W&T Offshore (NYSE:WTI) Stock Price Down 4.3% – Here’s What Happened

Posted by Geri Gentry on Aug 15th, 2026

W&T Offshore, Inc. (NYSE:WTI – Get Free Report) shares dropped 4.3% during mid-day trading on Thursday . The company traded as low as $3.54 and last traded at $3.5230. 252,342 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 5,951,240 shares. The stock had previously closed at $3.68.

Wall Street Analyst Weigh In

Several research analysts have commented on WTI shares. William Blair assumed coverage on shares of W&T Offshore in a research note on Friday, April 17th. They set an “outperform” rating for the company. Wall Street Zen downgraded shares of W&T Offshore from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Roth Capital set a $4.25 target price on shares of W&T Offshore in a report on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of W&T Offshore in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, W&T Offshore has a consensus rating of “Hold” and an average price target of $4.25.

View Our Latest Report on W&T Offshore

W&T Offshore Stock Performance

The company has a market cap of $551.84 million, a P/E ratio of -5.01 and a beta of 0.24. The business’s fifty day moving average is $3.47 and its two-hundred day moving average is $3.31.

W&T Offshore (NYSE:WTI – Get Free Report) last issued its earnings results on Wednesday, August 5th. The oil and gas company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $162.62 million for the quarter, compared to analyst estimates of $157.46 million. Analysts expect that W&T Offshore, Inc. will post -0.1 EPS for the current fiscal year.

W&T Offshore Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 19th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.04 annualized dividend and a yield of 1.1%. W&T Offshore’s dividend payout ratio is -5.48%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of WTI. Renaissance Technologies LLC lifted its holdings in shares of W&T Offshore by 158.5% in the 1st quarter. Renaissance Technologies LLC now owns 590,300 shares of the oil and gas company’s stock worth $2,013,000 after buying an additional 361,900 shares during the period. Sei Investments Co. raised its holdings in shares of W&T Offshore by 1,596.5% in the first quarter. Sei Investments Co. now owns 297,870 shares of the oil and gas company’s stock valued at $1,016,000 after acquiring an additional 280,312 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in W&T Offshore in the first quarter worth about $2,205,000. UBS Group AG lifted its stake in W&T Offshore by 381.1% in the fourth quarter. UBS Group AG now owns 2,400,024 shares of the oil and gas company’s stock worth $3,912,000 after acquiring an additional 1,901,213 shares during the period. Finally, SG Americas Securities LLC grew its holdings in W&T Offshore by 81.7% during the 4th quarter. SG Americas Securities LLC now owns 34,165 shares of the oil and gas company’s stock worth $56,000 after acquiring an additional 15,360 shares in the last quarter. 42.88% of the stock is currently owned by hedge funds and other institutional investors.

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.