W&T Offshore (WTI) Projected to Post Earnings on Thursday

Key Points

• Q1 2026 earnings are due after the close on May 7, with analysts forecasting EPS of ($0.11) and revenue of $126.714 million; the conference call is scheduled for May 8 at 10:00 AM ET.
• W&T last missed estimates (reported EPS ($0.14) vs. ($0.06) expected) and analysts now project $0 EPS for both the current and next fiscal year, indicating muted near‑term profit expectations.
• The stock jumped about 11.9% to open at $4.47 (market cap ≈ $664.3M), the company pays a small quarterly dividend ($0.01, ~0.9% yield), and analyst coverage is mixed with a consensus rating of Hold.

W&T Offshore (NYSE:WTI - Get Free Report) is expected to issue its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $126.7140 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Friday, May 8, 2026 at 10:00 AM ET.

W&T Offshore (NYSE:WTI - Get Free Report) last released its earnings results on Monday, March 16th. The oil and gas company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.08). The firm had revenue of $121.71 million for the quarter, compared to analyst estimates of $115.36 million. On average, analysts expect W&T Offshore to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

W&T Offshore Trading Up 11.9%

Shares of W&T Offshore stock opened at $4.47 on Thursday. The firm has a market capitalization of $664.30 million, a PE ratio of -4.42 and a beta of 0.09. W&T Offshore has a twelve month low of $1.14 and a twelve month high of $4.49. The firm's 50-day moving average price is $3.12 and its 200 day moving average price is $2.35.

W&T Offshore Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 19th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, March 19th. W&T Offshore's payout ratio is -3.96%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WTI shares. William Blair initiated coverage on W&T Offshore in a research report on Friday, April 17th. They issued an "outperform" rating on the stock. Zacks Research downgraded W&T Offshore from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of W&T Offshore in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, W&T Offshore has a consensus rating of "Hold".

Hedge Funds Weigh In On W&T Offshore

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in shares of W&T Offshore in the fourth quarter valued at approximately $138,000. Invesco Ltd. lifted its holdings in W&T Offshore by 1.4% during the 4th quarter. Invesco Ltd. now owns 312,081 shares of the oil and gas company's stock worth $509,000 after buying an additional 4,241 shares in the last quarter. Millennium Management LLC boosted its position in W&T Offshore by 10.0% in the 4th quarter. Millennium Management LLC now owns 2,815,843 shares of the oil and gas company's stock valued at $4,590,000 after buying an additional 255,282 shares during the period. Engineers Gate Manager LP acquired a new position in shares of W&T Offshore in the fourth quarter worth $32,000. Finally, Bridgeway Capital Management LLC grew its stake in shares of W&T Offshore by 18.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 227,300 shares of the oil and gas company's stock worth $370,000 after acquiring an additional 35,000 shares in the last quarter. Institutional investors and hedge funds own 42.88% of the company's stock.

W&T Offshore Company Profile

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.

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