Zacks Research Reduces Earnings Estimates for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Investment analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for W&T Offshore in a research report issued to clients and investors on Monday, March 17th. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn ($0.12) per share for the quarter, down from their prior forecast of ($0.11). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.45) per share. Zacks Research also issued estimates for W&T Offshore’s Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at ($0.48) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.05) EPS and Q4 2026 earnings at ($0.04) EPS.

Separately, StockNews.com lowered shares of W&T Offshore from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th.

W&T Offshore Stock Performance

NYSE WTI opened at $1.62 on Thursday. The business’s 50 day moving average price is $1.65 and its 200-day moving average price is $1.87. W&T Offshore has a fifty-two week low of $1.30 and a fifty-two week high of $2.84. The company has a market cap of $238.43 million, a P/E ratio of -3.76 and a beta of 1.14. The company has a debt-to-equity ratio of 75.32, a quick ratio of 0.98 and a current ratio of 0.98.

W&T Offshore Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be paid 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 is Monday, March 17th. W&T Offshore’s dividend payout ratio is currently -6.78%.

Institutional Trading of W&T Offshore

A number of large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in W&T Offshore in the 4th quarter valued at about $32,000. US Bancorp DE bought a new position in W&T Offshore in the fourth quarter worth approximately $33,000. Ethic Inc. purchased a new position in W&T Offshore during the 4th quarter worth $36,000. Boothbay Fund Management LLC bought a new stake in W&T Offshore during the 4th quarter valued at $41,000. Finally, R Squared Ltd purchased a new stake in shares of W&T Offshore in the 4th quarter worth $54,000. 42.88% of the stock is owned by hedge funds and other institutional investors.

About W&T Offshore

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.