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

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of W&T Offshore in a report issued on Tuesday, January 28th. Zacks Research analyst R. Department now expects that the oil and gas company will earn ($0.16) per share for the quarter, down from their previous estimate of ($0.15). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.50) per share. Zacks Research also issued estimates for W&T Offshore’s Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.67) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.36) EPS.

W&T Offshore (NYSE:WTI) last issued its quarterly earnings data on Thursday, November 7th. The oil and gas company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.02. W&T Offshore had a negative return on equity of 775.16% and a negative net margin of 11.95%. The company had revenue of $121.37 million for the quarter, compared to analyst estimates of $136.01 million. During the same quarter last year, the company posted $0.01 earnings per share.

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

W&T Offshore Stock Down 2.8 %

Shares of NYSE WTI opened at $1.57 on Friday. The business has a 50-day moving average price of $1.72 and a 200 day moving average price of $2.03. The stock has a market cap of $230.62 million, a PE ratio of -3.64 and a beta of 1.34. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 75.32. W&T Offshore has a 52-week low of $1.33 and a 52-week high of $3.25.

Hedge Funds Weigh In On W&T Offshore

Hedge funds and other institutional investors have recently bought and sold shares of the company. Verum Partners LLC acquired a new stake in shares of W&T Offshore in the 3rd quarter worth $32,000. Sei Investments Co. purchased a new stake in W&T Offshore in the 2nd quarter valued at approximately $37,000. R Squared Ltd purchased a new stake in W&T Offshore in the 4th quarter valued at approximately $54,000. Intech Investment Management LLC purchased a new position in shares of W&T Offshore during the 3rd quarter worth approximately $64,000. Finally, Signaturefd LLC lifted its holdings in shares of W&T Offshore by 86.6% in the 3rd quarter. Signaturefd LLC now owns 36,644 shares of the oil and gas company’s stock valued at $79,000 after buying an additional 17,004 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 business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were given a dividend of $0.01 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.04 dividend on an annualized basis and a yield of 2.56%. W&T Offshore’s payout ratio is -9.30%.

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.