Zacks Research Predicts Increased Earnings for W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) – Equities research analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for W&T Offshore in a research note issued on Monday, March 30th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of ($0.14) per share for the quarter, up from their prior estimate of ($0.18). Zacks Research currently has a “Hold” 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 ($0.06) EPS, FY2026 earnings at ($0.43) EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.29) EPS.

W&T Offshore (NYSE:WTI) last released its quarterly earnings results on Monday, March 16th. The oil and gas company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). The company had revenue of $121.71 million during the quarter, compared to analysts’ expectations of $115.36 million.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a research report on Wednesday, January 21st. One investment 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, the stock presently has a consensus rating of “Hold”.

W&T Offshore Price Performance

WTI stock opened at $3.15 on Wednesday. The company has a fifty day moving average price of $2.71 and a 200 day moving average price of $2.16. W&T Offshore has a 12 month low of $1.09 and a 12 month high of $4.04. The company has a market cap of $467.91 million, a price-to-earnings ratio of -3.11 and a beta of 0.09.

W&T Offshore Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 19th were issued 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 currently -3.96%.

Hedge Funds Weigh In On W&T Offshore

Institutional investors have recently bought and sold shares of the company. AXQ Capital LP acquired a new stake in shares of W&T Offshore in the 3rd quarter worth $28,000. StoneX Group Inc. acquired a new position in shares of W&T Offshore during the fourth quarter worth about $28,000. Oxford Asset Management LLP acquired a new position in shares of W&T Offshore during the second quarter worth about $29,000. HBK Sorce Advisory LLC purchased a new position in W&T Offshore during the third quarter worth about $30,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in W&T Offshore during the third quarter worth about $30,000. 42.88% of the stock is owned by institutional investors and hedge funds.

W&T Offshore News Roundup

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

• Positive Sentiment: Macro/market call: Analyst Ben Cook argues U.S. crude (WTI) has recently outperformed Brent and that headline-driven easing of geopolitical risk could lift energy sentiment — a tailwind for E&P names like W&T Offshore. WTI Crude Prices Overcome Brent, Implications for Inventories & FOMC
• Positive Sentiment: Zacks raised several forward estimates (including FY2026 and FY2027 upgrades and some quarterly raises), signaling an improving earnings trajectory over the medium term — this can support sentiment for WTI as expectations move toward smaller losses. Zacks Research Estimates W&T Offshore FY2028 Earnings
• Neutral Sentiment: Zacks continues to carry a “Hold” rating and the consensus full‑year EPS remains negative (around -$0.45), so analyst sentiment is cautious despite some estimate tweaks — this limits upside until profitability or guidance meaningfully improves. Zacks Research Estimates W&T Offshore FY2028 Earnings
• Negative Sentiment: Offsetting the raises, Zacks trimmed certain near‑term quarter estimates (notably Q4 2026 and Q4 2027 in their updates), underscoring persistent short‑term headwinds and continued quarterly losses — a driver for continued stock volatility and downside risk until operational results improve. Zacks Research Estimates W&T Offshore FY2028 Earnings

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.