Q1 EPS Estimates for W&T Offshore Lowered by Zacks Research

W&T Offshore, Inc. (NYSE:WTI) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for W&T Offshore in a research report issued on Monday, March 17th. Zacks Research analyst R. Department now anticipates 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 downgraded W&T Offshore from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th.

W&T Offshore Trading Down 2.1 %

NYSE:WTI opened at $1.60 on Thursday. W&T Offshore has a one year low of $1.30 and a one year high of $2.84. The business has a fifty day moving average price of $1.65 and a 200-day moving average price of $1.87. The firm has a market capitalization of $235.48 million, a price-to-earnings ratio of -3.71 and a beta of 1.14. The company has a debt-to-equity ratio of 75.32, a current ratio of 0.98 and a quick ratio of 0.98.

Institutional Investors Weigh In On W&T Offshore

Several hedge funds and other institutional investors have recently modified their holdings of WTI. Intech Investment Management LLC bought a new position in W&T Offshore in the 3rd quarter worth about $64,000. FMR LLC boosted its holdings in shares of W&T Offshore by 72.1% in the third quarter. FMR LLC now owns 37,846 shares of the oil and gas company’s stock valued at $81,000 after purchasing an additional 15,852 shares during the period. BNP Paribas Financial Markets grew its stake in W&T Offshore by 307.5% in the third quarter. BNP Paribas Financial Markets now owns 138,029 shares of the oil and gas company’s stock worth $297,000 after purchasing an additional 104,156 shares in the last quarter. Barclays PLC grew its stake in W&T Offshore by 317.3% in the third quarter. Barclays PLC now owns 140,781 shares of the oil and gas company’s stock worth $303,000 after purchasing an additional 107,045 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in W&T Offshore by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,146,569 shares of the oil and gas company’s stock worth $4,616,000 after purchasing an additional 52,186 shares during the period. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

W&T Offshore Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Monday, March 17th. W&T Offshore’s dividend payout ratio (DPR) is currently -6.78%.

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.