Zacks Research Raises Earnings Estimates for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for shares of W&T Offshore in a research report issued on Thursday, December 19th. Zacks Research analyst N. Banerjee now anticipates that the oil and gas company will post earnings per share of $0.00 for the quarter, up from their prior estimate of ($0.01). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.49) per share.

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

W&T Offshore Price Performance

Shares of W&T Offshore stock opened at $1.51 on Monday. The company has a market cap of $222.51 million, a PE ratio of -3.51 and a beta of 1.35. The business has a 50 day moving average of $1.95 and a 200 day moving average of $2.13. W&T Offshore has a 52 week low of $1.33 and a 52 week high of $3.44. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 75.32.

Hedge Funds Weigh In On W&T Offshore

Several large investors have recently made changes to their positions in the business. CCG Wealth Management LLC bought a new position in W&T Offshore during the 2nd quarter valued at approximately $26,000. Verum Partners LLC purchased a new stake in shares of W&T Offshore in the third quarter worth $32,000. Caprock Group LLC bought a new position in shares of W&T Offshore during the second quarter valued at $34,000. Sei Investments Co. bought a new position in W&T Offshore in the 2nd quarter worth about $37,000. Finally, Signaturefd LLC grew its position in W&T Offshore by 203.1% during the 2nd quarter. Signaturefd LLC now owns 19,640 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 13,161 shares during the last quarter. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

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 paid a $0.01 dividend. The ex-dividend date was Thursday, November 21st. This represents a $0.04 annualized dividend and a dividend yield of 2.65%. W&T Offshore’s payout ratio is -9.30%.

About W&T Offshore

W&T Offshore, Inc, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc was founded in 1983 and is headquartered in Houston, Texas.