Zacks Research Lowers Earnings Estimates for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research reduced their Q1 2025 EPS estimates for shares of W&T Offshore in a research note issued to investors on Thursday, April 3rd. Zacks Research analyst R. Department now expects that the oil and gas company will earn ($0.13) per share for the quarter, down from their previous forecast of ($0.12). 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 Q3 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.44) EPS, Q1 2026 earnings at ($0.10) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.10) EPS, Q4 2026 earnings at ($0.08) EPS, FY2026 earnings at ($0.40) EPS, Q1 2027 earnings at ($0.11) EPS and FY2027 earnings at ($0.40) EPS.

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

W&T Offshore Stock Performance

NYSE WTI opened at $1.26 on Monday. W&T Offshore has a fifty-two week low of $1.17 and a fifty-two week high of $2.84. The stock has a market cap of $185.28 million, a PE ratio of -2.92 and a beta of 0.94. 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 firm’s fifty day moving average price is $1.59 and its two-hundred day moving average price is $1.82.

W&T Offshore Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 17th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.04 annualized dividend and a yield of 3.19%. W&T Offshore’s dividend payout ratio is presently -6.78%.

Hedge Funds Weigh In On W&T Offshore

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC lifted its holdings in shares of W&T Offshore by 31.2% during the fourth quarter. Millennium Management LLC now owns 2,472,996 shares of the oil and gas company’s stock worth $4,105,000 after purchasing an additional 588,106 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in W&T Offshore during the 4th quarter worth about $1,608,000. Ethic Inc. bought a new stake in shares of W&T Offshore in the 4th quarter valued at about $36,000. Brevan Howard Capital Management LP increased its stake in shares of W&T Offshore by 123.6% in the fourth quarter. Brevan Howard Capital Management LP now owns 54,309 shares of the oil and gas company’s stock valued at $90,000 after buying an additional 30,022 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of W&T Offshore by 137.4% in the fourth quarter. Bank of America Corp DE now owns 246,893 shares of the oil and gas company’s stock valued at $410,000 after buying an additional 142,899 shares during the period. 42.88% of the stock is currently owned by institutional investors and hedge funds.

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.