Zacks Research Equities Analysts Decrease Earnings Estimates for W&T Offshore, Inc. (NYSE:WTI)

W&T Offshore, Inc. (NYSE:WTI - Free Report) - Zacks Research lowered their FY2025 earnings per share estimates for W&T Offshore in a research report issued on Thursday, March 28th. Zacks Research analyst U. Dutta now forecasts that the oil and gas company will post earnings per share of $0.20 for the year, down from their prior estimate of $0.22. The consensus estimate for W&T Offshore's current full-year earnings is $0.16 per share. Zacks Research also issued estimates for W&T Offshore's Q4 2025 earnings at $0.06 EPS.

W&T Offshore (NYSE:WTI - Get Free Report) last posted its earnings results on Tuesday, March 5th. The oil and gas company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.08). The company had revenue of $132.30 million during the quarter, compared to the consensus estimate of $138.23 million. W&T Offshore had a net margin of 2.93% and a negative return on equity of 71.70%. The firm's revenue for the quarter was down 30.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 EPS.

Separately, Stifel Nicolaus increased their target price on shares of W&T Offshore from $7.60 to $7.90 and gave the company a "buy" rating in a research report on Tuesday, January 23rd.

W&T Offshore Stock Performance

Shares of NYSE:WTI traded up $0.10 during midday trading on Friday, reaching $2.65. The company had a trading volume of 2,721,804 shares, compared to its average volume of 3,839,690. The stock has a market cap of $389.17 million, a P/E ratio of 26.50 and a beta of 1.55. The company's 50 day moving average price is $2.84 and its 200 day moving average price is $3.36. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 11.58. W&T Offshore has a 52-week low of $2.45 and a 52-week high of $5.64.

Institutional Investors Weigh In On W&T Offshore

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of W&T Offshore by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 6,128,403 shares of the oil and gas company's stock worth $19,979,000 after buying an additional 144,541 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of W&T Offshore by 38.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 634,659 shares of the oil and gas company's stock worth $2,069,000 after purchasing an additional 176,222 shares during the period. Barclays PLC boosted its stake in W&T Offshore by 91.6% during the fourth quarter. Barclays PLC now owns 250,597 shares of the oil and gas company's stock valued at $816,000 after buying an additional 119,801 shares during the period. Nuveen Asset Management LLC grew its position in W&T Offshore by 1.4% during the fourth quarter. Nuveen Asset Management LLC now owns 255,452 shares of the oil and gas company's stock worth $833,000 after buying an additional 3,588 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of W&T Offshore in the 4th quarter valued at about $56,000. Institutional investors own 42.88% of the company's stock.

W&T Offshore Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Monday, March 18th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date was Friday, March 15th. W&T Offshore's payout ratio is currently 40.00%.

About W&T Offshore

W&T Offshore, Inc, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc was founded in 1983 and is headquartered in Houston, Texas.