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W&t Offshore, Inc. (WTI) [hlAlert]

Rating:
Underweight
WTI
up 808.02 %

W&t Offshore, Inc. (WTI) rated Underweight by JP Morgan

Posted on: Thursday,  Jan 31, 2008  8:25 AM ET by JP Morgan

JP Morgan rated Underweight W&t Offshore, Inc. (NYSE: WTI) on 01/31/2008, when the stock price was $27.15. Since
then, W&t Offshore, Inc. has lost 88.99% as of 01/19/2016's recent price of $2.99.
If you would have followed this JP Morgan's recommendation on WTI, you would have gained 808.02% of your investment in 2910 days.

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 8:25 AM Sell
None
27.15
as of 12/24/2008
1 Week down  -4.49 %
1 Month down  -48.21 %
3 Months up  24.96 %
1 YTD up  72.38 %

(*) Stock Price at the time of the recommendation.
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