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WTI Surges on W&T Offshore Q1 Beat: Production Growth & Cost Cuts Drive Energy Rally

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • W&T Offshore reported Q1 revenue beat of $150M (+16% YoY) with 19% production growth and improved cost efficiency.
  • Higher oil prices and operational improvements drove results, supporting positive energy sector sentiment.
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WTI price history

104.99 +74.00% over the displayed period

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