Q3 EPS Estimates for W&T Offshore Reduced by Zacks Research

W&T Offshore, Inc. (NYSE:WTI) – Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of W&T Offshore in a research note issued to investors on Monday, August 18th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of ($0.13) for the quarter, down from their previous estimate of ($0.11). 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 FY2025 earnings at ($0.43) EPS, Q3 2026 earnings at ($0.14) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.50) EPS and Q1 2027 earnings at ($0.10) EPS.

Separately, Wall Street Zen cut shares of W&T Offshore from a “hold” rating to a “sell” rating in a research note on Sunday, June 22nd.

W&T Offshore Stock Performance

Shares of WTI stock opened at $1.6950 on Thursday. The firm has a fifty day moving average of $1.81 and a 200-day moving average of $1.58. The stock has a market cap of $251.44 million, a price-to-earnings ratio of -2.23 and a beta of 0.70. W&T Offshore has a 52-week low of $1.09 and a 52-week high of $2.84.

W&T Offshore (NYSE:WTI) last issued its earnings results on Monday, August 4th. The oil and gas company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.06. The firm had revenue of $122.37 million during the quarter, compared to the consensus estimate of $131.30 million.

W&T Offshore Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Monday, August 18th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, August 18th. W&T Offshore’s payout ratio is currently -5.26%.

Institutional Investors Weigh In On W&T Offshore

A number of hedge funds have recently made changes to their positions in WTI. Oxford Asset Management LLP acquired a new position in W&T Offshore in the second quarter valued at about $29,000. Raymond James Financial Inc. bought a new position in shares of W&T Offshore in the fourth quarter valued at approximately $32,000. Ethic Inc. bought a new position in shares of W&T Offshore in the fourth quarter valued at approximately $36,000. Boothbay Fund Management LLC acquired a new position in shares of W&T Offshore in the 4th quarter worth approximately $41,000. Finally, EverSource Wealth Advisors LLC grew its position in W&T Offshore by 9,792.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 27,303 shares of the oil and gas company’s stock worth $45,000 after acquiring an additional 27,027 shares during 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 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.