W&T Offshore (NYSE:WTI) Upgraded at Zacks Research

Zacks Research upgraded shares of W&T Offshore (NYSE:WTI) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports. Zacks Research also issued estimates for W&T Offshore’s Q4 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.47) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.12) EPS and Q4 2027 earnings at ($0.03) EPS.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of W&T Offshore in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

W&T Offshore Trading Up 5.9%

NYSE:WTI opened at $1.89 on Monday. The company has a market cap of $280.45 million, a PE ratio of -1.90 and a beta of 0.32. The company has a 50 day simple moving average of $1.74 and a two-hundred day simple moving average of $1.83. W&T Offshore has a 12 month low of $1.09 and a 12 month high of $2.59.

W&T Offshore (NYSE:WTI) last released its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.07. The firm had revenue of $127.52 million during the quarter, compared to analysts’ expectations of $125.69 million. Research analysts forecast that W&T Offshore will post -0.45 earnings per share for the current year.

W&T Offshore Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 19th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, November 19th. W&T Offshore’s payout ratio is -4.04%.

Institutional Investors Weigh In On W&T Offshore

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its stake in W&T Offshore by 24.5% during the 1st quarter. Rhumbline Advisers now owns 299,473 shares of the oil and gas company’s stock valued at $464,000 after purchasing an additional 59,012 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of 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 buying an additional 315,901 shares during the period. Simplicity Wealth LLC purchased a new stake in shares of W&T Offshore during the second quarter valued at $101,000. Ethic Inc. grew its holdings in shares of W&T Offshore by 99.6% during the second quarter. Ethic Inc. now owns 68,342 shares of the oil and gas company’s stock valued at $118,000 after buying an additional 34,110 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of W&T Offshore by 18.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 97,443 shares of the oil and gas company’s stock valued at $161,000 after acquiring an additional 14,988 shares during the period. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

W&T Offshore News Summary

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

• Positive Sentiment: Zacks Research upgraded W&T from “hold” to a “strong-buy,” a direct positive catalyst for sentiment and buying interest. Zacks.com TickerReport
• Positive Sentiment: Zacks raised its Q4 2027 EPS estimate (smaller expected loss), signaling improving near‑term profitability vs prior projections and supporting a higher valuation. MarketBeat summary
• Positive Sentiment: Zacks also nudged up its Q3 2027 and Q4 2026 EPS forecasts (each a smaller loss than prior), which modestly improves FY2026/FY2027 outlook consensus. MarketBeat summary
• Positive Sentiment: Zacks raised its FY2026 EPS estimate slightly (from -$0.48 to -$0.47) and reiterated the Strong‑Buy—an indication analysts see incremental improvement even if the company remains loss-making. MarketBeat summary
• Positive Sentiment: Macro support: oil markets moved higher (WTI crude climbed above $60), which should boost revenue and cashflow prospects for producers like W&T if sustained. FXEmpire oil market piece
• Negative Sentiment: Zacks cut its Q2 2027 EPS estimate (a larger expected loss than before), which could dampen near-term expectations and increase short‑term volatility. MarketBeat summary
• Negative Sentiment: Zacks lowered its Q1 2027 EPS forecast as well (worse than prior), another near-term headwind for earnings momentum. MarketBeat summary

About W&T Offshore

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.