W&T Offshore Inc

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  • uploads///New York Fed price map
    Financials

    Market Realist Chronicles: Global investment strategy and outlook for 2014, Part 1

    At the close of December 2013, the S&P 500 was up 29.5%, the Dow Jones Industrial Average (DJIA) was up 26.5%, the Nasdaq was up 38.2%, and the Russell 2000 was up 37.0%.

    By Liam Odalis
  • uploads///oil producers
    Macroeconomic Analysis

    How the Crude Oil Market Could React to the Doha Oil Producers Meeting

    A meeting of oil producers is scheduled in Doha, Qatar, for April 17. The meeting is meant to support crude prices and will focus on freezing production.

    By Gordon Kristopher
  • uploads///Distillate production
    Miscellaneous

    US Distillate Inventories Fell for the First Time in 5 Weeks

    The fall in distillate inventories supported diesel and crude oil futures on June 28, 2017. US diesel futures rose 1.4% to $1.43 per gallon on June 28.

    By Gordon Kristopher
  • uploads///OPEC spare
    Energy & Utilities

    OPEC’s Spare Crude Oil Production Capacity near 7-Month High

    The EIA estimated that OPEC’s spare crude oil production capacity increased by 60,000 bpd (barrels per day), or 2.8%, to 2.1 MMbpd (million barrels per day) in November 2017 compared with the previous month.

    By Gordon Kristopher
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    Energy & Utilities

    OPEC Mania Is Back: Will Crude Oil Soar?

    US crude oil rose on November 18 due to the market’s belief that OPEC (Organization of the Petroleum Exporting Countries) members might cut their output.

    By Rabindra Samanta
  • uploads///Loser
    Energy & Utilities

    Weakest Upstream Stocks in the Week Ending October 5

    Ring Energy (REI) was the weakest upstream stock in the week ending October 5. Ring Energy fell 17.4% last week.

    By Kurt Gallon
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    Energy & Utilities

    Large build in oil inventories bearish signal as a decrease had been predicted

    Last week, oil inventories increased significantly while experts had predicted a decrease. This resulted in a bearish signal for oil prices, though the commodity traded up on the day on separate news.

    By Ingrid Pan
  • uploads///Airlines
    Company & Industry Overviews

    Airline Stocks in Focus as US Airstrike Lifts Oil Prices

    The US airline stocks are in focus as crude oil prices soar after the US assassinated a top Iranian military commander last Thursday night.

    By Anirudha Bhagat
  • uploads///OPEC spare
    Energy & Utilities

    How OPEC’s Spare Crude Oil Production Capacity Is Recovering

    The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.

    By Gordon Kristopher
  • uploads///Oil stocks
    Energy & Utilities

    Q4 Wrap-Up of Oil Stocks XOM, CVX, RDS.A, BP

    Oil stocks like ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) saw mixed performance in the fourth quarter of 2019.

    By Maitali Ramkumar
  • uploads///AdobeStock_
    Energy & Utilities

    Hess Corp: Performance, Holdings, and Analysts’ Views

    On Friday, Hess Corp (HES) fell 3.8%, while crude oil prices fell 1.4%. Trade deal-related concerns could be behind oil prices’ decline.

    By Rabindra Samanta
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    Energy & Utilities

    All oil is not created equal – why differences in crude matter (part II)

    Differences in crude’s density, sulfur content, and production location can vastly affect the price which it commands on the market.

    By Ingrid Pan
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    Energy & Utilities

    Oil rigs up over 7% on the year, signaling positive sentiment

    Oil rig counts continued to climb last week and are up 7% on the year, signaling that operators are positive about the domestic oil drilling and price environment.

    By Ingrid Pan
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    Energy & Utilities

    Midland-WTI remains tight, closing last week at $0.15/barrel

    Spreads between Midland crude and WTI crude have remained tight, which is a positive for Permian producers.

    By Ingrid Pan
  • uploads///DXY
    Energy & Utilities

    US Dollar Hit a 3-Year Low: Good News for Crude Oil?

    The US Dollar Index (UUP) fell 0.64% to 90.39 on January 16, 2018—the lowest level since December 2014.

    By Gordon Kristopher
  • uploads///India oil demand
    Miscellaneous

    India’s Crude Oil Imports Hit a Record in 2017

    India is the world’s third-largest crude oil consumer. Its oil imports hit a record in 2017. India’s crude oil imports rose 1.8% to 4.3 MMbpd in 2017.

    By Gordon Kristopher
  • uploads///AdobeStock_
    Energy & Utilities

    Where Oil Could Head after Attacks on Saudi Arabia

    On September 14, drones attacked Saudi Arabia Aramco’s oil-infrastructure. Saudi Arabia’s oil production has fallen by 50%.

    By Rabindra Samanta
  • uploads///HFc stock
    Company & Industry Overviews

    HFC Stock Continues Climb Past 44% YoY Rise

    HollyFrontier (HFC) stock rose 4.9% on August 1, its earnings release day, despite the fall in the oil prices, equity market, and peers.

    By Maitali Ramkumar
  • uploads///Energy MWU_ UPSTREAM Losers
    Energy & Utilities

    Upstream Losses This Week: LGCY, HK, WTI, SN, and XEC

    In the week starting July 2, Legacy Reserves (LGCY) decreased from $6.90 to $6.22, a fall of almost 9.9%.

    By Nicholas Chapman
  • uploads///Energy Sector Q YTD Analysts
    Miscellaneous

    What Are Wall Street’s Targets for WTI, CRC, DNR, WLL, and OAS?

    To conclude our overview of the biggest movers in the upstream and oilfield services sector, we’ll discuss Wall Street analysts’ recommendations for the companies with the strongest gains in 2018.

    By Nicholas Chapman
  • uploads///Energy Sector Q YTD F
    Company & Industry Overviews

    Are Hedge Funds Buying WTI, CRC, DNR, WLL, and OAS?

    In Q1 2018, 12 hedge funds bought W&T Offshore (WTI) stock, and 23 hedge funds sold WTI stock.

    By Nicholas Chapman
  • uploads///APC Upstream YTD Q Analysts Best
    Energy & Utilities

    Wall Street’s Targets for the Best-Performing Upstream Stocks

    We’ll now look at Wall Street’s recommendations for the leading gainers in 2018 from the US oil and gas production, or upstream, sector.

    By Nicholas Chapman
  • uploads///Gasoline inventories
    Energy & Utilities

    US Gasoline Inventories Could Pressure Crude Oil Prices

    The EIA estimated that US gasoline inventories increased by 4.8 MMbbls (million barrels) or 2.1% to 233.1 MMbbls on December 22–29, 2017.

    By Gordon Kristopher
  • uploads///Energy MWU_ UPSTREAM Gainers
    Energy & Utilities

    Northern Oil and Gas Leads Upstream Gainers This Week

    In the week starting January 1, Northern Oil and Gas (NOG) increased from last week’s close of $2.05 to $2.54 on January 2, a significant increase of ~24%.

    By Nicholas Chapman
  • uploads///WTI Q Post Price
    Energy & Utilities

    Will W&T Offshore’s Stock Rally Resume?

    So far in 2H17, W&T Offshore (WTI) stock price rose from $1.96 at the end of June 2017 to $3.15 as of November 16 – a very strong rise of ~61%.

    By Nicholas Chapman
  • uploads///Energy MWU_ UPSTREAM Gainers
    Basic Materials

    Upstream Gainers This Week: Denbury Resources Leads

    In the week starting October 2, 2017, Denbury Resources (DNR) has risen from its last week’s close of $1.34 to $1.46 on October 3, a significant rise of ~9.0%.

    By Nicholas Chapman
  • uploads///WTI WU Correlation
    Energy & Utilities

    What Really Moved W&T Offshore Stock Last Week?

    W&T Offshore (WTI) stock rose ~7% last week (ended September 29), while crude oil and the SPDR S&P 500 ETF (SPY) rose ~2% and ~0.7%, respectively.

    By Nicholas Chapman
  • uploads///Energy WU_ UPSTREAM Gainers
    Energy & Utilities

    Upstream Gainers This Week: Jones Energy Leads the Pack

    So far this week, Jones Energy (JONE) has risen the most among upstream gainers, marking a significant increase of ~22%.

    By Nicholas Chapman
  • uploads///WTI Q Price
    Energy & Utilities

    Why W&T Offshore Stock Is Outperforming the Upstream Sector

    So far in September 2017, W&T Offshore (WTI) stock has risen from $1.91 at the end of August to $2.57 as of September 19, 2017, a ~35.0% rise.

    By Nicholas Chapman
  • uploads///Distillate inventory
    Energy & Utilities

    US Distillate Inventories Rise for a Third Week

    US distillate inventories  On August 30, 2017, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. The EIA estimates that US distillate inventories rose by 0.5% to 149.1 MMbbls (million barrels) between August 18 and 25, 2017. Inventories fell by 5.6 MMbbls, or 3.6%, from the same period in 2016. Inventories […]

    By Gordon Kristopher
  • uploads///COP Q Short Interest
    Company & Industry Overviews

    Who’s Shorting COP: Reading the Short Interest in ConocoPhillips’s Stock

    Short interest in COP On August 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~33.4 million, while its average daily volume was ~8.02 million. This means the short interest ratio for COP’s stock was ~4.6x. COP’s average daily volume is calculated for the short interest reporting period from August 1, 2017, […]

    By Nicholas Chapman
  • uploads///SWN WU_ Short Interest
    Company & Industry Overviews

    Analyzing the Short Interest in Southwestern Energy Stock

    As of August 14, Southwestern Energy’s total shares shorted (or short interest) stood at ~45.89 million, while its average daily volume is ~17.44 million.

    By Nicholas Chapman
  • uploads///MRO WU_ Short Interest
    Company & Industry Overviews

    Short Interest in Marathon Oil Stock Remains at Lower Levels

    As of August 14, 2017, Marathon Oil’s total shares shorted (or short interest) stood at ~36.65 million, while its average daily volume is ~15.94 million.

    By Nicholas Chapman
  • uploads///OXY WU_ Short Interest
    Company & Industry Overviews

    Short Sellers and Occidental Petroleum Stock

    As of July 31, 2017, Occidental’s (OXY) total shares shorted (or short interest) stood at ~10.15 million, while its average daily volume was ~4.83 million.

    By Nicholas Chapman
  • uploads///CRC Q Post Short Interest
    Company & Industry Overviews

    Analyzing Short Interest in California Resources Stock

    As of July 31, 2017, California Resources’ (CRC) total shares shorted (or short interest) stood at ~16.3 million.

    By Nicholas Chapman
  • uploads///DNR Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Denbury Resources Stock

    Denbury Resources’ short interest ratio has a 52-week high of ~12.3x and a 52-week low of 5.8x.

    By Nicholas Chapman
  • uploads///SWN Q Post Short Interest
    Earnings Report

    What’s the Short Interest in Southwestern Energy Stock?

    As of July 14, 2017, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~49.5 million, whereas its average daily volume was ~18.4 million.

    By Nicholas Chapman
  • uploads///CIE Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Cobalt International Energy’s Stock

    As of July 14, 2017, Cobalt International Energy’s (CIE) total shares shorted (or short interest) was 4.37 million, whereas its average daily volume is 1.03 million.

    By Nicholas Chapman
  • uploads///OXY Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Occidental Petroleum Stock

    On July 14, 2017, Occidental Petroleum’s (OXY) total shares shorted (or short interest) stood at ~10.9 million, and its average daily volume was ~4.8 million.

    By Nicholas Chapman
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    Energy & Utilities

    Chart of the Week: What’s the Short Interest in Devon Energy?

    As of July 14, 2017, short interest in Devon Energy (DVN) is ~11.3 million shares, while its average daily volume is ~6.2 million shares.

    By Rabindra Samanta
  • uploads///DVN Q Post Short Interest
    Earnings Report

    Short Interest in Devon Energy Stock

    As of July 14, 2017, Devon Energy’s (DVN) short interest stood at ~11.31 million, while its average daily volume is ~6.21 million.

    By Nicholas Chapman
  • uploads///COP Q Post Short Interest
    Earnings Report

    Analyzing Short Interest Trends in ConocoPhillips’s Stock

    As of July 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~31.48 million, whereas its average daily volume is ~5.91 million.

    By Nicholas Chapman
  • uploads///MRO WU_ Short Interest
    Company & Industry Overviews

    What’s the Short Interest in Marathon Oil Stock?

    As of July 14, 2017, Marathon Oil’s (MRO) total shares shorted (or short interest) stood at ~51.8 million.

    By Nicholas Chapman
  • uploads///DVN Q Pre Short Interest
    Earnings Report

    Analyzing Short Interest in Devon Energy Stock

    As of June 30, 2017, Devon Energy’s (DVN) total shares shorted (or short interest) stood at ~10.4 million, whereas its average daily volume was ~5.9 million.

    By Nicholas Chapman
  • uploads///Gasoline Inventories
    Miscellaneous

    US Gasoline Inventories and Demand Impact Crude Oil

    On July 5, 2017, the API released its weekly crude oil inventory report. It estimated that gasoline inventories fell by 5.7 MMbbls on June 23–30, 2017.

    By Gordon Kristopher
  • uploads///CRC WU_ Analysts
    Miscellaneous

    What Wall Street Analysts Recommend for California Resources

    As of June 23, 2017, California Resources (CRC) has one “buy” recommendation, six “hold” recommendations, and one “sell” recommendation.

    By Nicholas Chapman
  • uploads///CIE WU_ Short Interest
    Company & Industry Overviews

    Cobalt International Energy Stock: Analyzing Short Interest

    As of May 15, 2017, the short interest ratio in Cobalt International Energy’s (CIE) stock is ~9.1x.

    By Nicholas Chapman
  • uploads///ECA Q Realized Price
    Company & Industry Overviews

    Why Encana’s 4Q16 Crude Oil Price Underperformed NYMEX Settlements

    For 4Q16, Encana’s (ECA) average realized price for natural gas (UNG) production increased ~21% to $2.58 per Mcf compared to $2.13 for the same period in 2015.

    By Nicholas Chapman
  • uploads///WTI Q Pre Revenue
    Earnings Report

    Analyzing W&T Offshore’s 4Q16 Revenue Expectations

    Revenue estimates In 4Q16, Wall Street analysts expect W&T Offshore (WTI) to report ~14% higher revenue than it did in 4Q15. Also, W&T Offshore’s 4Q16 revenue expectation is ~11% higher than its revenue in 3Q16. W&T Offshore’s 3Q16 revenue performance In 3Q16, W&T Offshore missed the revenue estimate of ~$110 million by ~2%. It reported a steep […]

    By Nicholas Chapman
  • uploads///MRO Q EV to EBITDA
    Company & Industry Overviews

    Behind Marathon Oil’s Enterprise Multiple

    As of 3Q16, MRO’s EV-to-normalized-EBITDA ratio came in around 27.4x, which was higher than its two-year average EV-to-normalized EBITDA ratio of ~15.4x.

    By Nicholas Chapman
  • uploads///COP Q EV to EBITDA
    Company & Industry Overviews

    Is ConocoPhillips an Expensive Stock?

    COP’s EV-to-adjusted EBITDA ratio has been increasing quickly since 1Q15 mainly due to the steep fall in adjusted EBITDA.

    By Nicholas Chapman
  • uploads///COP Q Hedging Effectiveness
    Company & Industry Overviews

    How Important Is ConocoPhillips’s Hedging Effectiveness?

    In 3Q16, profits on hedging activities caused ConocoPhillips’s E&P revenues to rise ~0.28%. That’s much better than the previous quarter.

    By Nicholas Chapman
  • uploads///WTI Q Production Costs
    Company & Industry Overviews

    What Were W&T Offshore’s Production Costs and Margins for 3Q16?

    Excluding hedges, in 3Q16, W&T Offshore (WTI) reported a positive cash margin but a negative total margin.

    By Nicholas Chapman
  • uploads///ANR
    Company & Industry Overviews

    What Do Analysts Forecast for Bill Barrett?

    For 4Q16, analysts have projected an average earnings estimate of -$0.10 per share for BBG.

    By Keisha Bandz
  • uploads///COP Q EV to EBITDA
    Company & Industry Overviews

    Inside ConocoPhillips’s Enterprise Multiple

    As of 2Q16, ConocoPhillips’s EV-to-adjusted-EBITDA ratio was ~17.6x, which is much higher than its five-year average ratio of ~6.3x.

    By Nicholas Chapman
  • uploads///chart
    Macroeconomic Analysis

    Why India’s Equity Market Recovered after Continuous Slides

    In this series, we’ll briefly overview the Indian equity market. Specifically, we’ll analyze trends in the Indian equity market over the past five years.

    By Pete Raine
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