Zacks Research Forecasts Higher Earnings for W&T Offshore

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

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

W&T Offshore Price Performance

Shares of WTI opened at $1.44 on Monday. The firm has a 50-day simple moving average of $1.96 and a two-hundred day simple moving average of $2.13. The stock has a market cap of $212.20 million, a PE ratio of -3.35 and a beta of 1.35. W&T Offshore has a 1-year low of $1.33 and a 1-year high of $3.44. 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 Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WTI. CCG Wealth Management LLC acquired a new stake in W&T Offshore during the 2nd quarter worth approximately $26,000. Verum Partners LLC acquired a new stake in shares of W&T Offshore in the third quarter valued at $32,000. Caprock Group LLC purchased a new position in W&T Offshore in the second quarter valued at $34,000. Sei Investments Co. purchased a new position in W&T Offshore in the second quarter valued at $37,000. Finally, Signaturefd LLC grew its stake 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 worth $42,000 after purchasing an additional 13,161 shares in the last quarter. Hedge funds and other institutional investors own 42.88% of the company’s stock.

W&T Offshore Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 2.78%. The ex-dividend date was Thursday, November 21st. 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.