Q2 2026 Earnings Forecast for W&T Offshore, Inc. Issued By Zacks Research (NYSE:WTI)

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of W&T Offshore in a research report issued on Monday, October 14th. Zacks Research analyst N. Banerjee now forecasts that the oil and gas company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for W&T Offshore’s current full-year earnings is ($0.39) per share.

W&T Offshore (NYSE:WTI) last released its earnings results on Tuesday, August 6th. The oil and gas company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). W&T Offshore had a negative return on equity of 103.71% and a negative net margin of 4.51%. The firm had revenue of $142.70 million for the quarter, compared to analyst estimates of $148.05 million. During the same period last year, the firm earned ($0.08) EPS. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year.

Separately, StockNews.com downgraded W&T Offshore from a “hold” rating to a “sell” rating in a research report on Thursday, September 19th.

W&T Offshore Trading Up 2.5 %

Shares of W&T Offshore stock opened at $2.04 on Tuesday. The stock has a market cap of $299.59 million, a PE ratio of -12.00 and a beta of 1.39. The firm has a fifty day moving average price of $2.21 and a 200 day moving average price of $2.28. W&T Offshore has a 1 year low of $1.92 and a 1 year high of $4.32. The company has a debt-to-equity ratio of 75.32, a current ratio of 1.06 and a quick ratio of 1.06.

W&T Offshore Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 27th. Shareholders of record on Tuesday, August 20th were given a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $0.04 annualized dividend and a yield of 1.96%. W&T Offshore’s dividend payout ratio is presently -23.53%.

Hedge Funds Weigh In On W&T Offshore

Several institutional investors have recently made changes to their positions in WTI. Sanders Morris Harris LLC purchased a new position in shares of W&T Offshore in the 1st quarter valued at about $26,000. CCG Wealth Management LLC purchased a new stake in shares of W&T Offshore in the second quarter valued at approximately $26,000. Norden Group LLC acquired a new position in shares of W&T Offshore during the 1st quarter worth approximately $29,000. Verum Partners LLC purchased a new position in shares of W&T Offshore during the 3rd quarter valued at approximately $32,000. Finally, Caprock Group LLC purchased a new position in shares of W&T Offshore during the 2nd quarter valued at approximately $34,000. 42.88% of the stock is owned by hedge funds and other institutional investors.

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.