Zacks Research Weighs in on W&T Offshore Q1 Earnings

W&T Offshore, Inc. (NYSE:WTI) – Analysts at Zacks Research issued their Q1 2028 earnings per share estimates for shares of W&T Offshore in a research report issued on Monday, March 30th. Zacks Research analyst Team expects that the oil and gas company will earn ($0.01) per share for the quarter. 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.

W&T Offshore (NYSE:WTI) last posted 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 business had revenue of $121.71 million during the quarter, compared to the consensus estimate of $115.36 million.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of W&T Offshore in a research note on Wednesday, January 21st. One equities research 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

W&T Offshore Stock Performance

WTI stock opened at $3.02 on Thursday. The company’s 50 day moving average price is $2.68 and its 200 day moving average price is $2.16. W&T Offshore has a fifty-two week low of $1.09 and a fifty-two week high of $4.04. The firm has a market capitalization of $448.57 million, a price-to-earnings ratio of -2.99 and a beta of 0.08.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Fisher Asset Management LLC lifted its stake in W&T Offshore by 55.7% during the second 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. Caitong International Asset Management Co. Ltd raised its holdings in W&T Offshore by 2,753.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 110,794 shares of the oil and gas company’s stock worth $181,000 after purchasing an additional 106,911 shares in the last quarter. SG Americas Securities LLC raised its holdings in W&T Offshore by 81.7% during the fourth quarter. SG Americas Securities LLC now owns 34,165 shares of the oil and gas company’s stock worth $56,000 after purchasing an additional 15,360 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of W&T Offshore by 16.0% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,502,907 shares of the oil and gas company’s stock worth $2,450,000 after buying an additional 206,810 shares during the last quarter. Finally, R Squared Ltd lifted its position in shares of W&T Offshore by 62.0% during the 3rd quarter. R Squared Ltd now owns 59,341 shares of the oil and gas company’s stock worth $108,000 after buying an additional 22,721 shares during the last quarter. 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, March 26th. Stockholders of record on Thursday, March 19th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, March 19th. W&T Offshore’s dividend payout ratio is currently -3.96%.

W&T Offshore News Roundup

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

• Positive Sentiment: Zacks Research raised several near‑term and full‑year FY2026/2027 EPS forecasts (e.g., FY2027 to ($0.29) from ($0.36); upgrades to multiple Q1–Q3 2027 quarter estimates), suggesting analysts see modest operational improvement ahead. Zacks Research Estimates W&T Offshore FY2028 Earnings
• Neutral Sentiment: Zacks retains a “Hold” rating and the consensus still calls for negative full‑year EPS (around ($0.45)), so while some estimates improved, the street view remains cautious and not yet bullish. (No single actionable upgrade in rating.)
• Negative Sentiment: Zacks also lowered several quarter estimates — notably Q4 2027 and Q4 2026 — and trimmed prior forecasts for certain quarters, which increases uncertainty about near‑term profitability. Zacks Research Estimates W&T Offshore FY2028 Earnings
• Negative Sentiment: W&T’s recent quarter (Q4 2025) was reported to have fallen short of expectations, a signal investors worry could pressure cash flow and near‑term performance. W&T Offshore (WTI) Falls Behind Expectations in Q4 2025
• Negative Sentiment: Commodity‑price pressure: Brent dropped sharply after signs of a possible de‑escalation between Iran and counterparties — lower oil prices reduce WTI’s revenue upside and likely weigh on the stock. Natural Gas, WTI Oil, Brent Oil Forecasts — Brent Oil Dives 9% Amid Signs Indicating Iran Is Ready For A Deal

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.