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Revenues increased by 58.4% to $132.828 million in the second quarter from $55.24 million a year ago and up 5.7% sequentially.
Total oil equivalent production averaged 40,888 Boepd in the second quarter of 2021. It was down 2.6% from 42.0K Boepd in the year-ago quarter and up 3% sequentially.
I'm not in favor of investing long-term in small domestic E&P companies like W&T Offshore, but I see an opportunity at the trading level.