Zacks Research Estimates W&T Offshore FY2028 Earnings

W&T Offshore, Inc. (NYSE:WTI) – Zacks Research issued their FY2028 earnings per share (EPS) estimates for W&T Offshore in a research report issued to clients and investors on Monday, March 30th. Zacks Research analyst Team expects that the oil and gas company will earn $0.20 per share for the year. Zacks Research has a “Hold” rating on the stock. The consensus estimate for W&T Offshore’s current full-year earnings is ($0.45) per share.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, W&T Offshore has an average rating of “Hold”.

W&T Offshore Trading Down 11.6%

Shares of WTI stock opened at $3.02 on Tuesday. The company’s fifty day moving average price is $2.68 and its 200-day moving average price is $2.16. The stock has a market cap of $448.57 million, a PE ratio of -2.99 and a beta of 0.08. W&T Offshore has a 12 month low of $1.09 and a 12 month high of $4.04.

W&T Offshore (NYSE:WTI) last announced its quarterly earnings data on Monday, March 16th. The oil and gas company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.08). The business had revenue of $121.71 million during the quarter, compared to analyst estimates of $115.36 million.

Hedge Funds Weigh In On W&T Offshore

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WTI. AQR Capital Management LLC boosted its stake in W&T Offshore by 309.7% during the 1st quarter. AQR Capital Management LLC now owns 120,911 shares of the oil and gas company’s stock valued at $187,000 after purchasing an additional 91,400 shares during the last quarter. Millennium Management LLC increased its holdings in shares of W&T Offshore by 24.2% in the 1st quarter. Millennium Management LLC now owns 3,071,610 shares of the oil and gas company’s stock worth $4,761,000 after purchasing an additional 598,614 shares in the last quarter. Jane Street Group LLC raised its stake in shares of W&T Offshore by 826.2% in the first quarter. Jane Street Group LLC now owns 324,807 shares of the oil and gas company’s stock worth $503,000 after purchasing an additional 289,739 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of W&T Offshore by 2.3% in the second quarter. Geode Capital Management LLC now owns 2,341,646 shares of the oil and gas company’s stock worth $3,864,000 after purchasing an additional 52,982 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of W&T Offshore by 42.3% during the second quarter. Creative Planning now owns 42,885 shares of the oil and gas company’s stock valued at $71,000 after purchasing an additional 12,749 shares in the last quarter. 42.88% of the stock is owned by institutional investors.

W&T Offshore Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 19th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.04 annualized dividend and a dividend yield of 1.3%. W&T Offshore’s dividend payout ratio (DPR) is -3.96%.

Key Stories Impacting W&T Offshore

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

• Positive Sentiment: Zacks raised WTI’s FY2026 and FY2027 profit forecasts (FY2026: from -$0.45 to -$0.43; FY2027: from -$0.36 to -$0.29), signaling modestly improved earnings visibility versus prior projections. MarketBeat WTI
• Positive Sentiment: Zacks also lifted several near-term quarterly EPS estimates (Q1–Q3 2026/2027 and Q2/Q3 2027 in particular), suggesting analysts see some operational or commodity-price recovery ahead. MarketBeat WTI
• Neutral Sentiment: Zacks continues to carry a “Hold” rating on WTI, indicating analysts are not currently recommending aggressive buying despite the estimate tweaks. MarketBeat WTI
• Neutral Sentiment: Media coverage has included WTI in lists of small-cap/penny oil names, which can increase retail attention but doesn’t change fundamentals by itself. InsiderMonkey Article
• Negative Sentiment: Zacks trimmed Q4 2026 and Q4 2027 EPS forecasts (Q4 2026 to -$0.06 from -$0.04; Q4 2027 to -$0.05 and in one note to -$0.05/-$0.06), which pressures near-term expectations. MarketBeat WTI
• Negative Sentiment: WTI reported a Q4 (reported March 16) EPS miss (reported -$0.14 vs. consensus -$0.06), which likely weighed on sentiment and contributed to the share weakness. MarketBeat WTI
• Negative Sentiment: Macro: Brent crude plunged ~9% on reports Iran may seek a deal — lower oil prices hurt revenue/realizations for small producers like W&T. FXEmpire Article

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.