W&T Offshore, Inc. (NYSE:WTI – Get Free Report)’s share price was down 6% during trading on Tuesday . The stock traded as low as $3.49 and last traded at $3.3850. Approximately 7,249,498 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 5,667,509 shares. The stock had previously closed at $3.60.
More W&T Offshore News
Here are the key news stories impacting W&T Offshore this week:
- Positive Sentiment: Zacks Research raised several near?term and full?year FY2026/2027 EPS forecasts (e.g., FY2027 to ($0.29) from ($0.36); upgrades to multiple Q1–Q3 2027 quarter estimates), suggesting analysts see modest operational improvement ahead. Zacks Research Estimates W&T Offshore FY2028 Earnings
- Neutral Sentiment: Zacks retains a “Hold” rating and the consensus still calls for negative full?year EPS (around ($0.45)), so while some estimates improved, the street view remains cautious and not yet bullish. (No single actionable upgrade in rating.)
- Negative Sentiment: Zacks also lowered several quarter estimates — notably Q4 2027 and Q4 2026 — and trimmed prior forecasts for certain quarters, which increases uncertainty about near?term profitability. Zacks Research Estimates W&T Offshore FY2028 Earnings
- Negative Sentiment: W&T’s recent quarter (Q4 2025) was reported to have fallen short of expectations, a signal investors worry could pressure cash flow and near?term performance. W&T Offshore (WTI) Falls Behind Expectations in Q4 2025
- Negative Sentiment: Commodity?price pressure: Brent dropped sharply after signs of a possible de?escalation between Iran and counterparties — lower oil prices reduce WTI’s revenue upside and likely weigh on the stock. Natural Gas, WTI Oil, Brent Oil Forecasts — Brent Oil Dives 9% Amid Signs Indicating Iran Is Ready For A Deal
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on WTI shares. Weiss Ratings restated a “sell (d-)” rating on shares of W&T Offshore in a research note on Wednesday, January 21st. Zacks Research lowered shares of W&T Offshore from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.
W&T Offshore Stock Down 11.6%
The stock has a market capitalization of $448.57 million, a PE ratio of -2.99 and a beta of 0.08. The firm has a 50 day moving average price of $2.68 and a 200-day moving average price of $2.16.
W&T Offshore (NYSE:WTI – Get Free Report) last issued its earnings results on Monday, March 16th. The oil and gas company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). The company had revenue of $121.71 million during the quarter, compared to analysts’ expectations of $115.36 million. Equities analysts expect that W&T Offshore, Inc. will post -0.45 earnings per share for the current fiscal year.
W&T Offshore Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 19th were paid a $0.01 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.3%. W&T Offshore’s dividend payout ratio is presently -3.96%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its position in W&T Offshore by 309.7% during the 1st quarter. AQR Capital Management LLC now owns 120,911 shares of the oil and gas company’s stock worth $187,000 after purchasing an additional 91,400 shares during the period. Millennium Management LLC raised its position in W&T Offshore by 24.2% during the first quarter. Millennium Management LLC now owns 3,071,610 shares of the oil and gas company’s stock valued at $4,761,000 after acquiring an additional 598,614 shares in the last quarter. Jane Street Group LLC raised its position in W&T Offshore by 826.2% during the first quarter. Jane Street Group LLC now owns 324,807 shares of the oil and gas company’s stock valued at $503,000 after acquiring an additional 289,739 shares in the last quarter. Geode Capital Management LLC lifted its holdings in W&T Offshore by 2.3% in the second quarter. Geode Capital Management LLC now owns 2,341,646 shares of the oil and gas company’s stock valued at $3,864,000 after acquiring an additional 52,982 shares during the period. Finally, Creative Planning boosted its position in W&T Offshore by 42.3% in the 2nd quarter. Creative Planning now owns 42,885 shares of the oil and gas company’s stock worth $71,000 after purchasing an additional 12,749 shares in the last quarter. 42.88% of the stock is currently owned by institutional investors and hedge funds.
W&T Offshore Company Profile
W&T Offshore, Inc is an independent oil and gas exploration and production company focused primarily on offshore operations in the Gulf of Mexico. The company acquires, develops and produces crude oil and natural gas reserves, operating a portfolio of producing properties that encompasses both shallow-water and deepwater assets. W&T Offshore leverages its technical expertise and asset management capabilities to optimize field development and production efficiency across its portfolio.
Founded in 1983 and headquartered in Covington, Louisiana, W&T Offshore has built a track record of disciplined growth through strategic acquisitions and targeted exploration activities.
Further Reading
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