W&T Offshore (NYSE:WTI) Releases Earnings Results, Misses Estimates By $0.08 EPS

W&T Offshore (NYSE:WTI) issued its quarterly earnings data on Monday. The oil and gas company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.08), Zacks reports. The company had revenue of $121.71 million during the quarter, compared to the consensus estimate of $115.36 million.

W&T Offshore Price Performance

Shares of WTI stock opened at $3.12 on Wednesday. The company has a market cap of $463.45 million, a price-to-earnings ratio of -3.08 and a beta of 0.26. W&T Offshore has a 1 year low of $1.09 and a 1 year high of $4.04. The firm has a fifty day moving average price of $2.38 and a 200-day moving average price of $2.05.

W&T Offshore Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 19th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.3%. W&T Offshore’s payout ratio is presently -3.96%.

Analysts Set New Price Targets

WTI has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a report on Wednesday, January 21st. Zacks Research lowered shares of W&T Offshore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

W&T Offshore News Roundup

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

• Positive Sentiment: Production and operations beat guidance — Q4 production averaged ~36.2 MBoe/d with a December exit near 37 MBoe/d and full‑year 2025 production of 34.0 MBoe/d, driven by low‑cost workovers and integration of the Cox acquisition, supporting revenue upside from volumes. GlobeNewswire: Final Q4 & Full Year 2025 Results
• Positive Sentiment: Balance‑sheet improvement and shareholder actions — unrestricted cash rose to $140.6M, Net Debt fell to ~$210M (Net Debt/TTM Adj. EBITDA ~1.6x), company added oil hedges for 2026 and kept a $0.01 quarterly dividend, reducing financial risk and increasing flexibility for opportunistic M&A. QuiverQuant: Results & Guidance Summary
• Neutral Sentiment: 2026 plan emphasizes steady production with much lower capex — guidance targets ~33.5–37.2 MBoe/d for 2026 while cutting full‑year capex to $19.5–24.5M and targeting cost reductions (MSN notes ~$22M lower capex); lower capex improves short‑term FCF but limits near‑term growth optionality. MSN: 2026 cost reductions & lower capex
• Negative Sentiment: Widening GAAP loss, weak FCF and margin pressure — FY2025 net loss widened to $150.1M (Adj. Net Loss $55.1M); free cash flow was only ~$1.5M for 2025. Lower realized oil prices and higher LOE/gathering costs pressured margins, and Q4 EPS missed some estimates. These factors constrain valuation and near‑term upside. Zacks: Q4 loss wider than expected
• Negative Sentiment: Reserves and cost risks — proved reserves fell to 121.0 MMBoe (from 127.0 MMBoe), PV‑10 declined modestly year/year; 2026 higher P&A guidance ($34–42M) and temporary pipeline transport cost increases could weigh on cash flow. Yahoo Finance: Earnings Highlights & Reserve Detail

Hedge Funds Weigh In On W&T Offshore

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in W&T Offshore by 309.7% in the first quarter. AQR Capital Management LLC now owns 120,911 shares of the oil and gas company’s stock worth $187,000 after buying an additional 91,400 shares in the last quarter. Millennium Management LLC lifted 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 lifted 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 grew its stake 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 acquiring an additional 52,982 shares during the period. Finally, Creative Planning grew its stake 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 acquiring an additional 12,749 shares during the period. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

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.