5 Dirt Cheap Stocks To Buy

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

Latest P/E Ratio: 9.54

Latest Share Price: $4.39

W&T Offshore, Inc. (NYSE:WTI) is an American company headquartered in Houston, Texas. Despite a mixed bag of earnings performance this year, the firm’s shares are rated Strong Buy on average and the shares are down 16% year to date. More than 80% of its shares are owned by either insiders or institutional investors, making the share price susceptible to sharp movements.

After scouring through 910 hedge funds for their second quarter of 2023 investments, Insider Monkey discovered that 18 had invested in the company. W&T Offshore, Inc. (NYSE:WTI)’s largest hedge fund shareholder is Joe Huber’s Huber Capital Management through a $8.6 million investment.

Follow W&T Offshore Inc (NYSE:WTI)