W&T Offshore FY2026 EPS Estimate Increased by Zacks Research

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research boosted their FY2026 EPS estimates for shares of W&T Offshore in a research report issued on Monday, January 19th. Zacks Research analyst Team now forecasts that the oil and gas company will earn ($0.47) per share for the year, up from their prior estimate of ($0.48). Zacks Research has a “Strong-Buy” rating on the stock. 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 Q4 2026 earnings at ($0.07) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.12) EPS and Q4 2027 earnings at ($0.03) EPS.

W&T Offshore (NYSE:WTI) last announced its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.07. The firm had revenue of $127.52 million during the quarter, compared to the consensus estimate of $125.69 million.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of W&T Offshore in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

W&T Offshore Stock Performance

NYSE:WTI opened at $1.79 on Wednesday. The firm has a market capitalization of $265.57 million, a price-to-earnings ratio of -1.80 and a beta of 0.32. The stock has a fifty day moving average of $1.74 and a 200 day moving average of $1.83. W&T Offshore has a 52-week low of $1.09 and a 52-week high of $2.59.

W&T Offshore Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 19th were given a $0.01 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $0.04 dividend on an annualized basis and a yield of 2.2%. W&T Offshore’s payout ratio is presently -4.04%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in WTI. Vanguard Group Inc. boosted its stake in shares of W&T Offshore by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,828,361 shares of the oil and gas company’s stock valued at $12,428,000 after purchasing an additional 19,283 shares in the last quarter. Millennium Management LLC increased its holdings 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 period. Geode Capital Management LLC lifted its stake in shares of W&T Offshore by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,341,646 shares of the oil and gas company’s stock valued at $3,864,000 after acquiring an additional 52,982 shares during the last quarter. Two Sigma Investments LP grew its position in W&T Offshore by 9.8% during the 3rd quarter. Two Sigma Investments LP now owns 1,495,254 shares of the oil and gas company’s stock worth $2,721,000 after acquiring an additional 133,080 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in W&T Offshore by 4.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,197,040 shares of the oil and gas company’s stock worth $2,179,000 after purchasing an additional 53,721 shares during the period. 42.88% of the stock is owned by hedge funds and other institutional investors.

About W&T Offshore

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.