W&T Offshore-What Analyst Projections for Key Metrics Reveal About W&T (WTI) Q4 Earnings

Core Viewpoint - W&T Offshore (WTI) is expected to report a quarterly loss of $0.18 per share, reflecting a significant decline of 200% year-over-year, with revenues projected at$ 128.77 million, down 2.7% from the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 30.8% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3]. Revenue Projections - Analysts forecast 'Revenues- NGLs' at $6.55 million, a decrease of 4.4% year-over-year [4]. - 'Revenues- Natural gas' are expected to reach$ 34.05 million, showing a year-over-year increase of 15.8% [5]. - 'Revenues- Oil' are projected at $86.31 million, indicating an 8.3% decline compared to the previous year [5]. Sales Volumes - Estimated 'Net sales volumes - Natural Gas' are 9,279.68 MMcf, down from 9,533 MMcf in the same quarter last year [6]. - 'Net sales volumes - NGLs' are expected to be 272.30 MBBL, compared to 329 MBBL a year ago [6]. - Total estimated 'Net sales volumes - Oil and natural gas' are 3,059.95 MBoe, down from 3,302 MBoe year-over-year [7]. Average Realized Prices - The average realized sales price for 'Natural gas ($ /Mcf)' is projected at $2.98, down from$ 3.08 in the same quarter last year [8]. - 'Oil ( $/Bbl)' average realized sales price is expected to be$ 69.92, compared to $77.17 a year ago [8]. - 'NGLs ($ /Bbl)' average realized sales price is forecasted at $23.74, up from$ 20.82 year-over-year [9]. Stock Performance - Over the past month, W&T shares have returned +0.6%, while the Zacks S&P 500 composite has declined by -2.2% [10]. - WTI currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10].