W&T Offshore Receives Outperform Rating Despite Wider Loss, Shares Slide 10.3%
W&T Offshore received an Outperform rating from William Blair after reporting a Q4 adjusted loss of $0.14 per share versus a $0.09 estimate, and revenue of $121.7 million missed the $136 million consensus, sending shares down 10.3%. Deprince Race & Zollo raised its stake by 16% to 1.5 million shares.
1. Outperform Rating Initiated
William Blair initiated coverage on W&T Offshore with an Outperform rating on April 17, reflecting confidence in the company’s Gulf of Mexico exploration and production operations.
2. Fourth-Quarter Financial Results
In Q4 2025, W&T posted an adjusted loss of $0.14 per share, wider than the $0.09 analyst estimate, while revenue amounted to $121.7 million, below the $136 million consensus.
3. Share Performance After Earnings
Following the earnings release, W&T Offshore shares fell approximately 10.3%, underperforming broader market indices and highlighting investor concerns over missed revenue and profit targets.
4. Institutional Investor Activity
Institutional investors showed renewed confidence, with Deprince Race & Zollo boosting its stake by 16% to 1.5 million shares, while AXQ Capital and Oxford Asset Management established new positions of $28,000 and $29,000 respectively.