Q2 EPS Estimates for W&T Offshore Lifted by Zacks Research

W&T Offshore, Inc. (NYSE:WTI) – Stock analysts at Zacks Research raised their Q2 2026 EPS estimates for shares of W&T Offshore in a research report issued on Friday, June 12th. Zacks Research analyst Team now expects that the oil and gas company will post earnings per share of ($0.05) for the quarter, up from their previous estimate of ($0.06). Zacks Research has a “Hold” rating on the stock. The consensus estimate for W&T Offshore’s current full-year earnings is ($0.12) per share. Zacks Research also issued estimates for W&T Offshore’s Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.04) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.10) EPS, Q4 2027 earnings at $0.02 EPS, FY2027 earnings at ($0.22) EPS, Q1 2028 earnings at ($0.07) EPS and FY2028 earnings at ($0.19) EPS.

A number of other research firms also recently weighed in on WTI. William Blair initiated coverage on shares of W&T Offshore in a research report on Friday, April 17th. They set an “outperform” rating for the company. Wall Street Zen raised shares of W&T Offshore from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a research report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

W&T Offshore Stock Performance

NYSE:WTI opened at $3.39 on Tuesday. The firm has a market cap of $503.62 million, a price-to-earnings ratio of -3.56 and a beta of 0.24. W&T Offshore has a 52 week low of $1.50 and a 52 week high of $5.08. The firm has a 50-day moving average price of $3.81 and a two-hundred day moving average price of $2.80.

W&T Offshore (NYSE:WTI) last posted its quarterly earnings data on Monday, March 9th. The oil and gas company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.08). The business had revenue of $121.71 million for the quarter, compared to analysts’ expectations of $115.36 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WTI. AQR Capital Management LLC boosted its holdings in W&T Offshore by 309.7% in the 1st quarter. AQR Capital Management LLC now owns 120,911 shares of the oil and gas company’s stock valued at $187,000 after purchasing an additional 91,400 shares during the period. Millennium Management LLC raised its position in shares of W&T Offshore by 24.2% during the 1st quarter. Millennium Management LLC now owns 3,071,610 shares of the oil and gas company’s stock valued at $4,761,000 after buying an additional 598,614 shares in the last quarter. Jane Street Group LLC raised its position in shares of W&T Offshore by 826.2% during the 1st quarter. Jane Street Group LLC now owns 324,807 shares of the oil and gas company’s stock valued at $503,000 after buying an additional 289,739 shares in the last quarter. Geode Capital Management LLC raised its position in shares of W&T Offshore by 2.3% during the 2nd 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 buying an additional 52,982 shares in the last quarter. Finally, Creative Planning raised its position in shares of W&T Offshore by 42.3% during the 2nd quarter. Creative Planning now owns 42,885 shares of the oil and gas company’s stock valued at $71,000 after buying an additional 12,749 shares in the last quarter. 42.88% of the stock is owned by institutional investors.

W&T Offshore Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 21st were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 21st. W&T Offshore’s dividend payout ratio (DPR) is presently -4.21%.

About W&T Offshore

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.