W&T OFFSHORE (WTI) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of W&T OFFSHORE (WTI) from UNDERPERFORM to NEUTRAL on January 31, 2013, with a target price of $18.10.

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.

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