Q1 EPS Estimates for W&T Offshore Lowered by Zacks Research

W&T Offshore, Inc. (NYSE:WTI - Free Report) - Zacks Research lowered their Q1 2025 EPS estimates for shares of W&T Offshore in a report issued on Tuesday, January 28th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of ($0.16) for the quarter, down from their previous forecast of ($0.15). The consensus estimate for W&T Offshore's current full-year earnings is ($0.52) per share. Zacks Research also issued estimates for W&T Offshore's Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.67) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.36) EPS.

Separately, StockNews.com raised shares of W&T Offshore from a "sell" rating to a "hold" rating in a research note on Friday, December 13th.

W&T Offshore Trading Up 1.6 %

Shares of W&T Offshore stock traded up $0.03 during mid-day trading on Friday, hitting $1.58. 666,576 shares of the stock were exchanged, compared to its average volume of 1,813,888. W&T Offshore has a twelve month low of $1.33 and a twelve month high of $3.17. The stock has a market capitalization of $232.09 million, a price-to-earnings ratio of -3.66 and a beta of 1.32. The company has a 50-day simple moving average of $1.71 and a 200 day simple moving average of $2.02. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 75.32.

W&T Offshore (NYSE:WTI - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The oil and gas company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.02. W&T Offshore had a negative net margin of 11.95% and a negative return on equity of 775.16%. The company had revenue of $121.37 million for the quarter, compared to analysts' expectations of $136.01 million. During the same period last year, the company earned $0.01 EPS.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its holdings in shares of W&T Offshore by 17.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 47,209 shares of the oil and gas company's stock valued at $101,000 after acquiring an additional 7,142 shares in the last quarter. Verum Partners LLC purchased a new position in W&T Offshore in the third quarter valued at about $32,000. FMR LLC lifted its stake in shares of W&T Offshore by 72.1% during the third quarter. FMR LLC now owns 37,846 shares of the oil and gas company's stock worth $81,000 after purchasing an additional 15,852 shares in the last quarter. Signaturefd LLC boosted its position in shares of W&T Offshore by 86.6% in the third quarter. Signaturefd LLC now owns 36,644 shares of the oil and gas company's stock worth $79,000 after buying an additional 17,004 shares during the period. Finally, Sei Investments Co. acquired a new stake in shares of W&T Offshore in the second quarter valued at about $37,000. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

W&T Offshore Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.04 annualized dividend and a dividend yield of 2.54%. W&T Offshore's payout ratio is currently -9.30%.

About W&T Offshore

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.