W&T Offshore (NYSE:WTI – Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Monday, August 4th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $131.30 million for the quarter.
W&T Offshore (NYSE:WTI – Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.01. The firm had revenue of $129.87 million during the quarter, compared to the consensus estimate of $123.91 million. On average, analysts expect W&T Offshore to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
W&T Offshore Stock Down 0.9%
Shares of W&T Offshore stock opened at $1.75 on Monday. The firm has a market capitalization of $257.65 million, a P/E ratio of -2.42 and a beta of 0.68. W&T Offshore has a 52 week low of $1.09 and a 52 week high of $2.84. The company has a 50 day moving average price of $1.74 and a 200 day moving average price of $1.58.
W&T Offshore Announces Dividend
Analyst Ratings Changes
Separately, Wall Street Zen downgraded W&T Offshore from a “hold” rating to a “sell” rating in a research note on Sunday, June 22nd.
Read Our Latest Stock Analysis on WTI
Hedge Funds Weigh In On W&T Offshore
Institutional investors have recently modified their holdings of the business. AQR Capital Management LLC increased its stake in W&T Offshore by 309.7% in 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 in the last quarter. Jane Street Group LLC raised its stake in shares of W&T Offshore by 826.2% in the 1st quarter. Jane Street Group LLC now owns 324,807 shares of the oil and gas company’s stock valued at $503,000 after acquiring an additional 289,739 shares during the period. Finally, Millennium Management LLC lifted its position in W&T Offshore by 24.2% during 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 acquiring an additional 598,614 shares in the last quarter. Institutional investors and hedge funds own 42.88% of the company’s stock.
W&T Offshore Company Profile
W&T Offshore, Inc engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.
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