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

W&T Offshore, Inc. (NYSE:WTI) – Equities research analysts at Zacks Research boosted their Q1 2026 earnings estimates for shares of W&T Offshore in a research note issued 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 shares of W&T Offshore from a “sell” rating to a “hold” rating in a report on Friday, December 13th.

W&T Offshore Stock Up 1.3 %

NYSE WTI opened at $1.53 on Monday. The business’s 50-day moving average is $1.94 and its 200 day moving average is $2.12. The stock has a market capitalization of $225.46 million, a PE ratio of -3.56 and a beta of 1.35. The company has a debt-to-equity ratio of 75.32, a current ratio of 0.98 and a quick ratio of 0.98. W&T Offshore has a 1 year low of $1.33 and a 1 year high of $3.44.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. CCG Wealth Management LLC bought a new position in shares of W&T Offshore during the second quarter valued at approximately $26,000. Verum Partners LLC bought a new position in W&T Offshore during the 3rd quarter valued at approximately $32,000. Caprock Group LLC bought a new stake in W&T Offshore in the second quarter worth $34,000. Sei Investments Co. purchased a new stake in shares of W&T Offshore in the second quarter worth $37,000. Finally, Signaturefd LLC boosted its stake in W&T Offshore by 203.1% in the 2nd quarter. Signaturefd LLC now owns 19,640 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 13,161 shares in the last quarter. 42.88% of the stock is owned by hedge funds and other institutional investors.

W&T Offshore Dividend Announcement

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