W&T Offshore: Unlocking Value From Deleveraging
WTIW&T Offshore(WTI) Seeking Alpha·2024-11-14 22:37

The previous decade was tough for W&T Offshore (NYSE: WTI ) as they battled to deleverage whilst enduring oil prices swinging from booms to busts. After seeing their share price rally to upwards of $8 during 2022 following the Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in WTI over the next 72 hours. I wrote ...