|Bid||26.960 x 300|
|Ask||26.970 x 1300|
|Day's Range||26.310 - 27.075|
|52 Week Range||24.760 - 33.670|
|PE Ratio (TTM)||10.32|
|Forward Dividend & Yield||1.36 (5.10%)|
|1y Target Est||N/A|
Ever since the Federal Energy Regulatory Commission announced a ruling that prevents some master limited partnerships from using an important tax allowance, analysts have been defending the stocks, not that it has mattered. In a note today, East Daley Capital’s Justin Carlson tried to parse the impact on various MLPs. Kinder Morgan’s (KMI), however, doesn’t look that shielded from the changes, Carlson claims, while Williams Cos. (WMB) and Spectra Energy (SEP) have some of the biggest exposure, by his count, but also have some asset-specific mitigating factors that can limit the downside.
Master limited partnerships (MLPs) took a hit on Thursday, with Williams (WMB) falling to the bottom of the S&P 500 and the Alerian MLP ETF (AMLP) selling off more than 5%, following news of tax changes for master limited partnerships. The Federal Energy Regulatory Commission revised its policies, so that MLPs will no longer be able to recover an income-tax allowance for the cost of service for pipelines. It's not surprising that MLPs sold off on the news, but BMO Capital Markets' Danilo Juvane calls any weakness a buying opportunity.
Williams Companies (WMB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Williams Cos. (WMB) sank to the bottom of the S&P 500, hurt by tax changes for master limited partnerships. Williams lost $3.05, or 10.8%, to $25.09. The S&P 500 lost 2.15 points, or 0.08%, to 2747.33. ...
U.S. federal energy regulators gave themselves more time to decide whether to rehear their earlier order upholding New York's denial of a water permit for Williams Cos Inc's Constitution natural gas pipeline from Pennsylvania to New York. The Federal Energy Regulatory Commission (FERC) on Wednesday rejected Constitution's request to overturn New York's denial of a water quality certification in January.
The distribution growth prospects for the four selected general partners—Energy Transfer Equity (ETE), Williams Companies (WMB), Plains GP Holdings (PAGP), and Western Gas Equity Partners (WGP)—depend on their distributable cash flow and the distribution growth at their subsidiaries. The distributable cash flow growth depends on expansion opportunities. Energy Transfer Partners (ETP) expects its capital expenditure to decline in 2018 compared to 2017.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting WMB. Over the last one-month, outflows of investor capital in ETFs holding WMB totaled $15.98 billion.
In December 2017, The Williams Companies Inc (NYSE:WMB) announced its latest earnings update, which indicated that the business turned profitable again after incurring losses in the last financial year. Below,Read More...
Williams Companies (WMB) went below its 50-day and 200-day moving average due to recent declines, which might indicate bearish sentiment in the stock. Williams Companies was trading 5.1% below its 50-day simple moving average and 7.9% below its 200-day simple moving average as of February 23, 2018. In comparison, Enterprise Products Partners (EPD) and Energy Transfer Equity (ETE) were trading 2.1% and 5.7% below their long-term simple moving average, which indicates a general negative sentiment in the midstream sector.