W&T Offshore (WTI) Set to Release Earnings on Thursday

W&T Offshore (NYSE:WTI) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect W&T Offshore to announce earnings of ($0.07) per share and revenue of $142.12 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 10:00 AM ET.

W&T Offshore (NYSE:WTI) last announced its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $162.62 million for the quarter, compared to analysts’ expectations of $157.46 million. On average, analysts expect W&T Offshore to post ($0.09) EPS for the current fiscal year and ($0.12) EPS for the next fiscal year.

W&T Offshore Price Performance

NYSE:WTI opened at $4.26 on Tuesday. The firm’s 50 day simple moving average is $3.80 and its 200 day simple moving average is $3.35. The company has a market cap of $642.40 million, a PE ratio of -5.85 and a beta of 0.35. W&T Offshore has a one year low of $1.50 and a one year high of $5.08.

W&T Offshore Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 19th were paid a $0.01 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. W&T Offshore’s dividend payout ratio is presently -5.48%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WTI. Wall Street Zen cut W&T Offshore from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of W&T Offshore in a report on Thursday, October 15th. Finally, Roth Capital set a $4.25 target price on W&T Offshore in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $4.25.

About W&T Offshore

W&T Offshore, Inc is an independent oil and natural gas exploration and production company focused on the U.S. Gulf of Mexico. The company explores for, develops, and produces crude oil, natural gas, and natural gas liquids from offshore properties.

W&T Offshore’s operations have included assets in the federal and state waters of the Gulf of Mexico, spanning shelf and deepwater areas. Its activities include acquiring exploration and production interests, drilling and completing wells, and managing offshore production and related infrastructure.

Founded in 1983 by Tracy W.