Zacks Research Forecasts Increased Earnings for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Equities research analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for W&T Offshore in a research report issued to clients and investors on Monday, January 19th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of ($0.47) for the year, up from their previous forecast of ($0.48). Zacks Research currently 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 issued its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.07. The business had revenue of $127.52 million during the quarter, compared to analysts’ expectations of $125.69 million.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of W&T Offshore in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

W&T Offshore Stock Up 1.1%

Shares of WTI opened at $1.91 on Wednesday. The firm has a market cap of $284.17 million, a price-to-earnings ratio of -1.93 and a beta of 0.32. The business’s 50 day moving average is $1.74 and its two-hundred day moving average is $1.83. W&T Offshore has a 52-week low of $1.09 and a 52-week high of $2.59.

Hedge Funds Weigh In On W&T Offshore

Large investors have recently bought and sold shares of the business. Rhumbline Advisers grew its holdings in shares of W&T Offshore by 24.5% during the first quarter. Rhumbline Advisers now owns 299,473 shares of the oil and gas company’s stock valued at $464,000 after purchasing an additional 59,012 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of W&T Offshore by 55.7% in the 2nd quarter. Fisher Asset Management LLC now owns 882,842 shares of the oil and gas company’s stock worth $1,457,000 after purchasing an additional 315,901 shares during the last quarter. Simplicity Wealth LLC acquired a new position in W&T Offshore during the 2nd quarter valued at approximately $101,000. Ethic Inc. grew its stake in W&T Offshore by 99.6% during the 2nd quarter. Ethic Inc. now owns 68,342 shares of the oil and gas company’s stock worth $118,000 after buying an additional 34,110 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in W&T Offshore by 18.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 97,443 shares of the oil and gas company’s stock worth $161,000 after buying an additional 14,988 shares during the period. Institutional investors own 42.88% of the company’s stock.

W&T Offshore Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 19th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, November 19th. W&T Offshore’s dividend payout ratio is currently -4.04%.

W&T Offshore News Summary

Here are the key news stories impacting W&T Offshore this week:

• Positive Sentiment: Zacks Research upgraded W&T Offshore to a “Strong‑Buy” and raised several near‑term and FY2026 EPS estimates (FY2026 revised to -$0.47 from -$0.48), which supports a more constructive analyst view and likely helped upside in the share price. Zacks Upgrade / Estimate Changes
• Neutral Sentiment: Zacks’ revisions are mixed by quarter — some quarters were nudged higher (Q3/Q4 revisions) while others were lowered (Q1/Q2 2027). The net effect is modest: consensus full‑year EPS remains negative (around -$0.45), so valuation and recovery still depend on operational improvements and oil prices.
• Negative Sentiment: Macro oil pressure: an EIA inventory build (reported +3.6M barrels) pushed oil prices lower, which is a near‑term headwind for W&T Offshore’s revenue and cash flow outlook given commodity sensitivity. That market move can offset stock gains from the analyst upgrade. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Crude Inventories Rise By 3.6 Million Barrels

W&T Offshore Company Profile

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.