W&T Offshore Inc

Despite the emerging medium-term uptrend in the Most Shorted Stocks theme, price is consolidating around key EMAs and the 50-day SMA. We prefer to defer execution and stalk pullbacks into the 9–20-day EMA zone or 50-day SMA in alignment with the advancing regime.

• ↑Q1 2026 production at 36,200 BOE/d, adjusted EBITDA $55 M, free cash flow $21 M
• ↑Liquidity of $175 M supports low-risk, accretive asset acquisitions
• ↓Profitability factors remain weak, raising valuation concerns