W&T Offshore, Inc.
Market Cap
600M
Short interest (May 15)
13.1%
Net Short (Jun 03 ): -0.2%
Borrow Fee
0.26%
↓ 65.5%
Available Shares
2M
↑ 178.1%
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Company Overview
W&T Offshore Inc is an an independent oil, NGL and natural gas producer with all of its operations offshore in the Gulf of America. The company is active in the exploration, development and acquisition of oil and natural gas properties. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of company's revenue, with natural gas accounting for a much smaller portion. The company has its operations in Mississippi Canyon; Ewing Bank; Ship Shoal; Garden Banks; and Mobile Bay Complex.
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