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]

Trevor Williams/DigitalVision via Getty Images The Williams Companies (WMB) is an American, Oklahoma based energy company. The company, with a market cap of more than $40 billion, has major natural gas processing and transportation assets. As we'll see throughout this article, the company's impressive assets will enable the company to continue driving additional shareholder returns. Williams Companies Overview The company has a strong portfolio of assets, and has continued to perform well. Williams Companie ...

Group 1 - Williams has completed the acquisition of a portfolio of natural gas storage assets from Hartree Partners LP for $1.95 billion, which includes six underground storage facilities in Louisiana and Mississippi with a total capacity of 115 billion cubic feet (Bcf) [1][2] - The acquisition also includes 230 miles of gas transmission pipeline and 30 pipeline interconnects to key markets, including LNG markets, and connections to Transco, the largest natural gas transmission pipeline in the U.S. [1][2] - The acquisition price reflects an approximate 10x estimated 2024 EBITDA multiple, indicating a strategic investment in the growing natural gas sector [1] Group 2 - The six storage facilities consist of four salt domes with a combined capacity of 92 Bcf and two depleted reservoirs with a combined capacity of 23 Bcf, featuring an injection capacity of 5 Bcf/d and a withdrawal capacity of 7.9 Bcf/d, among the highest in the U.S. [2] - The acquisition is expected to enhance Williams' transportation network, addressing the growing demand for natural gas driven by LNG exports and power generation [2] - Williams aims to integrate the Hartree team and the new storage platform into its existing natural gas transportation and marketing services, thereby delivering additional value to shareholders [2]

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that it has priced a public offering of $1.1 billion of its 4.900% Senior Notes due 2029 at a price of 99.839 percent of par and $1.0 billion of its 5.150% Senior Notes due 2034 at a price of 99.975 percent of par. The expected settlement date for the offering is January 5, 2024, subject to the satisfaction of customary closing conditions. Williams intends to use the net proceeds of the offering for general corporate purposes, which may in ...