Zacks Research Predicts Reduced Earnings for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Equities researchers at Zacks Research lowered their Q1 2025 EPS estimates for W&T Offshore in a report issued on Monday, March 17th. Zacks Research analyst R. Department now expects 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 report on Wednesday, March 5th.

W&T Offshore Stock Up 0.9 %

NYSE WTI opened at $1.62 on Thursday. The business’s 50-day moving average is $1.65 and its 200 day moving average is $1.87. The stock has a market capitalization of $238.43 million, a PE ratio of -3.76 and a beta of 1.14. The company has a debt-to-equity ratio of 75.32, a current ratio of 0.98 and a quick ratio of 0.98. W&T Offshore has a 1 year low of $1.30 and a 1 year high of $2.84.

W&T Offshore Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 17th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.04 annualized dividend and a dividend yield of 2.48%. W&T Offshore’s payout ratio is currently -6.78%.

Institutional Investors Weigh In On W&T Offshore

Several hedge funds have recently added to or reduced their stakes in WTI. Ameriprise Financial Inc. boosted its stake in W&T Offshore by 427.0% during the 4th quarter. Ameriprise Financial Inc. now owns 3,831,604 shares of the oil and gas company’s stock valued at $6,360,000 after purchasing an additional 3,104,484 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of W&T Offshore during the 4th quarter valued at about $1,608,000. Millennium Management LLC increased its holdings in W&T Offshore by 31.2% during the fourth quarter. Millennium Management LLC now owns 2,472,996 shares of the oil and gas company’s stock valued at $4,105,000 after buying an additional 588,106 shares during the last quarter. Huber Capital Management LLC increased its stake in shares of W&T Offshore by 10.6% in the 4th quarter. Huber Capital Management LLC now owns 5,050,450 shares of the oil and gas company’s stock worth $8,384,000 after purchasing an additional 483,954 shares in the last quarter. Finally, First Trust Advisors LP increased its position in W&T Offshore by 86.0% in the fourth quarter. First Trust Advisors LP now owns 974,242 shares of the oil and gas company’s stock worth $1,617,000 after buying an additional 450,467 shares in the last quarter. 42.88% of the stock is owned by institutional investors.

About W&T Offshore

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.