Brokers Set Expectations for W&T Offshore, Inc.’s Q1 2026 Earnings (NYSE:WTI)
W&T Offshore, Inc. (NYSE:WTI – Free Report) – Research analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for W&T Offshore in a report released on Monday, June 17th. Zacks Research analyst D. Bhowal now expects that the oil and gas company will post earnings of $0.00 per share for the quarter, up from their previous forecast of ($0.01). The consensus estimate for W&T Offshore’s current full-year earnings is ($0.12) per share.
W&T Offshore (NYSE:WTI – Get Free Report) last issued its quarterly earnings results on Friday, May 10th. The oil and gas company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). W&T Offshore had a negative net margin of 4.04% and a negative return on equity of 100.74%. The firm had revenue of $140.79 million for the quarter, compared to the consensus estimate of $138.96 million.
Separately, Stifel Nicolaus upped their price objective on W&T Offshore from $7.50 to $7.80 and gave the company a “buy” rating in a research note on Tuesday, April 23rd.
View Our Latest Analysis on WTI
W&T Offshore Trading Down 2.4 %
WTI stock opened at $2.01 on Wednesday. W&T Offshore has a 1-year low of $1.99 and a 1-year high of $4.51. The firm has a market cap of $295.18 million, a P/E ratio of -13.40 and a beta of 1.44. The business’s 50 day moving average is $2.28 and its 200-day moving average is $2.71. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 18.51.
W&T Offshore Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 24th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $0.04 annualized dividend and a dividend yield of 1.99%. W&T Offshore’s dividend payout ratio is currently -26.67%.
Institutional Investors Weigh In On W&T Offshore
Several large investors have recently modified their holdings of WTI. Price T Rowe Associates Inc. MD grew its position in W&T Offshore by 26.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,409 shares of the oil and gas company’s stock worth $78,000 after acquiring an additional 6,187 shares during the last quarter. Octavia Wealth Advisors LLC grew its position in W&T Offshore by 51.4% during the 4th quarter. Octavia Wealth Advisors LLC now owns 18,315 shares of the oil and gas company’s stock worth $60,000 after acquiring an additional 6,215 shares during the last quarter. Signaturefd LLC lifted its holdings in W&T Offshore by 907.2% during the 4th quarter. Signaturefd LLC now owns 8,390 shares of the oil and gas company’s stock worth $27,000 after buying an additional 7,557 shares in the last quarter. SG Americas Securities LLC lifted its holdings in W&T Offshore by 72.3% during the 4th quarter. SG Americas Securities LLC now owns 20,206 shares of the oil and gas company’s stock worth $66,000 after buying an additional 8,478 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in W&T Offshore by 131.6% during the 4th quarter. Quadrant Capital Group LLC now owns 15,607 shares of the oil and gas company’s stock worth $51,000 after buying an additional 8,869 shares in the last quarter. 42.88% of the stock is currently owned by institutional investors.
About W&T Offshore
W&T Offshore, Inc, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc was founded in 1983 and is headquartered in Houston, Texas.
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