W&T Offshore, Inc. to Post FY2025 Earnings of $0.20 Per Share, Zacks Research Forecasts (NYSE:WTI)

W&T Offshore, Inc. (NYSE:WTIFree Report) – Equities researchers at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of W&T Offshore in a research note issued to investors on Thursday, March 28th. Zacks Research analyst U. Dutta now anticipates that the oil and gas company will earn $0.20 per share for the year, down from their prior forecast of $0.22. The consensus estimate for W&T Offshore’s current full-year earnings is $0.16 per share. Zacks Research also issued estimates for W&T Offshore’s Q4 2025 earnings at $0.06 EPS.

W&T Offshore (NYSE:WTIGet Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The oil and gas company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.08). The business had revenue of $132.30 million for the quarter, compared to analyst estimates of $138.23 million. W&T Offshore had a negative return on equity of 71.70% and a net margin of 2.93%. The business’s quarterly revenue was down 30.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 EPS.

Separately, Stifel Nicolaus raised their price objective on W&T Offshore from $7.60 to $7.90 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd.

Check Out Our Latest Analysis on W&T Offshore

W&T Offshore Stock Performance

Shares of W&T Offshore stock opened at $2.65 on Friday. The company has a market capitalization of $389.18 million, a PE ratio of 26.50 and a beta of 1.55. W&T Offshore has a 12 month low of $2.45 and a 12 month high of $5.64. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 11.58. The stock’s fifty day simple moving average is $2.84 and its 200 day simple moving average is $3.36.

Hedge Funds Weigh In On W&T Offshore

A number of large investors have recently added to or reduced their stakes in WTI. JPMorgan Chase & Co. increased its holdings in W&T Offshore by 22.2% during the 1st quarter. JPMorgan Chase & Co. now owns 360,109 shares of the oil and gas company’s stock worth $1,376,000 after purchasing an additional 65,403 shares in the last quarter. Citigroup Inc. increased its holdings in W&T Offshore by 571.2% during the 1st quarter. Citigroup Inc. now owns 164,061 shares of the oil and gas company’s stock worth $626,000 after purchasing an additional 139,619 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of W&T Offshore by 318.6% in the 1st quarter. MetLife Investment Management LLC now owns 41,518 shares of the oil and gas company’s stock valued at $159,000 after acquiring an additional 31,600 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in shares of W&T Offshore by 3.7% in the 1st quarter. Panagora Asset Management Inc. now owns 391,287 shares of the oil and gas company’s stock valued at $1,495,000 after acquiring an additional 13,957 shares in the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of W&T Offshore by 11.3% in the 1st quarter. Rhumbline Advisers now owns 171,414 shares of the oil and gas company’s stock valued at $655,000 after acquiring an additional 17,462 shares in the last quarter. Institutional investors own 42.88% of the company’s stock.

W&T Offshore Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Monday, March 18th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Friday, March 15th. W&T Offshore’s dividend payout ratio (DPR) is presently 40.00%.

About W&T Offshore

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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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Earnings History and Estimates for W&T Offshore (NYSE:WTI)

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