W&T Offshore (NYSE:WTI) Announces Earnings Results

W&T Offshore (NYSE:WTI) posted its quarterly earnings data on Thursday. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.17), reports. The business had revenue of $150.02 million for the quarter, compared to analysts’ expectations of $138.41 million.

W&T Offshore Stock Down 2.2%

WTI traded down $0.09 during trading hours on Friday, hitting $3.74. The stock had a trading volume of 8,357,653 shares, compared to its average volume of 7,836,901. The company’s fifty day simple moving average is $3.23 and its 200 day simple moving average is $2.40. W&T Offshore has a 1 year low of $1.34 and a 1 year high of $4.49. The stock has a market cap of $555.69 million, a PE ratio of -3.93 and a beta of 0.29.

W&T Offshore Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 21st will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.04 annualized dividend and a yield of 1.1%. W&T Offshore’s dividend payout ratio (DPR) is -3.96%.

Trending Headlines about W&T Offshore

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

• Neutral Sentiment: W&T Offshore reported Q1 2026 results and reiterated a small quarterly dividend of $0.01 per share, signaling continued cash returns to shareholders. W&T Offshore Announces First Quarter 2026 Results and Declares Dividend for Second Quarter of 2026
• Neutral Sentiment: The company’s earnings call transcript is available for investors looking for management commentary on production, pricing, and outlook after the quarter. W&T Offshore, Inc. (WTI) Q1 2026 Earnings Call Transcript
• Negative Sentiment: W&T Offshore missed Q1 EPS estimates as lower commodity price realizations reduced profitability, even though revenue rose 16% year over year on stronger volumes and lower lease operating expenses. W&T Offshore Q1 Earnings Miss on Lower Commodity Price Realizations
• Negative Sentiment: The broader oil market also faces a new overhang after a Reuters report said Diamondback Energy is betting on a wider WTI-Brent spread if U.S. oil export restrictions became a concern, highlighting policy risk that could pressure U.S. crude pricing sentiment. Diamondback bets on wider WTI-Brent gap amid US export ban concerns

Analyst Ratings Changes

WTI has been the subject of several research analyst reports. Zacks Research lowered W&T Offshore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. William Blair assumed coverage on W&T Offshore in a research note on Friday, April 17th. They set an “outperform” rating on the stock. Wall Street Zen upgraded W&T Offshore from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of W&T Offshore in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, W&T Offshore presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On W&T Offshore

Several large investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd boosted its holdings in W&T Offshore by 86.2% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 32,235 shares of the oil and gas company’s stock worth $53,000 after buying an additional 14,920 shares during the period. SmartHarvest Portfolios LLC bought a new position in W&T Offshore in the 4th quarter worth approximately $55,000. NewEdge Advisors LLC boosted its holdings in W&T Offshore by 21.7% in the 3rd quarter. NewEdge Advisors LLC now owns 36,610 shares of the oil and gas company’s stock worth $67,000 after buying an additional 6,524 shares during the period. Banco BTG Pactual S.A. bought a new position in W&T Offshore in the 2nd quarter worth approximately $66,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in W&T Offshore by 9,792.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 27,303 shares of the oil and gas company’s stock worth $45,000 after buying an additional 27,027 shares during the period. Hedge funds and other institutional investors own 42.88% of the company’s stock.

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.