W&T Offshore: A Solid Buy For Energy Exposure

WTI has a lot of room to move up, given the recent demand for Oil.
Consumers are shifting to purchase from the US and US companies.
The Market Cap of WTI is less than 1 Billion USD, making this a steal.

W&T Offshore (NYSE:WTI) is not well known like the larger Oil companies, and that’s where part of the value lies. Based in Houston, TX W&T Offshore has interests in 43 active Oil fields, and has 606,000 gross acres under lease for the purposes of Oil & Gas exploration and extraction. Their focus is on their backyard, i.e. the Gulf of Mexico on the shelf and Deepwater. Before getting into more details, let’s take a look at the basics, to use this as a baseline for a value comparison.

Read the whole article at https://seekingalpha.com/article/4563553-w-and-t-offshore-a-solid-buy-for-energy-exposure

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