The oil-energy sector is fraught with uncertainty as tensions between Iran and Israel continue to escalate. According to reports, eight soldiers, including a team commander, have been confirmed dead by the Israeli military during ground operations in southern Lebanon. This escalation comes in the wake of Iranian missile strikes aimed at Tel Aviv, prompting a warning from Israel's military chief about an imminent retaliation. Amid these concerns, oil prices are rising as investors become increasingly worried ...

Fodor90/iStock via Getty Images Williams Companies (NYSE:WMB) is a more than $50 billion midstream companies that barely ekes its way to a double-digit AFFO yield. As we'll see throughout this article, the company has the ability to maintain its 4.27% dividend, and drive future shareholder returns. We last discussed this company in January, and since then, it has heavily outperformed the S&P 500 by more than 10%, as we highlighted its strong assets and growth potential. The company's higher price means ...

The Williams Companies, Inc. (WMB) has seen impressive growth this year, with its shares rising 27% year to date (YTD). This is remarkable, given that the broader oil-energy sector has experienced a 0.7% decline. Williams is one of the biggest names in U.S. natural gas infrastructure, running more than 33,000 miles of pipelines. The company plays a crucial role in moving natural gas from where the gas is produced to where needed, making money by charging fees for its transportation and storage services. Ima ...

The Williams Companies, Inc. (WMB) is on an ambitious path to expand its natural gas infrastructure with the addition of 12 projects representing approximately 4.2 billion cubic feet per day (bcfd) of capacity from 2024 to 2027. This announcement was made by CEO Alan Armstrong at the Barclays CEO Energy-Power Conference on Wednesday, according to Reuters. This latest expansion follows the Tulsa, OK-based leading oil and gas storage and transportation company's successful completion of 17 projects, which col ...

Summary of The Williams Companies, Inc. Conference Call Company Overview - The Williams Companies, Inc. is a natural gas-focused company handling approximately one-third of the nation's natural gas [3][4] - The company has maintained a natural gas strategy for over ten years, divesting from non-core assets [3] Industry Context - Natural gas is highlighted as a lower-cost fuel, being six times cheaper than crude oil and producing over half the emissions of refined products [4] - The U.S. is experiencing continued growth in industrial loads supported by strong fundamentals in the natural gas sector [4] Financial Performance - The company reported an 8% compound annual growth rate (CAGR) in adjusted EBITDA from 2018 to 2023 [7] - Earnings per share (EPS) grew at a rate of 19%, with dividends increasing at a 6% CAGR [7] - The company has consistently exceeded Wall Street consensus estimates for 34 consecutive quarters [7][8] Growth Projections - Williams anticipates a growth rate of 5% to 7% moving forward, supported by fully contracted business and a strong pipeline of projects [6][27] - The company has 11.5 billion cubic feet per day (Bcf/d) of new contracted business in the pipeline [9][10] Key Projects - The Southeast Supply Enhancement (SESE) project is expected to be a significant earnings addition, with a projected investment of approximately $1.5 billion [13] - The company is focused on projects that are fully contracted for 20 years, ensuring predictable revenue streams [14] Market Dynamics - S&P forecasts a tenfold increase in electricity growth this decade compared to the previous one, which will drive demand for natural gas [16] - The company is also seeing increased demand from data centers and AI projects, with several major projects underway in Virginia, Texas, and Wyoming [22][26] Renewable Energy Integration - The growth of renewable energy sources is expected to increase the demand for natural gas as a backup for intermittent resources [17][20] - The company is strategically positioned with storage capabilities to support LNG exports and renewable energy integration [18] Regulatory Environment - The company emphasizes the need for permitting reform to keep pace with energy demand, regardless of the political administration [30][31] - The Supreme Court's involvement in the NEPA review process is viewed positively for long-term permitting improvements [30] Cost and Supply Chain Considerations - Challenges are anticipated in the supply chain for electric components, particularly transformers, while pipeline laying labor remains stable [33][34] - The company is cautious about the impact of rising costs on project execution but remains focused on maintaining reliability in natural gas supply [33] M&A Strategy - Williams is focused on bolt-on transactions, particularly in storage and transmission, but is cautious about competing investments [38][39] - The company recently filed for a $400 million annual cost of service increase related to emission reduction projects [39] Conclusion - The Williams Companies, Inc. is well-positioned for future growth in the natural gas sector, with a strong pipeline of projects and a commitment to low-emission operations [27][28]

A month has gone by since the last earnings report for Williams Companies, Inc. (The) (WMB) . Shares have added about 6.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is The Williams Companies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Williams Q2 Earnings Bea ...

With the demand for data processing increasing due to the rapid expansion of artificial intelligence (AI) applications, data centers are facing unprecedented energy challenges. Natural gas is emerging as a pivotal solution in the power strategies of these facilities, offering the reliability, scalability and economic viability needed to support continuous and intensive data processing operations.Integrating natural gas with renewable energy sources allows data centers to balance sustainability goals with op ...

TimArbaevIntroduction "What about WMB?" This is a question I get a lot when covering midstream companies. Since the pandemic, we have discussed many midstream opportunities, as I have become a huge fan of the industry - especially because of its potential to deliver both income and growth. Before the pandemic, most midstream companies were money-losing corporations unloved by investors and pressured by extreme commodity price volatility. Back then, there was truly not a good reason to buy midstream oper ...

The Williams Companies, Inc. (WMB) reported second-quarter 2024 adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 39 cents. The Transmission & Gulf of Mexico and West segments delivered strong year-over-year results, leading to the outperformance. The bottom line also marginally increased from the year-ago period’s level of 42 cents per share despite the weak year-over-year performance of the Northeast G&P Segment.Williams’ revenues of $2.3 billion missed the Zacks Consensu ...

Williams Companies, Inc. (NYSE:WMB) Q2 2024 Earnings Conference Call August 6, 2024 9:30 AM ET Company Participants Danilo Juvane - VP, IR Alan Armstrong - President, CEO & Director John Porter - SVP & CFO Micheal Dunn - EVP & COO Chad Zamarin - EVP, Corporate Strategic Development Lane Wilson - General Counsel Conference Call Participants Praneeth Satish - Wells Fargo Jeremy Tonet - JPMorgan Spiro Dounis - Citibank Manav Gupta - UBS Neal Dingmann - Truist Securities Zack Van Everen - TPH & Company Robert C ...