Analyst Price Target is $8.40
▲ +35.05% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for W&T Offshore in the last 3 months. The average price target is $8.40, with a high forecast of $8.40 and a low forecast of $8.40. The average price target represents a 35.05% upside from the last price of $6.22.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in W&T Offshore. This rating has held steady since July 2021, when it changed from a Hold consensus rating.
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.