Zacks Research Weighs in on W&T Offshore FY2026 Earnings

W&T Offshore, Inc. (NYSE:WTI) – Stock analysts at Zacks Research upped their FY2026 EPS estimates for shares of W&T Offshore in a research note issued to investors on Thursday, July 9th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of ($0.14) for the year, up from their prior forecast of ($0.15). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.13) per share. Zacks Research also issued estimates for W&T Offshore’s Q4 2026 earnings at ($0.03) EPS, Q2 2027 earnings at ($0.04) EPS, Q3 2027 earnings at ($0.05) EPS, Q4 2027 earnings at ($0.08) EPS, FY2027 earnings at ($0.25) EPS, Q2 2028 earnings at ($0.03) EPS and FY2028 earnings at ($0.21) EPS.

Several other equities research analysts have also recently issued reports on WTI. Weiss Ratings restated a “sell (d-)” rating on shares of W&T Offshore in a report on Monday, April 20th. William Blair assumed coverage on W&T Offshore in a research note on Friday, April 17th. They issued an “outperform” rating on the stock. Finally, Wall Street Zen downgraded W&T Offshore from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

W&T Offshore Stock Down 0.1%

WTI opened at $3.37 on Monday. The firm has a 50 day moving average price of $3.78 and a 200-day moving average price of $3.00. W&T Offshore has a twelve month low of $1.50 and a twelve month high of $5.08. The stock has a market capitalization of $500.64 million, a price-to-earnings ratio of -3.54 and a beta of 0.24.

Hedge Funds Weigh In On W&T Offshore

Institutional investors and hedge funds have recently made changes to their positions in the business. StoneX Group Inc. bought a new stake in W&T Offshore during the fourth quarter valued at approximately $28,000. Oxford Asset Management LLP bought a new position in W&T Offshore in the second quarter worth approximately $29,000. Dynamic Technology Lab Private Ltd bought a new position in W&T Offshore in the third quarter worth approximately $32,000. Engineers Gate Manager LP purchased a new position in shares of W&T Offshore during the 4th quarter worth $32,000. Finally, Capricorn Fund Managers Ltd purchased a new position in shares of W&T Offshore during the 1st quarter worth $34,000. Hedge funds and other institutional investors own 42.88% of the company’s stock.

W&T Offshore Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 21st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 21st. W&T Offshore’s dividend payout ratio is -4.21%.

About W&T Offshore

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.