Almost 2 Years Ago
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WTI is making big moves today. Find out why the stock is trading 21% higher:



Shares of W&T Offshore (WTI) are trading 21% higher at a price of $5.56 at the time of this writing. The energy producer is continuing a multi-day price move upwards and it's a top mover among it's peers in another upbeat day for the Energy sector. 

The price is moving on a strong earnings report. WTI beat revenue expectations by a roughly 45 million and reported an EPS of $1.32.

W&T Offshore has been trading between a 52-week high of $9.01 and a 52-week low of $2.64. The stock has a market cap of $795 Million.

W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of Mexico and has grown through acquisitions, exploration and development. The Company currently has working interests in 43 producing fields in federal and state waters and has under lease approximately 737,000 gross acres, including approximately 527,000 gross acres on the Gulf of Mexico Shelf and approximately 210,000 gross acres in the Gulf of Mexico deepwater.

Here's a few choice comments from the Reddit Traderverse™:

VisualMod - 1 upvotes - source
>Energy update: Oil - WTI (undated) 91.08 +0.98% Oil - Brent (undated) 97.15 +1.14% Natural Gas 7.688 +1.52% Heating Oil 3.2923 +3.81% Gasoline 2.8413 +1.37% London Gas Oil 993 +4.55% Carbon Emissions 8494 +1.35% \#Oil \#Brent \#WTI \#OOTT ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2022-08-09 ^07:01:19 ^EDT-0400