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

W&T Offshore, Inc. (NYSE:WTI) – Zacks Research boosted their Q2 2026 EPS estimates for shares of W&T Offshore in a research report issued to clients and investors on Friday, June 12th. Zacks Research analyst Team now anticipates 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 currently 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 equities analysts have also recently commented on WTI. William Blair initiated coverage on shares of W&T Offshore in a research report on Friday, April 17th. They issued an “outperform” rating on the stock. Wall Street Zen upgraded shares of W&T Offshore from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of W&T Offshore in a research report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

W&T Offshore Stock Down 16.6%

Shares of NYSE:WTI opened at $3.39 on Tuesday. The stock has a market cap of $503.62 million, a PE ratio of -3.56 and a beta of 0.24. The company’s fifty day moving average is $3.81 and its 200 day moving average is $2.80. W&T Offshore has a 52 week low of $1.50 and a 52 week high of $5.08.

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

Institutional Investors Weigh In On W&T Offshore

A number of large investors have recently added to or reduced their stakes in WTI. AXQ Capital LP bought a new stake in W&T Offshore in the 3rd quarter worth $28,000. StoneX Group Inc. bought a new stake in W&T Offshore in the 4th quarter worth $28,000. Oxford Asset Management LLP bought a new stake in W&T Offshore in the 2nd quarter worth $29,000. Dynamic Technology Lab Private Ltd bought a new stake in W&T Offshore in the 3rd quarter worth $32,000. Finally, Engineers Gate Manager LP bought a new stake in W&T Offshore in the 4th quarter worth $32,000. Institutional investors own 42.88% of the company’s stock.

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 dividend on an annualized basis 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 -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.