W&T Offshore Inc. (UWV)
XSTU 
Summary
UWV Chart
WTI Price Forecast: Crude Oil Targets $100 as Bullish Momentum Builds
WTI crude oil extends its bullish reversal toward $100 resistance as moving averages and a falling wedge breakout strengthen the outlook for further gains.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Gains 3% As Rally Continues
Traders react to EIA data and focus on Middle East tensions.
Natural Gas and Oil Forecast: WTI Eyes $96.57, Can Brent Break $107 and NG Reach $3.46?
WTI holds above $93.94 as OPEC output rises and U.S. inventories tighten, while Brent targets $107.22 amid Hormuz risks and natural gas tests $3.35 resistance.
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W&T Offshore Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Tracy W. Krohn CEO | XSTU Exchange | 92922P106 CUSIP |
| US Country | 370 Employees | 19 Aug 2026 Last Dividend | - Last Split | 28 Jan 2005 IPO Date |
Overview
W&T Offshore, Inc. is an independent oil and natural gas producer primarily focused on the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. Since its founding in 1983, the company has established a significant presence in the energy sector, with operations that span across federal and state waters. With its headquarters in Houston, Texas, W&T Offshore has managed to build a substantial portfolio that, as of the end of 2021, includes working interests in 43 fields. Furthermore, the company holds under lease approximately 606,000 gross acres, comprising around 419,000 gross acres on the Gulf of Mexico Shelf and about 187,000 gross acres in the deepwaters of the Gulf of Mexico. This strategic positioning allows W&T Offshore to leverage the rich resources of the Gulf for oil and natural gas extraction, contributing to its reputation as a reliable energy provider.
Products and Services
- Crude Oil
W&T Offshore engages in the extraction and sale of crude oil, a primary energy source used worldwide. Through its exploration and development activities in the Gulf of Mexico, the company is able to supply crude oil to various markets, underscoring its role in meeting global energy demands.
- Natural Gas Liquids (NGLs)
Alongside crude oil, W&T Offshore also produces natural gas liquids. NGLs are components derived from natural gas during the processing phase, such as ethane, propane, butanes, and pentanes plus. These liquids have a wide range of uses, from serving as feedstock for petrochemical manufacturing to being used as diluents in heavy oil transportation and as components in motor gasoline.
- Natural Gas
The company's operations also encompass the production and sale of natural gas. This clean-burning fossil fuel is crucial for electricity generation, heating, and as a fuel for vehicles in its compressed form. By marketing natural gas, W&T Offshore contributes to a diverse energy mix, emphasizing the importance of natural gas in a transition to cleaner energy sources.
Contact Information
