W&T Offshore (NYSE:WTI) Shares Gap Up – Time to Buy?

Posted by Stanley Muller on Jul 17th, 2026

Shares of W&T Offshore, Inc. (NYSE:WTI – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $3.33, but opened at $3.44. W&T Offshore shares last traded at $3.3860, with a volume of 887,933 shares traded.

Analyst Ratings Changes

A number of research analysts have issued reports on WTI shares. Wall Street Zen lowered shares of W&T Offshore from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of W&T Offshore in a research report on Monday, April 20th. Finally, William Blair started coverage on W&T Offshore in a research note on Friday, April 17th. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, W&T Offshore currently has a consensus rating of “Hold”.

View Our Latest Analysis on W&T Offshore

W&T Offshore Stock Up 0.5%

The stock has a 50-day moving average of $3.74 and a 200 day moving average of $3.05. The stock has a market cap of $497.67 million, a PE ratio of -3.52 and a beta of 0.24.

W&T Offshore Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, May 21st. W&T Offshore’s payout ratio is presently -4.21%.

Institutional Trading of W&T Offshore

Hedge funds and other institutional investors have recently made changes to their positions in the business. StoneX Group Inc. purchased a new position in shares of W&T Offshore during the fourth quarter worth $28,000. Oxford Asset Management LLP purchased a new stake in W&T Offshore in the second quarter valued at $29,000. Dynamic Technology Lab Private Ltd acquired a new stake in W&T Offshore during the 3rd quarter worth about $32,000. Engineers Gate Manager LP acquired a new stake in W&T Offshore during the 4th quarter worth about $32,000. Finally, Capricorn Fund Managers Ltd purchased a new position in shares of W&T Offshore during the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 42.88% of the company’s stock.

W&T Offshore Company Profile

(Get Free Report)

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.