Zacks Research Has Positive View of W&T Offshore Q1 Earnings

W&T Offshore, Inc. (NYSE:WTI) – Research analysts at Zacks Research raised their Q1 2026 earnings estimates for W&T Offshore in a research note issued to investors on Thursday, December 19th. Zacks Research analyst N. Banerjee now forecasts that the oil and gas company will post earnings per share of $0.00 for the quarter, up from their prior forecast of ($0.01). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.49) per share.

Separately, StockNews.com upgraded W&T Offshore from a “sell” rating to a “hold” rating in a research note on Friday, December 13th.

W&T Offshore Stock Performance

Shares of WTI stock opened at $1.53 on Monday. W&T Offshore has a 12 month low of $1.33 and a 12 month high of $3.44. The stock has a market capitalization of $225.46 million, a P/E ratio of -3.56 and a beta of 1.35. 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 firm’s 50 day moving average is $1.94 and its 200 day moving average is $2.12.

Institutional Investors Weigh In On W&T Offshore

A number of institutional investors and hedge funds have recently made changes to their positions in WTI. SG Americas Securities LLC bought a new position in shares of W&T Offshore in the 2nd quarter worth $182,000. Bank of New York Mellon Corp boosted its holdings in shares of W&T Offshore by 5.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,009,865 shares of the oil and gas company’s stock worth $2,161,000 after purchasing an additional 50,094 shares in the last quarter. Signaturefd LLC increased its position in shares of W&T Offshore by 203.1% during the 2nd quarter. Signaturefd LLC now owns 19,640 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 13,161 shares during the last quarter. CCG Wealth Management LLC bought a new position in shares of W&T Offshore during the 2nd quarter valued at about $26,000. Finally, Caprock Group LLC purchased a new position in shares of W&T Offshore during the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 42.88% of the company’s stock.

W&T Offshore Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were given a dividend of $0.01 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.61%. W&T Offshore’s dividend payout ratio (DPR) is currently -9.30%.

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.