W&T Offshore Inc. s shares traded 17% higher after the oil and gas producer reported Q2/22 financial results featuring a 106% YoY increase in revenue. The company noted it has been successful in increasing its proven reserves, reducing net debt levels, and is continuing to focus on generating free cash flow for shareholders.
W&T Offshore (NYSE:WTI – Get Rating) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. Separately, Roth Capital reiterated a “buy” rating on shares of W&T Offshore in a research note on Tuesday, March 1st. Shares of NYSE WTI […]