what is the stock price of wti

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  1. Approximately 19.8% of the shares of the stock are sold short.
  2. From time to time new oil resources come online — like Canadian oil sands or US crude oil from oil shale — these add to the global supply.
  3. Analysts like W&T Offshore more than other Oils/Energy companies.
  4. We also explain what oil blends are (like Brent and WTI), and ways you can speculate on live crude oil spot prices without having to buy physical barrels.
  5. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

W&T Offshore saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 19,170,000 shares, an increase of 9.9% from the January 15th total of 17,450,000 shares. Based on an average trading volume https://www.wallstreetacademy.net/ of 2,830,000 shares, the short-interest ratio is presently 6.8 days. Approximately 19.8% of the shares of the stock are sold short. The real-time price of Brent crude oil is at $85.82 per barrel, and the price of WTI crude oil is at $81.13 per barrel.

As with all commodities, oil prices are driven by supply and demand. In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves located under dry land. That’s the first component of oil prices — the extraction process and machinery required. Read on to learn more about the live crude oil price you see historically, or on active trading days. This guide explains exactly what the oil spot price represents and what factors determine the constantly moving live price.

WTI Stock News Headlines

Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices. The increased focus on renewable energy is already accelerating such changes. Today’s live Brent crude oil spot price is at $81.13 per barrel. That’s up by 3.99% from the price of $78.02 per barrel one week ago.

WTI crude oil trades from Sunday through to Friday, 5 PM to 4 PM CT. If you check live prices on Saturdays, you will always see the last recorded WTI crude price from the previous Friday. We also explain what oil blends are (like Brent and WTI), and ways you can speculate on live crude oil spot prices without having to buy physical barrels. Today’s WTI crude oil spot price of $81.13 per barrel is up 3.99% compared to one week ago at $78.02 per barrel. Oil prices are typically quoted per barrel — this is the same for the Brent crude oil spot price.

what is the stock price of wti

W&T Offshore has been rated by Stifel Nicolaus in the past 90 days.

What was the price of oil one month ago?

Shareholders of record on Monday, March 18th will be paid a dividend of $0.01 per share on Monday, March 25th. This represents a $0.04 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Friday, March 15th. As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI. The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

what is the stock price of wti

Today’s Brent crude oil spot price is at $85.82 per barrel, up by 1.5% from the previous trading day. In comparison to one week ago ($82.63 per barrel), Brent oil is up 3.86%. 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for W&T Offshore in the last year. The consensus among Wall Street research analysts is that investors should “buy” WTI shares. WTI crude oil’s spot price was at $77.71 per barrel one month ago.

What was the highest ever oil price?

W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas. The highest ever historical WTI crude oil price was at $141.63 per barrel. Other significant recent historical highs include $77.74 per barrel in Jul, 2006 and $109.50 per barrel in Aug, 2013. 1 equities research analysts have issued twelve-month price objectives for W&T Offshore’s stock.

Their WTI share price targets range from $7.90 to $7.90. On average, they predict the company’s stock price to reach $7.90 in the next year. This suggests a possible upside of 214.7% from the stock’s current price. View analysts price targets for WTI or view top-rated stocks among Wall Street analysts. According to the issued ratings of 1 analysts in the last year, the consensus rating for W&T Offshore stock is Buy based on the current 1 buy rating for WTI. The average twelve-month price prediction for W&T Offshore is $7.90 with a high price target of $7.90 and a low price target of $7.90.

Oil prices are customarily quoted in dollars (USD) around the world, not only in the US or when referring to US crude oil. An easy way to get breaking news about the crude oil market is to create a Google Alert which will email you top news stories about oil as they occur. WTI crude oil also opened 2021 with an uptrend at $48.27 per barrel. WTI crude had a series of rallies and tumbles to reach a year-high price of $84.06 per barrel in late October 2021. Analysts like W&T Offshore more than other Oils/Energy companies. The consensus rating for W&T Offshore is Buy while the average consensus rating for oils/energy companies is Moderate Buy.

W&T Offshore’s stock is owned by a variety of institutional and retail investors. Insiders that own company stock include B Frank Stanley, Shahid Ghauri and Virginia Boulet. 15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among the company’s employees.

According to one analyst, the rating for WTI stock is “Strong Buy” and the 12-month stock price forecast is $7.9. According to analysts, W&T Offshore’s stock has a predicted upside of 172.41% based on their 12-month stock forecasts. Marko has been working on the road for over 5 years, and is currently based in Europe. Alongside writing and editing, Marko works on projects related to online technology and digital marketing. Extraction costs are typically higher for new resources, meaning these oils are only competitive in lower-supply, high-price environments. Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021.

Today’s live Brent crude oil spot price is at $85.82 per barrel. That’s up 3.86% from last week’s price of $82.63 per barrel. Brent crude oil trades six days a week, so based on which day you’re looking at crude oil spot prices, you may be getting the last recorded live price. At local time on Sundays for your chosen exchange, you’ll almost certainly get the last Brent crude oil spot price that the market closed with. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels. For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX.

Compared to today’s price of $81.13 per barrel, the price is up by 4.4%. Exactly one month ago, Brent crude oil’s spot price was at $82.91 per barrel. Compared to today’s price of $85.82 per barrel, the price is up 3.51%. From time to time new oil resources come online — like Canadian oil sands or US crude oil from oil shale — these add to the global supply. New sources can exert a downward force on oil prices, even in times of heavy demand. The company sells crude oil and condensate, natural gas liquids, and natural gas.