WMB - The Williams Companies, Inc.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 20.71 |
| Open | 21.50 |
| Bid | 20.98 x 3100 |
| Ask | 21.20 x 1100 |
| Day's Range | 20.88 - 21.50 |
| 52 Week Range | 8.41 - 29.06 |
| Volume | 10,104,663 |
| Avg. Volume | 16,703,278 |
| Market Cap | 25.65B |
| Beta (5Y Monthly) | 1.55 |
| PE Ratio (TTM) | 169.12 |
| EPS (TTM) | 0.12 |
| Earnings Date | Jul 29, 2020 - Aug 03, 2020 |
| Forward Dividend & Yield | 1.60 (7.73%) |
| Ex-Dividend Date | Jun 11, 2020 |
| 1y Target Est | 22.09 |
- Zacks
Williams to Build 1-40 MW Solar Stations Across 9 US States (Revised)
Williams (WMB) currently purchases in excess of 400 MW of electricity for the facilities wherein the solar farms will be fitted to generate power.
- Zacks
Why Is Williams Companies, Inc. The (WMB) Up 7.1% Since Last Earnings Report?
Williams Companies, Inc. The (WMB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
ProPetro (PUMP) Q1 Earnings Top Estimates, Revenues Fall Y/Y
ProPetro's (PUMP) pressure pumping division makes up 97.9% of the company's top line in the first quarter.
- Zacks
4 Midstream Energy Stocks to Buy Amid Coronavirus Qualms
Midstream energy players are relatively less exposed to volatility in oil and gas prices and hence are relatively immune to the coronavirus outbreak.
- Financial Times
Trump weakens states’ veto power over energy projects
The Trump administration has curbed US states’ power to veto energy infrastructure projects, drawing praise from fossil fuel industries for a move that could make it easier to build pipelines and export terminals across the country. The Environmental Protection Agency on Monday reinterpreted provisions in the federal Clean Water Act that state governors had used to stymie projects targeted by climate campaigners. New York state has invoked the act to deny clean-water permits for natural gas pipelines.
- Zacks
Oil & Gas Stock Roundup: Occidental's 2nd Dividend Cut, Williams' Solar Push & More
Occidental Petroleum (OXY) slashed its quarterly dividend for the second time in four month, while Williams Companies (WMB) plans to develop solar energy to power its operations in nine states.
- Zacks
Williams to Build 1-40 MW Solar Stations Across 9 US States
Williams (WMB) currently purchases in excess of 400 MW of electricity for the facilities wherein the solar farms will be fitted to generate power.
- Zacks
ENB or WMB: Which Is the Better Value Stock Right Now?
ENB vs. WMB: Which Stock Is the Better Value Option?
- Insider Monkey
Williams Companies, Inc. (WMB): Hedge Funds Are Nibbling
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
- Zacks
Why Ovintiv (OVV) Surges 59.1% Post Q1 Earnings Release
Ovintiv's (OVV) cash from operating activities of $566 million in Q1 outpaces the year-ago figure of $529 million.
- Zacks
Can Williams Companies, Inc. The (WMB) Run Higher on Rising Earnings Estimates?
Williams Companies, Inc. The (WMB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- Zacks
Comstock Resources (CRK) Drops 28.5% Post Q1 Earnings Report
Comstock's (CRK) production of oil and natural gas averages 125.5 Bcfe, up 230.2% from the year-ago level as the company's thriving Haynesville shale drilling activity continues to yield returns.
- Business Wire
Williams Announces Plans to Develop Solar Power at Key Facilities
Williams (NYSE: WMB) today announced that it is taking steps to develop solar energy installations at its facilities to provide electricity to the company’s existing natural gas transmission and processing operations, an investment made possible through generous federal and state tax credits. The move builds on the company’s natural gas-focused strategy, with natural gas generation bringing reliability to the electric power grid and allowing for growth in renewable energy.
- 8minute Solar Energy Secures $225 Million Letter of Credit Facility to Support the Greenfield Development of its 18-Gigawatt Pipeline of Solar and Energy Storage ProjectsBusiness Wire
- CIT Leads $225 Million Letter of Credit Facility for 8minute Solar Energy to Support Its Renewable Energy Development ProjectsPR Newswire
- Zacks
Gulfport Energy (GPOR) Down 16.6% Post-Q1 Earnings Release
Gulfport Energy's (GPOR) total oil and gas production drops to 95,896 million cubic feet equivalent (MMcfe) from 113,726 MMcfe in the corresponding period of last year.
- Zacks
Oasis Petroleum (OAS) Incurs Wider-Than-Expected Q1 Loss
Oasis Petroleum's (OAS) lease operating expenses decrease to $6.83 per barrel of oil equivalent (Boe) from the year-ago figure of $7.08 per Boe.
- Motley Fool
Better Buy: Enbridge vs. Williams Companies
Enbridge (NYSE: ENB) and The Williams Companies (NYSE: WMB) are two of the largest oil and gas midstream companies in North America. With Enbridge yielding 7.2% and Williams yielding 8.2% at the time of this writing, both companies seem like attractive options for investors who want a little more than the 2% or so average yield in the S&P 500. Both Enbridge and Williams reaffirmed their initial 2020 guidance despite the downturn in oil and gas prices.
- Thomson Reuters StreetEvents
Edited Transcript of WMB earnings conference call or presentation 5-May-20 1:30pm GMT
Q1 2020 Williams Companies Inc Earnings Call
- GuruFocus.com
Mason Hawkins' Southeastern Buys Hyatt, DuPont
The Longleaf Partners Fund releases its portfolio for 1st-quarter 2020 Continue reading...
- Zacks
Why Canadian Natural (CNQ) Gains 18% Post Q1 Earnings Release
Canadian Natural's (CNQ) first-quarter output of 1,178,752 barrels of oil equivalent per day rises 13.9% from the prior-year quarter's level.
- Zacks
Oceaneering (OII) Q1 Earnings Top Estimates, Revenues Miss
Oceaneering's (OII) capital expenditure in the first quarter including acquisitions shoots up to $27.2 million.
- Zacks
TC PipeLines' (TCP) Earnings and DCF Decrease Y/Y in Q1
TC PipeLines' (TCP) first-quarter operation and maintenance expenses of $16 million reiterate the year-ago number.
- SmarterAnalyst
Williams Co Gives Up On $1B New-York Energy Pipeline
Williams Co (WMB) has revealed that it will not refile an application for its $1 billion pipeline that would have provided 400,000 dekatherms per day of incremental natural gas capacity to National Grid for customers in Brooklyn, Queens, and Long Island.“While we continue to believe in the fundamentals of this project, we will not refile in New Jersey or New York at this time,’’ said Laura Creekmur, spokesperson for Williams, in a statement.Following a previous denial last year, the New York State Department of Environmental Conservation again denied the application for the Northeast Supply Enhancement project based on the company’s inability to demonstrate compliance with water quality standards.Along with other components located in Pennsylvania and New Jersey, the project would have involved the installation of approximately 17.4 miles of 26-inch diameter natural gas loop pipeline within New York State waters, to be known as the Raritan Bay Loop.According to the Department the project would have caused “significant water quality impacts from the resuspension of sediments and other contaminants, including mercury and copper” which would be especially problematic within Raritan Bay- a known sensitive habitat and critical resource area.“The decision to pause this important infrastructure project is unfortunate for the region as the design and construction would have generated valuable economic activity in Pennsylvania, New Jersey and New York, and would have directly and indirectly supported more than 3,000 jobs during the construction period,’’ Creekmur said.Nonetheless, Williams maintains a firmly bullish Strong Buy Street consensus, with 12 recent buy ratings vs just 2 hold ratings. The average analyst price target stands at $22 (18% upside potential). Shares in WMB have plunged 21% on a year-to-date basis. (See WMB stock analysis on TipRanks).Related News: Carl Icahn Initiates Position in Delek US Holdings, Boosts Occidental Petroleum Amazon’s Response To Judiciary Committee ‘Unacceptable’ Tweets Jerry Nadler Microsoft Buys Metaswitch For Cloud-Based Telecoms Move, 5G Expansion More recent articles from Smarter Analyst: * Lufthansa Clinches $9.8 Billion Bailout Deal With German Government * Regeneron To Repurchase $5 Billion Stake From Sanofi * Gates Foundation Buys Up Amazon, Apple, Twitter Stock; Trims Berkshire Hathaway Stake * Earnings: RBC Forecasts Choppy Results For Dell This Thursday
- Bloomberg
Williams Won’t Refile State Applications for Blocked Pipeline
(Bloomberg) -- Williams Cos. said it won’t refile state applications for a contentious $1 billion natural gas pipeline after New York again denied the project a key permit.The state’s Department of Environmental Conservation on Friday rejected Williams’ latest application for a water permit for its Northeast Supply Enhancement project after denying the pipeline the same permit last year. Williams said Saturday that it wouldn’t be refiling applications to either New York or New Jersey.“The decision to pause this important infrastructure project is unfortunate for the region,” Williams said in the statement.The Northeast Supply Enhancement project was at the crux of a standoff last year between New York Governor Andrew Cuomo and National Grid Plc after the utility imposed a moratorium on gas hookups.The New York State DEC said it determined construction of the project “would result in significant water quality impacts” and cited a May 8 report by National Grid that “identified additional options that would meet the projected gap between demand and supply of natural gas.”Shellfish BedsThe project, which would add pipeline segments in New York, Pennsylvania and New Jersey to an existing Williams system, joins a slew of gas proposals in the region that have faced delays.New York regulators have focused on the impacts of the 17.4 mile (28 kilometer) stretch of 26-inch diameter pipeline, referred to as the Raritan Bay Loop, which would run underwater en route from New Jersey to Queens. The agency said construction of the project would result in the re-suspension of sediments and other contaminants, including mercury and copper, and disturb shellfish beds and other seabed resources.Environmental group 350.org applauded the denial and called the pipeline “unnecessary and risky.”Williams said on a conference call earlier this month that it wasn’t allocating significant capital to the project until it had all of its necessary permits. “We remain confident that NESE will ultimately be approved,” Williams Chief Executive Officer Alan Armstrong said at the time.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
New York denies PA-NY Williams Northeast Supply natgas pipe
New York environmental regulators on Friday denied a water permit for Williams Cos Inc's proposed Northeast Supply Enhancement (NESE) natural gas pipeline from Pennsylvania to New York City. The Department of Environmental Conservation (DEC) said the construction of the project would not meet the state's rigorous water quality standards. Williams has said the project, which includes an offshore pipe between New Jersey and Long Island, New York, will cost about $1 billion and could enter service in time for winter 2021 heating season.
- Business Wire
Williams Prices $1 Billion of Senior Notes
Williams (NYSE: WMB) announced today that it has priced a public offering of $1 billion of its 3.50% Senior Notes due 2030 at a price of 99.495 percent of par. The expected settlement date for the offering is May 14, 2020, subject to customary closing conditions.
