Zacks raises 2026 forecast for W&T Offshore stock to USD 0.10 loss

Published on 10/01/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 162.62 million, up 32.90 percent year over year. W&T Offshore stock keeps its USD 0.01 dividend from the prior quarter.

WTI, US95335M1053, Illustration mit AI erstellt.

W&T Offshore stock (US95335M1053) is tied to a revised 2026 earnings outlook of a USD 0.10 loss per share, improved from a USD 0.12 loss. MarketBeat reported on September 11, 2026, that Zacks Research issued the revision in a note dated September 9, 2026. The updated forecast still implies a full-year loss, but the USD 0.02 improvement gives investors a more favorable earnings comparison.

Forecast turns less negative

The revision matters because the consensus full-year 2026 forecast remains a USD 0.09 loss per share, according to MarketBeat. Zacks therefore moved closer to the broader estimate while still projecting a loss, keeping profitability as the central measure for the next results.

The same report puts the 2027 Zacks forecast at a USD 0.21 loss per share, compared with a previous USD 0.26 loss. That USD 0.05 improvement extends the direction of the 2026 revision, although both forecasts remain negative.

Second-quarter figures improved

W&T Offshore reported second-quarter 2026 revenue of USD 162.62 million, up 32.90 percent from USD 122.37 million in the second quarter of 2025. Yahoo Finance also reported adjusted earnings per share of USD 0.02, versus an adjusted loss of USD 0.08 in the year-earlier quarter.

Operating cash flow reached USD 33.3 million in the second quarter of 2026, compared with USD 2.6 million in the first quarter. Unrestricted cash stood at USD 150.7 million on June 30, 2026, up from USD 130.9 million on March 31, 2026, according to the company investor-relations page.

NYSE listing and next date

W&T Offshore describes itself as an independent oil and natural gas producer with working interests in 48 producing fields and leases covering approximately 591,000 gross acres in the Gulf of America. The company declared a USD 0.01 per-share dividend for the third quarter of 2026.

Investing.com identifies W&T Offshore as a NYSE-listed company under ticker WTI and lists November 11, 2026, as the next earnings date.

Market value stays measurable

W&T Offshore had a market capitalization of USD 531.1 million on October 1, 2026. Its 52-week range was USD 1.50 to USD 5.08, placing the current valuation within a broad trading frame while the revised earnings outlook remains focused on reducing losses.