Shares of the newly public offshore exploration company W&T Offshore(WTI Quote) jumped more than 5% Tuesday, despite posting only slightly higher earnings for the first quarter and a slip in its production forecast for the second quarter. Shares later in the day rose 60 cents, or 2.86%, to $21.60.
Shares of major oil producers slumped in late Tuesday trading, as the Amex Oil Index dropped 1.56%. Exxon Mobil(XOM Quote) fell 1.42%; ChevronTexaco(CVX Quote) fell 1.03%; ConocoPhillips lost 1.79%; Royal Dutch/Shell(RD Quote) decreased 1.26%; and BP(BP Quote) fell 0.81%.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
Oil *
75.55
|
|
UP
73.00
|
UP
6.24
|
UP
18.86
|
DOWN
0.17
|
10 Yr
3.43%
SPDR Gold
109.74
|
|
+0.72%
|
+0.57%
|
+0.88%
|
-0.49%
|
Data delayed 20 minutes |














