W&T Offshore, Inc. reports results for the quarter ended June 30 - Earnings Summary

W&T Offshore

05/08/2026 23:42

W&T Offshore, Inc. WTI.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of four analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -5 cents to 5 cents per share.
Revenue rose 32.9% to $162.62 million from a year ago; analysts expected $157.46 million. 
W&T Offshore, Inc.'s reported EPS for the quarter was 8 cents​.
The company reported quarterly net income of $12.56 million.
W&T Offshore, Inc. shares had risen by 8.6% this quarter and gained 109.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 90.6% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for W&T Offshore, Inc. is $4.83, about 32.6% above its last closing price of $3.25
This summary was machine generated from LSEG data August 5 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.01
0.08
Beat
Mar. 31 2026 
-0.05
-0.15
Missed
Dec. 31 2025 
-0.08
-0.18
Missed
Sep. 30 2025 
-0.10
-0.48
Missed