Zacks Research Reduces Earnings Estimates for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Investment analysts at Zacks Research dropped their Q1 2025 EPS estimates for shares of W&T Offshore in a report released on Tuesday, January 28th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of ($0.16) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.50) per share. Zacks Research also issued estimates for W&T Offshore’s Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.67) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.36) EPS.

W&T Offshore (NYSE:WTI) last posted its earnings results on Thursday, November 7th. The oil and gas company reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.02. W&T Offshore had a negative return on equity of 775.16% and a negative net margin of 11.95%. The company had revenue of $121.37 million for the quarter, compared to analyst estimates of $136.01 million. During the same quarter last year, the company earned $0.01 earnings per share.

Separately, StockNews.com raised shares of W&T Offshore from a “sell” rating to a “hold” rating in a research report on Friday, December 13th.

W&T Offshore Price Performance

Shares of NYSE:WTI opened at $1.62 on Friday. The company has a debt-to-equity ratio of 75.32, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s fifty day simple moving average is $1.73 and its two-hundred day simple moving average is $2.04. W&T Offshore has a 1-year low of $1.33 and a 1-year high of $3.25.

W&T Offshore Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Thursday, November 21st. W&T Offshore’s payout ratio is -9.30%.

Institutional Trading of W&T Offshore

A number of hedge funds have recently bought and sold shares of WTI. Verum Partners LLC purchased a new stake in shares of W&T Offshore during the 3rd quarter valued at $32,000. Sei Investments Co. purchased a new stake in W&T Offshore during the second quarter worth about $37,000. R Squared Ltd bought a new stake in W&T Offshore in the fourth quarter worth about $54,000. Intech Investment Management LLC purchased a new position in W&T Offshore in the third quarter valued at about $64,000. Finally, Signaturefd LLC grew its position in shares of W&T Offshore by 86.6% during the 3rd quarter. Signaturefd LLC now owns 36,644 shares of the oil and gas company’s stock valued at $79,000 after acquiring an additional 17,004 shares during the period. 42.88% of the stock is currently owned by institutional investors.

W&T Offshore Company Profile

W&T Offshore, Inc engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.