W&T Offshore Q2 EPS Forecast Increased by Zacks Research

W&T Offshore, Inc. (NYSE:WTI) – Research analysts at Zacks Research boosted their Q2 2026 EPS estimates for W&T Offshore in a note issued to investors on Thursday, May 21st. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of ($0.06) for the quarter, up from their previous forecast of ($0.13). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for W&T Offshore’s current full-year earnings is ($0.11) per share. Zacks Research also issued estimates for W&T Offshore’s Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.15) EPS, Q2 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.01) EPS, FY2027 earnings at ($0.21) EPS, Q1 2028 earnings at ($0.02) EPS and FY2028 earnings at ($0.02) EPS.

W&T Offshore (NYSE:WTI) last issued its earnings results on Thursday, May 7th. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.17). The company had revenue of $150.02 million for the quarter, compared to analysts’ expectations of $138.41 million.

Several other equities research analysts have also issued reports on WTI. Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a research note on Monday, April 20th. Wall Street Zen lowered shares of W&T Offshore from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, William Blair began coverage on shares of W&T Offshore in a research note on Friday, April 17th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.

W&T Offshore Price Performance

Shares of W&T Offshore stock opened at $4.07 on Wednesday. The stock has a market cap of $605.53 million, a PE ratio of -4.28 and a beta of 0.29. The firm has a fifty day moving average price of $3.60 and a 200 day moving average price of $2.61. W&T Offshore has a 1 year low of $1.37 and a 1 year high of $5.08.

W&T Offshore Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 21st will be issued a $0.01 dividend. The ex-dividend date is Thursday, May 21st. This represents a $0.04 dividend on an annualized basis and a yield of 1.0%. W&T Offshore’s dividend payout ratio is presently -4.21%.

Institutional Trading of W&T Offshore

Hedge funds have recently bought and sold shares of the business. AXQ Capital LP purchased a new stake in shares of W&T Offshore in the 3rd quarter valued at approximately $28,000. StoneX Group Inc. purchased a new stake in shares of W&T Offshore in the 4th quarter valued at approximately $28,000. Oxford Asset Management LLP purchased a new stake in shares of W&T Offshore in the 2nd quarter valued at approximately $29,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of W&T Offshore in the 3rd quarter valued at approximately $30,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of W&T Offshore in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 42.88% of the company’s stock.

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.