Core Insights - The Williams Companies, Inc. reported a revenue of $2.784 billion for Q4 2023, reflecting a year-over-year decline of 100% and an EPS of $0.48 compared to $0.53 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $2.76 billion by -100.00%, while the EPS exceeded the consensus estimate of $0.47 by +2.13% [1] Performance Metrics - West - NGL equity sales were 14 million barrels per day, below the average estimate of 18.23 million barrels per day [2] - Northeast G&P - Gathering volumes were 4.37 Bcf/D, compared to the average estimate of 4.53 Bcf/D [2] - West - Gathering volumes were 6.03 Bcf/D, versus the average estimate of 6.25 Bcf/D [2] - West - NGL production reached 99 million barrels per day, exceeding the average estimate of 56.93 million barrels per day [2] - West - Plant inlet natural gas volumes were 1.63 Bcf/D, above the average estimate of 1.18 Bcf/D [2] - Northeast G&P - NGL production was 133 Bcf/D, slightly below the average estimate of 136.7 Bcf/D [2] - Northeast G&P - Plant inlet natural gas volumes were 1.93 Bcf/D, exceeding the average estimate of 1.78 Bcf/D [2] - Northeast G&P - NGL equity sales were 1 Bcf/D, slightly below the average estimate of 1.01 Bcf/D [2] - Service revenues from commodity consideration were $38 million, below the average estimate of $55.80 million [2] - Product sales amounted to $621 million, compared to the average estimate of $856.21 million [2] - Service revenues totaled $1.81 billion, slightly below the average estimate of $1.82 billion [2] - Adjusted EBITDA for Northeast G&P was $485 million, compared to the average estimate of $493.35 million [2] Stock Performance - Shares of Williams Companies have returned -1.5% over the past month, while the Zacks S&P 500 composite increased by +3.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced its unaudited financial results for the three and 12 months ended December 31, 2023. Continued strength in base business drives higher financial results GAAP net income of $3.273 billion, or $2.68 per diluted share (EPS) – up 60% vs. 2022 Adjusted net income of $2.334 billion, or $1.91 per diluted share (Adj. EPS) – up 5% vs. 2022 Adjusted EBITDA of $6.779 billion – up $361 million or 6% vs. 2022 Cash flow from operations (CFFO) ...

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) was again recognized across several key rankings for sustainability leadership – including the Dow Jones Sustainability Index, S&P Global Corporate Sustainability Assessment and MSCI – for the company’s commitment to transparency and governance around climate change and other critical topics. Williams also received an ‘A-’ score on the 2023 CDP Climate Change Questionnaire, an upgrade over the previous year and ranking well above the oil and gas storage ...

The Williams Companies, Inc. (WMB) is set to release fourth-quarter results on Feb 14. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 47 cents per share on revenues of $2.8 billion.Let’s delve into the factors that might have influenced the oil and gas pipeline operator’s performance in the December quarter. But it’s worth taking a look at Williams’ previous-quarter results first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the energy infrastr ...

Williams Companies, Inc. (The) (WMB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbe ...

Core Viewpoint - Williams Companies, Inc. (WMB) is experiencing a decline in stock performance, with a notable drop in both monthly and yearly earnings forecasts, indicating potential challenges ahead for the company [1][2]. Company Performance - WMB closed at $34.43, reflecting a -1.06% change from the previous day, which is worse than the S&P 500's loss of 0.32% [1]. - The stock has decreased by 2.11% over the past month, underperforming the Oils-Energy sector's loss of 2.12% and the S&P 500's gain of 4.59% [1]. - The upcoming earnings report is scheduled for February 14, 2024, with an expected EPS of $0.47, representing an 11.32% decrease from the same quarter last year [1]. Analyst Forecasts - Recent revisions to analyst forecasts for WMB indicate a 2.56% downward adjustment in the Zacks Consensus EPS estimate [2]. - The current Zacks Rank for WMB is 3 (Hold), suggesting a neutral outlook based on recent estimate changes [2]. Valuation Metrics - WMB has a Forward P/E ratio of 18.29, which is higher than the industry average of 15.31 [3]. - The PEG ratio for WMB stands at 5.23, compared to the industry average of 4.17, indicating a premium valuation relative to expected earnings growth [3]. - The Oil and Gas - Production and Pipelines industry, to which WMB belongs, holds a Zacks Industry Rank of 182, placing it in the bottom 28% of over 250 industries [3].

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Williams Companies, Inc. (The) (WMB) , which belongs to the Zacks Oil and Gas - Production and Pipelines industry.When looking at the last two reports, this pipeline operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.10%, on average, in the last two quarters.For the last reported quarter, Williams Co ...

TULSA, Okla.--(BUSINESS WIRE)--Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company’s common stock, payable on March 25, 2024, to holders of record at the close of business on March 8, 2024. This is a 6.1% increase from Williams’ fourth-quarter 2023 quarterly dividend of $0.4475 per share, paid in December 2023. Some portion of this distribution may be considered a return of capital for tax purposes. Additional information regar ...

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) will host a Clean Energy Expo in Washington D.C. on Tuesday, Feb. 13, focused on how Williams and the natural gas industry are delivering energy security and affordability while simultaneously reducing global emissions. Williams will demonstrate how the natural gas value chain is leveraging and developing cutting-edge and scalable technologies to reduce emissions – from responsibly growing NextGen natural gas to displace high-emissions fuels, to the deploy ...

Core Insights - Williams has appointed Donald "Don" R. Cravins, Jr. as Head of Government Affairs and Outreach, emphasizing the importance of a strong voice in Washington D.C. to navigate the complex permitting environment for natural gas [1] - Cravins will enhance relationships with key state and federal policymakers and set strategic objectives for the Government Affairs and Outreach teams [1][2] - Liz Bowman, who was appointed Vice President of Government Affairs, will lead the in-house government affairs team and collaborate with Cravins to promote the role of natural gas in economic and climate leadership [3] Company Overview - Williams is a leader in the energy industry, operating a 33,000-mile pipeline infrastructure that transports a third of the nation's natural gas, supporting energy needs for heating, cooking, and low-carbon electricity generation [4] - The company is committed to safely and responsibly meeting growing energy demand while investing in new energy technologies and reducing emissions within its natural gas network [4]