5 Most Promising Energy Stocks According to Analysts

In this article, we will take a look at the 5 most promising energy stocks according to analysts. To see more such companies, go directly to 12 Most Promising Energy Stocks According to Analysts.

5. W&T Offshore, Inc. (NYSE:WTI)

Number of Hedge Fund Holders: 21

One-Year Average Price Target: 10.20

W&T Offshore, Inc. (NYSE:WTI) is a Texas-based independent oil and natural gas company. In January 2023, W&T Offshore, Inc. (NYSE:WTI) closed a $275 million private offering of 11.75% senior second lien notes due 2026.

At the end of the fourth quarter of 2022, 21 hedge funds had stakes in W&T Offshore, Inc. (NYSE:WTI). The biggest hedge fund stakeholder of W&T Offshore, Inc. (NYSE:WTI) was D. E. Shaw with a $12.6 million stake.