Williams Companies (WMB) Stock Price, News & Analysis

Company Overview

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment consists of gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, the Mid-Continent region that includes the Anadarko and Permian basins, and the DJ Basin of Colorado; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; asset management services; and transports and markets NGLs. The company owns and operates 33,000 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

Key Stats

• Today's Range: $59.52 to $60.36
• 50-Day Range: $44.74 to $59.81
• 52-Week Range: $32.65 to $60.36
• Volume: 5.23 million shs
• Average Volume: 6.26 million shs
• Market Capitalization: $72.71 billion
• P/E Ratio: 25.17
• Dividend Yield: 3.19%
• Price Target: $51.54
• Consensus Rating: Moderate Buy

Williams Companies Stock Analysis - MarketRank™

Williams Companies scored higher than 80% of companies evaluated by MarketBeat, and ranked 76th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Williams Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Williams Companies has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.81%

Earnings Growth

Earnings for Williams Companies are expected to grow by 6.81% in the coming year, from $1.91 to $2.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Williams Companies is 25.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Williams Companies is 25.17, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.45.

Price to Earnings Growth Ratio

Williams Companies has a PEG Ratio of 6.04. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Williams Companies has a P/B Ratio of 4.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.45% of the outstanding shares of Williams Companies have been sold short.

Short Interest Ratio / Days to Cover

Williams Companies has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Williams Companies has recently decreased by 15.41%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Williams Companies pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Williams Companies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Williams Companies is 80.17%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Williams Companies will have a dividend payout ratio of 93.14% in the coming year. This indicates that Williams Companies may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.3 / 5
• Environmental Score: -8.25

Percentage of Shares Shorted

1.45% of the outstanding shares of Williams Companies have been sold short.

Short Interest Ratio / Days to Cover

Williams Companies has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Williams Companies has recently decreased by 15.41%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.29

News Sentiment

Williams Companies has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Williams Companies this week, compared to 11 articles on an average week.

Search Interest

51 people have searched for WMB on MarketBeat in the last 30 days. This is an increase of 132% compared to the previous 30 days.

MarketBeat Follows

Only 11 people have added Williams Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Williams Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $538,221.00 in company stock.

Percentage Held by Insiders

Only 0.44% of the stock of Williams Companies is held by insiders.

Percentage Held by Institutions

86.44% of the stock of Williams Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WMB Stock Analysis - Frequently Asked Questions

How have WMB shares performed this year?

Williams Companies' stock was trading at $34.83 on January 1st, 2024. Since then, WMB shares have increased by 71.3% and is now trading at $59.65.
View the best growth stocks for 2024 here.

How were Williams Companies' earnings last quarter?

The Williams Companies, Inc. (NYSE:WMB) announced its quarterly earnings results on Wednesday, November, 6th. The pipeline company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.01. The company's revenue was up 3.7% compared to the same quarter last year.
Read the conference call transcript.

Does Williams Companies have any subsidiaries?

Williams Companies subsidiaries include these companies: Alliance Canada Marketing L.P., Alliance Canada Marketing LTD, Appalachia Midstream Services L.L.C., Aux Sable Liquid Products Inc., Aux Sable Liquid Products LP, Aux Sable Midstream LLC, Bargath LLC, and others.

Who are Williams Companies' major shareholders?

Williams Companies' top institutional shareholders include State Street Corp (6.42%), Wellington Management Group LLP (2.93%), Geode Capital Management LLC (2.52%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.76%). Insiders that own company stock include Terrance Lane Wilson, Scott A Hallam, Debbie L Cowan, Debbie L Pickle, William H Spence, Mary A Hausman, Alan S Armstrong and Walter J Bennett.
View institutional ownership trends.

How do I buy shares of Williams Companies?

Shares of WMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Williams Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Williams Companies investors own include American Water Works (AWK), Humana (HUM), Verizon Communications (VZ), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 11/06/2024
• Today: 11/22/2024
• Ex-Dividend for 12/30 Dividend: 12/13/2024
• Dividend Payable: 12/30/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas transmission
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:WMB
• CUSIP: 96945710
• CIK: 107263
• Web: www.williams.com
• Phone: (918) 573-2000
• Fax: 918-573-6714
• Employees: 5,601
• Year Founded: 1908

Price Target and Rating

• Average Stock Price Target: $51.54
• High Stock Price Target: $70.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: -13.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.37
• Trailing P/E Ratio: 25.17
• Forward P/E Ratio: 31.23
• P/E Growth: 6.04
• Net Income: $3.18 billion
• Net Margins: 27.36%
• Pretax Margin: 37.22%
• Return on Equity: 15.89%
• Return on Assets: 4.45%

Debt

• Debt-to-Equity Ratio: 1.67
• Current Ratio: 0.57
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $10.91 billion
• Price / Sales: 6.67
• Cash Flow: $3.75 per share
• Price / Cash Flow: 15.90
• Book Value: $12.17 per share
• Price / Book: 4.90

Miscellaneous

• Outstanding Shares: 1,219,010,000
• Free Float: 1,213,648,000
• Market Cap: $72.71 billion
• Optionable: Optionable
• Beta: 1.03