W&T Offshore, Inc. (NYSE:WTI - Free Report) - Analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for W&T Offshore in a research note issued to investors on Monday, August 18th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of ($0.13) per share for the quarter, down from their previous 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 FY2025 earnings at ($0.43) EPS, Q3 2026 earnings at ($0.14) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.50) EPS and Q1 2027 earnings at ($0.10) EPS.
Separately, Wall Street Zen raised W&T Offshore from a "sell" rating to a "hold" rating in a research note on Friday.
Check Out Our Latest Stock Analysis on WTI
W&T Offshore Stock Down 2.4%
Shares of WTI traded down $0.05 during mid-day trading on Thursday, hitting $1.80. 376,918 shares of the company's stock traded hands, compared to its average volume of 1,745,665. W&T Offshore has a 1 year low of $1.09 and a 1 year high of $2.84. The firm has a market capitalization of $266.27 million, a P/E ratio of -2.36 and a beta of 0.70. The business's 50-day moving average price is $1.80 and its 200-day moving average price is $1.59.
W&T Offshore (NYSE:WTI - Get Free Report) last posted its earnings results on Monday, August 4th. The oil and gas company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.06. The business had revenue of $122.37 million for the quarter, compared to analysts' expectations of $131.30 million.
W&T Offshore Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 18th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, August 18th. W&T Offshore's dividend payout ratio is presently -5.26%.
Hedge Funds Weigh In On W&T Offshore
Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings 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 worth $410,000 after purchasing an additional 142,899 shares in the last quarter. Rhumbline Advisers raised its holdings 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 worth $464,000 after purchasing an additional 59,012 shares in the last quarter. Ameriprise Financial Inc. raised its holdings 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 worth $6,360,000 after purchasing an additional 3,104,484 shares in the last quarter. Wells Fargo & Company MN raised its holdings 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 worth $77,000 after purchasing an additional 13,237 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in W&T Offshore in the fourth quarter worth $1,608,000. Institutional investors own 42.88% of the company's stock.
About W&T Offshore
(
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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.
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