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WTI - W&T Offshore Inc.: An Excellent Proxy For Oil
W&T Offshore Inc.
Revenues increased by 1.2% to $125.65 million in the first quarter from $124.13 million a year ago and up 32.6% sequentially.
Total oil equivalent production averaged 39,657 Boep/d in the first quarter of 2021. It was down 26% from 53.6K Boepd in the year-ago quarter and up 3.6% sequentially.
WTI is an excellent trading stock. I recommend buying WTI below $3.20.