Zacks Research Has Negative View of W&T Offshore Q1 Earnings

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research dropped their Q1 2025 EPS estimates for W&T Offshore in a report issued on Monday, March 17th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings per share of ($0.12) for the quarter, down from their prior estimate 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 cut W&T Offshore from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th.

W&T Offshore Stock Down 2.1 %

W&T Offshore stock opened at $1.60 on Thursday. W&T Offshore has a twelve month low of $1.30 and a twelve month high of $2.84. The business has a fifty day moving average of $1.65 and a two-hundred day moving average of $1.87. The firm has a market cap of $235.48 million, a P/E ratio of -3.71 and a beta of 1.14. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 75.32.

Institutional Investors Weigh In On W&T Offshore

A number of hedge funds and other institutional investors have recently bought and sold shares of WTI. Price T Rowe Associates Inc. MD grew its holdings in W&T Offshore by 24.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 39,829 shares of the oil and gas company’s stock worth $67,000 after purchasing an additional 7,776 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of W&T Offshore by 39.9% in the 4th quarter. Wells Fargo & Company MN now owns 46,419 shares of the oil and gas company’s stock worth $77,000 after purchasing an additional 13,237 shares in the last quarter. Barclays PLC grew its stake in W&T Offshore by 11.0% during the 4th quarter. Barclays PLC now owns 156,226 shares of the oil and gas company’s stock worth $259,000 after buying an additional 15,445 shares during the last quarter. FMR LLC increased its position in W&T Offshore by 72.1% during the 3rd quarter. FMR LLC now owns 37,846 shares of the oil and gas company’s stock valued at $81,000 after buying an additional 15,852 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in W&T Offshore in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 42.88% of the company’s stock.

W&T Offshore Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders 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 dividend yield of 2.51%. The ex-dividend date is Monday, March 17th. W&T Offshore’s payout ratio 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.