Zacks Research Forecasts Increased Earnings for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Zacks Research upped their Q1 2026 earnings per share 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 forecasts that the oil and gas company will post earnings per share of $0.00 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 upgraded shares of W&T Offshore from a “sell” rating to a “hold” rating in a research report on Friday, December 13th.

W&T Offshore Stock Performance

Shares of WTI opened at $1.44 on Monday. 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 $3.44. The stock has a 50 day moving average price of $1.96 and a 200 day moving average price of $2.13. The company has a market capitalization of $212.20 million, a price-to-earnings ratio of -3.35 and a beta of 1.35.

Institutional Investors Weigh In On W&T Offshore

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WTI. Squarepoint Ops LLC increased its holdings in shares of W&T Offshore by 197.3% in the 2nd quarter. Squarepoint Ops LLC now owns 413,139 shares of the oil and gas company’s stock valued at $884,000 after acquiring an additional 274,156 shares during the period. Huber Capital Management LLC grew its position in W&T Offshore by 18.1% during the 2nd quarter. Huber Capital Management LLC now owns 4,763,734 shares of the oil and gas company’s stock worth $10,194,000 after purchasing an additional 731,254 shares during the last quarter. Creative Planning increased its stake in W&T Offshore by 14.4% in the third quarter. Creative Planning now owns 286,747 shares of the oil and gas company’s stock valued at $617,000 after purchasing an additional 36,145 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of W&T Offshore by 17.8% in the second quarter. The Manufacturers Life Insurance Company now owns 47,209 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 7,142 shares during the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of W&T Offshore during the second quarter worth about $34,000. 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. Stockholders of record on Thursday, November 21st were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend was Thursday, November 21st. W&T Offshore’s dividend payout ratio (DPR) is currently -9.30%.

W&T Offshore Company Profile

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.