Goldman Sachs Reports 3.4% Stake in W & T Offshore
The Goldman Sachs Group, Inc. and its subsidiary, Goldman Sachs & Co. LLC, have reported beneficial ownership of 3.4% of W & T Offshore, Inc.'s common stock in a recent filing with the SEC.
According to the Schedule 13G/A amendment, the two entities share voting and dispositive power over 5,129,525.06 shares of W & T Offshore common stock. This means that Goldman Sachs has significant influence over the company's decisions but does not have sole control.
The filing confirms that Goldman Sachs' ownership is below the 5% threshold, as specified in Item 5 of the document. The entities report no sole voting or dispositive power over any shares and confirm their shared authority over the reported holdings.