Why These Energy Stocks are Gaining This Week

4. W&T Offshore, Inc. (NYSE:WTI)

Share Price Gains Between Oct. 3 and Oct. 10: 11.89%

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) soared after it was revealed that the company’s President and CEO, Tracy Krohn, purchased 286,842 shares worth $525,289. This investment reflects management’s confidence in the company’s future, leading to increased investor interest.

Following the recent gains, the share price of W&T Offshore, Inc. (NYSE:WTI) has jumped by almost 77% over the last six months.