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WTI - W&T Offshore: Unique Approach To Hedging
June, 07 2022 12:13 AM
W&T Offshore Inc.
W&T Offshore is a small E&P focused on the Gulf of Mexico and run by a CEO who owns a third of outstanding shares. Despite hedging requirements from lenders, they bought a significant position in natural gas calls during 2021 to preserve upside to spot pricing. While most public E&Ps are focused on capital returns, W&T Offshore provides exposure to a company looking to grow production. For further details see:
W&T Offshore: Unique Approach To Hedging
Stock Information
Company Name:
W&T Offshore Inc.
Stock Symbol:
WTI
Market:
NYSE
Website:
wtoffshore.com
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