
SMA50
2.49
SMA100
2.74
SMA200
3.32
MACD
-0.05
MACD Signal
-0.06
MACD Histogram
0.01
RSI
41.8
Stochastic %K
54.02
Stochastic %D
62.22
StochRSI %K
79.57
StochRSI %D
87.75

WTI Growth Metrics

Last year, WTI revenue was $541.72M. During the last five year, WTI's revenue has gone up by -0.75% per year. This was slower than the Oil & Gas E&P industry average of 18.81%.

Dig into WTI's earnings and revenue performance here.

Who is buying/selling WTI?

Over the past year, insiders at WTI have sold more shares than they have bought.

Jonathan Charles Curth, EVPGen CounselCorp Secretary of WTI, was the latest WTI insider to sell. They sold $5,639.80 worth of WTI stock on Jan 1, 2024.

Research more about who owns WTI shares here.

Does WTI stock generate passive income?

W&T Offshore pays a dividend of 0.87%, compared to the Oil & Gas E&P industry's average dividend yield of 3.53%. If you owned $1,000 of WTI stock, you would have been paid $8.66 in the past year.

W&T Offshore dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about W&T Offshore dividend yield and history here.

WTI Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your WTI purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Get key alerts regarding your investment in WTI

Now that you own some WTI stock, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to monitor your WTI stock.

WTI Feed

How to Buy Stock in W&T Offshore

To summarize, here are the 6 steps you need to take to buy W&T Offshore stock right now:

  1. Decide where to buy W&T Offshore stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Research W&T Offshore stock
  5. Execute your WTI purchase
  6. Get key alerts regarding your investment in WTI

If you require a place to buy stocks, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in W&T Offshore, click the button below.

NYSE: WTI
$2.31-0.02 (-0.86%)
Updated May 16, 2024
Open eToro Account
NYSE: WTI
$2.31-0.02 (-0.86%)
Updated May 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one W&T Offshore share?

As of May 16, 2024, it costs $2.31 to buy one share of W&T Offshore stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.433 shares of WTI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy W&T Offshore stock?

According to 1 Wall Street analysts who monitor W&T Offshore, their consensus recommendation is to buy W&T Offshore stock.

What is the best way to buy W&T Offshore stock?

One way to place an order for W&T Offshore stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.