Zacks Research Lifts Earnings Estimates for W&T Offshore

Key Points

• Zacks Research has raised its Q2 2025 EPS estimates for W&T Offshore from ($0.09) to ($0.08), indicating a slight improvement in expected earnings for the quarter.
• W&T Offshore's recent quarterly earnings report showed a loss of ($0.13) per share, which was better than the consensus estimate of ($0.14), alongside revenue of $129.87 million.
• The company's shares have recently been downgraded from a "hold" rating to a "sell" rating by Wall Street Zen, signaling potential concerns about its future performance.

W&T Offshore, Inc. (NYSE:WTI - Free Report) - Equities research analysts at Zacks Research lifted their Q2 2025 EPS estimates for shares of W&T Offshore in a research report issued to clients and investors on Thursday, July 31st. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings per share of ($0.08) for the quarter, up from their prior estimate of ($0.09). 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 Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.41) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.48) EPS, Q1 2027 earnings at ($0.08) EPS and FY2027 earnings at ($0.38) EPS.

W&T Offshore (NYSE:WTI - Get Free Report) last announced its earnings results on Monday, August 4th. The oil and gas company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.06. The business had revenue of $122.37 million for the quarter, compared to analyst estimates of $131.30 million.

Separately, Wall Street Zen lowered shares of W&T Offshore from a "hold" rating to a "sell" rating in a research note on Sunday, June 22nd.

W&T Offshore Stock Performance

Shares of WTI stock traded down $0.06 on Monday, hitting $1.75. 702,644 shares of the stock traded hands, compared to its average volume of 1,807,164. The stock has a market capitalization of $257.65 million, a PE ratio of -2.30 and a beta of 0.70. W&T Offshore has a twelve month low of $1.09 and a twelve month high of $2.84. The firm's 50-day moving average price is $1.80 and its two-hundred day moving average price is $1.58.

W&T Offshore Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Monday, August 18th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Monday, August 18th. W&T Offshore's dividend payout ratio is presently -5.56%.

Institutional Trading of W&T Offshore

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in W&T Offshore by 137.4% in the fourth quarter. Bank of America Corp DE now owns 246,893 shares of the oil and gas company's stock valued at $410,000 after purchasing an additional 142,899 shares during the last quarter. Rhumbline Advisers increased its stake in W&T Offshore by 24.5% in the first quarter. Rhumbline Advisers now owns 299,473 shares of the oil and gas company's stock valued at $464,000 after purchasing an additional 59,012 shares during the last quarter. Ameriprise Financial Inc. increased its stake in W&T Offshore by 427.0% in the fourth 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. Raymond James Financial Inc. purchased a new position in W&T Offshore in the fourth quarter valued at approximately $32,000. Finally, Wells Fargo & Company MN increased its stake in W&T Offshore by 39.9% in the fourth quarter. Wells Fargo & Company MN now owns 46,419 shares of the oil and gas company's stock valued at $77,000 after purchasing an additional 13,237 shares during the last quarter. 42.88% of the stock is currently owned by hedge funds and other 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.