W&T Offshore (NYSE:WTI) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

W&T Offshore, Inc. (NYSE:WTI) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.28 and traded as high as $3.24. W&T Offshore shares last traded at $3.2350, with a volume of 7,600,686 shares changing hands.

W&T Offshore News Summary

Here are the key news stories impacting W&T Offshore this week:

• Positive Sentiment: Higher oil prices lift the sector — Geopolitical tension around the Strait of Hormuz has pushed crude higher (WTI testing near $94.50, Brent around $107.30), which should support revenues and cash flow for offshore producers like W&T if sustained. Natural Gas and Oil Forecast: WTI Battles Descending Channel — Is $100 the Next Stop?
• Positive Sentiment: Analyst upgrade/outperform call — A recent fresh Outperform call highlights improving analyst interest and provides a near-term positive catalyst that can attract buyers, especially given the company’s leverage to higher oil prices. WTI Stock Just Got A Fresh Outperform Call — Here’s What Stands Out
• Negative Sentiment: Zacks trimmed multiple EPS forecasts and keeps a Hold — Zacks Research revised several quarterly and full‑year EPS estimates (including cuts to Q2 2026 and FY2027) and retained a Hold rating. While a few quarter-level estimates were nudged higher, the net effect was downward pressure on earnings expectations, which helps explain selling despite sector strength. W&T Offshore (WTI) Marketbeat report and Zacks summary

Analyst Ratings Changes

WTI has been the topic of a number of recent analyst reports. William Blair initiated coverage on W&T Offshore in a research report on Friday, April 17th. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of W&T Offshore in a research report on Monday. Finally, Zacks Research lowered W&T Offshore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

W&T Offshore Trading Down 2.7%

The company has a market capitalization of $564.62 million, a price-to-earnings ratio of -3.76 and a beta of 0.09. The stock has a 50-day simple moving average of $2.98 and a 200-day simple moving average of $2.30.

W&T Offshore (NYSE:WTI) last issued its quarterly earnings results on Monday, March 16th. The oil and gas company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). The firm had revenue of $121.71 million during the quarter, compared to analyst estimates of $115.36 million. On average, research analysts forecast that W&T Offshore, Inc. will post -0.32 EPS for the current year.

W&T Offshore Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 19th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, March 19th. W&T Offshore’s payout ratio is -3.96%.

Institutional Investors Weigh In On W&T Offshore

Institutional investors have recently made changes to their positions in the company. Invesco Ltd. grew its stake in W&T Offshore by 1.4% during the 4th quarter. Invesco Ltd. now owns 312,081 shares of the oil and gas company’s stock worth $509,000 after buying an additional 4,241 shares during the last quarter. Octavia Wealth Advisors LLC grew its stake in W&T Offshore by 20.4% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 31,500 shares of the oil and gas company’s stock worth $57,000 after buying an additional 5,340 shares during the last quarter. Graham Capital Management L.P. grew its stake in W&T Offshore by 7.6% during the 4th quarter. Graham Capital Management L.P. now owns 87,530 shares of the oil and gas company’s stock worth $143,000 after buying an additional 6,195 shares during the last quarter. NewEdge Advisors LLC grew its stake in W&T Offshore by 21.7% during the 3rd quarter. NewEdge Advisors LLC now owns 36,610 shares of the oil and gas company’s stock worth $67,000 after buying an additional 6,524 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in W&T Offshore by 42.7% during the 2nd quarter. Raymond James Financial Inc. now owns 21,957 shares of the oil and gas company’s stock worth $36,000 after buying an additional 6,569 shares during the last quarter. 42.88% of the stock is currently owned by institutional investors.

W&T Offshore Company Profile

W&T Offshore, Inc is an independent oil and gas exploration and production company focused primarily on offshore operations in the Gulf of Mexico. The company acquires, develops and produces crude oil and natural gas reserves, operating a portfolio of producing properties that encompasses both shallow-water and deepwater assets. W&T Offshore leverages its technical expertise and asset management capabilities to optimize field development and production efficiency across its portfolio.

Founded in 1983 and headquartered in Covington, Louisiana, W&T Offshore has built a track record of disciplined growth through strategic acquisitions and targeted exploration activities.