W&T Offshore (WTI) Soared This Week. Here is Why.

The share price of W&T Offshore, Inc. (NYSE:WTI) surged by 21.25% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.

W&T Offshore, Inc. (NYSE:WTI) is an independent oil and natural gas producer, active in the exploration, development, and acquisition of oil and natural gas in the Gulf of America.

W&T Offshore, Inc. (NYSE:WTI) remains a solid company due to its operational resilience and prudent asset management. Moreover, the company maintains a healthy balance sheet with a cash level of $106 million, enough to sustain its operations and dividend payments. The stock has also benefited from the sharp surge in the price of crude oil, which has increased by almost 18% over the last week at the time of writing this piece.

Moreover, it was announced this week that W&T Offshore, Inc. (NYSE:WTI) has appointed Mr. John D. Buchanan as Presiding Director for 2025. The industry veteran boasts over 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior service as a military officer.

While we acknowledge the potential of WTI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.