Zacks Research Forecasts Increased Earnings for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Equities research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for shares of W&T Offshore in a note issued to investors on Monday, March 30th. Zacks Research analyst Team now expects that the oil and gas company will earn ($0.14) per share for the quarter, up from their prior estimate of ($0.18). Zacks Research currently has a “Hold” rating on the stock. 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 Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.43) EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.29) EPS.

W&T Offshore (NYSE:WTI) last announced its quarterly earnings data on Monday, March 16th. The oil and gas company reported ($0.14) earnings per share 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.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of W&T Offshore in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, W&T Offshore presently has an average rating of “Hold”.

W&T Offshore Stock Performance

W&T Offshore stock opened at $3.41 on Wednesday. The company has a market cap of $506.59 million, a P/E ratio of -3.37 and a beta of 0.26. W&T Offshore has a one year low of $1.09 and a one year high of $4.04. The business has a fifty day moving average of $2.66 and a two-hundred day moving average of $2.15.

Hedge Funds Weigh In On W&T Offshore

Several hedge funds and other institutional investors have recently bought and sold shares of WTI. AXQ Capital LP purchased a new stake in W&T Offshore during the third quarter worth $28,000. StoneX Group Inc. purchased a new position in shares of W&T Offshore in the fourth quarter valued at $28,000. Oxford Asset Management LLP acquired a new position in shares of W&T Offshore during the 2nd quarter worth $29,000. HBK Sorce Advisory LLC acquired a new position in shares of W&T Offshore during the 3rd quarter worth $30,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of W&T Offshore in the 3rd quarter worth about $30,000. 42.88% of the stock is owned by institutional investors and hedge funds.

W&T Offshore Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 19th were paid 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, March 19th. W&T Offshore’s dividend payout ratio (DPR) is presently -3.96%.

W&T Offshore News Roundup

Here are the key news stories impacting W&T Offshore this week:

• Positive Sentiment: Zacks Research raised several near‑term and medium‑term EPS forecasts (FY2026 from -$0.45 to -$0.43; FY2027 from -$0.36 to -$0.29, plus upgrades to multiple Q1–Q3 2027 and Q3 2026 quarter estimates), and issued a FY2028 EPS projection of $0.20 — these upward revisions signal improving analyst expectations that could support the share price. MarketBeat WTI
• Neutral Sentiment: Zacks kept a “Hold” rating on WTI and the consensus full‑year estimate remains negative (around -$0.45), so while estimates moved, sentiment from this analyst remains cautious. MarketBeat WTI
• Negative Sentiment: W&T reported a Q4 2025 EPS miss (reported -$0.14 vs. consensus -$0.06) despite a revenue beat — the EPS shortfall highlights profitability pressure and may weigh on the stock. W&T Falls Behind Expectations in Q4 2025
• Negative Sentiment: Macro pressure: Brent plunged ~9% on signs of a possible Iran deal, which pulls global oil prices lower — a weaker oil price environment tends to reduce near‑term cash flow for Gulf producers like WTI. Brent Oil Dives 9%

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.