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Fly News Breaks for March 7, 2019
WTI
Mar 7, 2019 | 16:17 EDT
Stifel analyst Michael Scialla started W&T Offshore with a Buy rating and $10 price target. As one of only two Gulf of Mexico pure plays, W&T offshore provides exposure to the strongest free cash flow and debt adjusted production growth per share profiles in the small and mid-cap Exploration and Production universe, Scialla tells investors in a research note. The analyst believes the company is well positioned to augment this growth with accretive acquisitions.
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