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W&T Offshore Is Third in Terms of Total Returns

W&T Offshore Is Third in Terms of Total Returns

W&T Offshore (WTI), an exploration and production company involved in offshore drilling, has seen a strong rally since the beginning of September. The company has risen 31.2% in September. W&T Offshore’s strong rally could be attributed to the gains in crude oil prices and the recent announcement about divesting a few of its non-core assets. Overall, the company has gained ~170% in the past year.