Zacks Research Has Positive View of W&T Offshore Q2 Earnings

W&T Offshore, Inc. (NYSE:WTI - Free Report) - Investment analysts at Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for W&T Offshore in a research report issued to clients and investors on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of ($0.08) for the quarter, up from their prior estimate of ($0.12). 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 ($0.09) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.37) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.11) EPS and Q4 2026 earnings at ($0.12) EPS.

Separately, Wall Street Zen cut W&T Offshore from a "hold" rating to a "sell" rating in a report on Saturday.

W&T Offshore Stock Up 2.4%

Shares of WTI traded up $0.04 during midday trading on Friday, reaching $1.49. 541,781 shares of the company were exchanged, compared to its average volume of 1,691,192. W&T Offshore has a 1-year low of $1.09 and a 1-year high of $2.84. The stock has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.58. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 75.32. The company has a market cap of $219.26 million, a price-to-earnings ratio of -3.45 and a beta of 0.53.

W&T Offshore (NYSE:WTI - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.01. W&T Offshore had a negative net margin of 11.95% and a negative return on equity of 775.16%. The firm had revenue of $129.87 million during the quarter, compared to analysts' expectations of $123.91 million.

Institutional Trading of W&T Offshore

Several large investors have recently modified their holdings of the business. Ameriprise Financial Inc. grew 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 in the last quarter. Huber Capital Management LLC boosted its stake in shares of W&T Offshore by 35.8% during the 1st quarter. Huber Capital Management LLC now owns 6,858,684 shares of the oil and gas company's stock valued at $10,631,000 after buying an additional 1,808,234 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of W&T Offshore during the fourth quarter worth approximately $1,608,000. Millennium Management LLC increased its stake in shares of W&T Offshore by 24.2% in the first quarter. Millennium Management LLC now owns 3,071,610 shares of the oil and gas company's stock worth $4,761,000 after buying an additional 598,614 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in W&T Offshore by 142.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 839,446 shares of the oil and gas company's stock valued at $1,301,000 after acquiring an additional 493,692 shares in the last quarter. 42.88% of the stock is currently owned by institutional investors and hedge funds.

W&T Offshore Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 20th were issued a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $0.04 dividend on an annualized basis and a yield of 2.69%. W&T Offshore's dividend payout ratio is currently -5.56%.

W&T Offshore Company Profile

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.