Key Developments: W&T Offshore Inc (WTI)

WTI on New York Consolidated

14.59USD
28 Aug 2014
Price Change (% chg)

$0.16 (+1.11%)
Prev Close
$14.43
Open
$14.47
Day's High
$14.72
Day's Low
$14.38
Volume
441,868
Avg. Vol
618,984
52-wk High
$19.88
52-wk Low
$12.77

Search Stocks

Latest Key Developments (Source: Significant Developments)

W&T Offshore Inc declares regular quarterly cash dividend
Thursday, 7 Aug 2014 07:00am EDT 

W&T Offshore Inc:Declared regular quarterly cash dividend of $0.10 per share.Dividend will be payable on Sept. 12 to shareholders of record on Aug. 22.  Full Article

W&T Offshore gives Q3 2014 production guidance; reaffirms FY 2014 production guidance
Wednesday, 6 Aug 2014 07:11pm EDT 

W&T Offshore Inc:Expects Q3 2014 production guidance to be in the range of 3.5 – 3.9 MMBoe.Expects FY 2014 production guidance to be in the range of 16.5 – 17.0 MMBoe.  Full Article

W&T Offshore announces acquisition by W & T Energy VI, LLC Of Woodside Energy's Gulf Of Mexico deepwater properties
Tuesday, 20 May 2014 05:06pm EDT 

W&T Offshore Inc:Says that its wholly owned subsidiary, W & T Energy VI, LLC (Energy VI), has completed the acquisition of exploration and production properties in the deepwater of the Gulf of Mexico from Woodside Energy (USA) Inc.Transaction includes a 20 pct non-operated working interest in the producing Neptune Field.Purchase price is $51 million.  Full Article

W&T Offshore Inc declared regular quarterly cash dividend
Wednesday, 7 May 2014 06:30am EDT 

W&T Offshore Inc:Declared regular quarterly cash dividend of $0.10 per share.Dividend will be payable on June 4.Record date on May 23.  Full Article

W&T Offshore Inc gives Q2 2014 production guidance; lowers FY 2014 production guidance
Tuesday, 6 May 2014 10:00pm EDT 

W&T Offshore Inc:Expects Q2 2014 total production of 4.1 - 4.5 (MMBoe).Expects Q2 2014 total production of 24.3 - 26.9 (Bcfe).Expects FY 2014 total production of 16.5 - 17.0 (MMBoe).Expects FY 2014 total production of 99.0 - 102.0 (Bcfe).  Full Article

W&T Offshore Inc declares regular quarterly cash dividend
Friday, 7 Mar 2014 07:00am EST 

W&T Offshore Inc:Declares regular quarterly cash dividend of $0.10 per share.Payable on March 31 to shareholders of record on March 18.  Full Article

W&T Offshore Inc gives Q1, FY 2014 production guidance
Thursday, 6 Mar 2014 05:20pm EST 

W&T Offshore Inc:Expects Q1 2014 total production of 4.3 -- 4.7 (MMBoe).Expects Q1 2014 total production of 25.7 -- 28.4 (Bcfe).Expects FY 2014 total production of 17.1 -- 18.9 (MMBoe).Expects FY 2014 total production of 102.6 -- 113.4 (Bcfe).  Full Article

W&T Offshore Inc declares special cash dividend
Tuesday, 10 Dec 2013 07:00am EST 

W&T Offshore Inc:Says declares a special cash dividend of $0.42 per share, payable to the holders of the Corporation's common shares.Says special dividend will be payable on Dec.27 to shareholders of record on Dec.23.  Full Article

W&T Offshore Inc Enters Into Fifth Amended And Restated Credit Agreement-Form 8-K
Wednesday, 13 Nov 2013 11:51am EST 

W&T Offshore Inc reported in its Form 8-K that on November 8, 2013, the Company entered into a Fifth Amended and Restated Credit Agreement among the Company as the borrower, Toronto Dominion (Texas) LLC as the administrative agent and the lenders party thereto (the Credit Agreement), providing for a revolving bank credit facility (the Revolving Bank Credit Facility) in an amount up to $1.2 billion. The Credit Agreement amended and restated the Company’s Fourth Amended and Restated Credit Agreement, which was originally entered into in May 2011, under which there were $203 million of borrowings outstanding and approximately $0.1 million of letters of credit immediately prior to the effectiveness of the Credit Agreement. Borrowings under the Revolving Bank Credit Facility are secured by the Company’s oil and natural gas properties and are guaranteed by certain of the Company’s wholly owned subsidiaries. Availability under the Revolving Bank Credit Facility is subject to a semi-annual redetermination (Spring and Fall) of the Company’s borrowing base, calculated by the lenders based on their evaluation of the Company’s proved reserves using their own internal criteria, and the Company and the lenders may each request one additional redetermination per year. The initial borrowing base of the Revolving Bank Credit Facility is $800 million. Letters of credit may be issued up to $300 million, provided availability under the Revolving Bank Credit Facility exists.  Full Article

W&T Offshore Inc Declares And Increases Regular Quarterly Cash Dividend
Thursday, 7 Nov 2013 07:30am EST 

W&T Offshore Inc announced that its Board of Directors increased the regular cash quarterly dividend from $0.09 per share to $0.10 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on December 3, 2013, to the shareholders of record on November 18, 2013.  Full Article

Search Stocks