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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 https://www.fx770.net/ $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 Announces Timing of First Quarter 2023 Earnings Release and Conference Call

This puts Tracy W. Krohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at W&T Offshore to a friend. W&T Offshore declared a quarterly dividend on Tuesday, March 5th.

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 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.

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.

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.

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.

W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 259

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.

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.

1. Read on to learn more about the live crude oil price you see historically, or on active trading days.
2. Extraction costs are typically higher for new resources, meaning these oils are only competitive in lower-supply, high-price environments.
3. 15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com.
4. This represents a $0.04 annualized dividend and a yield of 1.59%.
5. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

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.

W&T Offshore Consensus Analyst Rating and Stock Price Forecast (

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.

W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. W&T Offshore’s stock was trading at $3.26 at the start of the year. Since then, WTI stock has decreased by 23.0% and is now trading at $2.51. Sign-up to receive the latest news and ratings for W&T Offshore and its competitors with MarketBeat’s FREE daily newsletter. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

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