W&t Offshore Inc (WTI): Tracy W Krohn , CEO of W&t Offshore Inc purchased 1,412,660 shares on Sep 7, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.00 per share for a total value of $0.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 13, 2015, S James Nelson (director) purchased 9,000 shares at $3.70 per share price.On Sep 11, 2015, Virginia Boulet (director) purchased 12,750 shares at $3.15 per share price.Also, On Sep 9, 2015, B Frank Stanley (director) purchased 11,000 shares at $3.67 per share price.On Sep 8, 2015, Stuart B Katz (director) purchased 12,000 shares at $3.64 per share price.
Shares of W&T Offshore (WTI) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -4.07% at $1.65 with 1,179,287 shares getting traded. Post opening the session at $1.7, the shares hit an intraday low of $1.61 and an intraday high of $1.7 and the price vacillated in this range throughout the day. The company has a market cap of $126 M and the number of outstanding shares has been calculated to be 76,634,957 shares. The 52-week high of W&T Offshore is $4 and the 52-week low is $1.23.
W&T Offshore Inc. is an independent oil and natural gas producer. The Company is engaged in the exploration development and acquisition of oil and natural gas properties primarily in the Gulf of Mexico and the Permian Basin in West Texas. Its onshore activities are primarily in the Permian Basin in West Texas. The Company owns a platform in the Gulf of Mexico located in a National Marine Sanctuary. The offshore fields are found in water depths ranging from less than 10 feet up to 7200 feet. Its properties include Spraberry Field (Yellow Rose) Ship Shoal 349 Field (Mahogany) Fairway Field The Viosca Knoll 783 field Mississippi Canyon 243 Field (Matterhorn) Main Pass 108 Field Mississippi Canyon 782 Field (Dantzler) Viosca Knoll 823 Field (Virgo) East Cameron 321 and Main Pass 283.