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

The share price of W&T Offshore, Inc. (NYSE:WTI) surged by 26.2% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week.

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

A drill cutting into the Earth, amidst a backdrop of oil rigs in the Gulf of Mexico.

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) continued to gain this week after the company announced that it had reached a settlement with two of its largest surety providers, resulting in the dismissal of a previously filed lawsuit and a halt on collateral demands through December 31, 2026. The agreement provides the company with predictability by securing historical premium rates for existing bonds and locking in favorable financial terms.

W&T Offshore, Inc. (NYSE:WTI) has also benefited from a sharp surge in the global price of crude oil following an ongoing conflict between Iran and Israel. The WTI crude price has risen by more than 11% over the last week and is currently hovering around the $75.7 mark.

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.