Zacks Research Cuts Earnings Estimates for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Stock analysts at Zacks Research lowered their Q1 2025 earnings per share (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 of ($0.12) per share 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 lowered shares of W&T Offshore from a “hold” rating to a “sell” rating in a research report on Wednesday, March 5th.

W&T Offshore Trading Up 2.8 %

Shares of WTI stock opened at $1.63 on Thursday. The stock has a 50-day simple moving average of $1.66 and a 200 day simple moving average of $1.87. The stock has a market capitalization of $239.91 million, a P/E ratio of -3.78 and a beta of 1.14. W&T Offshore has a fifty-two week low of $1.30 and a fifty-two week high of $2.84. 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

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of W&T Offshore in the fourth quarter worth $32,000. US Bancorp DE acquired a new stake in W&T Offshore during the 4th quarter worth about $33,000. Ethic Inc. purchased a new position in W&T Offshore during the 4th quarter valued at about $36,000. Boothbay Fund Management LLC acquired a new position in shares of W&T Offshore in the 4th quarter valued at about $41,000. Finally, R Squared Ltd purchased a new stake in shares of W&T Offshore in the fourth quarter worth approximately $54,000. Institutional investors and hedge funds own 42.88% of the company’s stock.

W&T Offshore Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Monday, March 17th. W&T Offshore’s dividend payout ratio is -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.