WMB - The Williams Companies, Inc.

NYSE - NYSE Delayed price. Currency in USD
19.22
-0.03 (-0.16%)
At close: 4:02PM EST
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Previous close19.25
Open19.39
Bid0.00 x 1800
Ask19.65 x 2900
Day's range19.11 - 19.83
52-week range19.11 - 29.55
Volume16,977,583
Avg. volume10,958,124
Market cap23.304B
Beta (5Y monthly)1.55
PE ratio (TTM)27.54
EPS (TTM)0.70
Earnings date28 Apr 2020 - 03 May 2020
Forward dividend & yield1.60 (8.31%)
Ex-dividend date11 Mar 2020
1y target est27.17
  • Oil & Gas Stock Roundup: Williams, Concho & Pioneer Natural Report Q4 Earnings
    Zacks

    Oil & Gas Stock Roundup: Williams, Concho & Pioneer Natural Report Q4 Earnings

    Premier Permian producers Pioneer Natural Resources (PXD) and Concho Resources (CXO) not only beat Q4 expectations but also boosted their quarterly dividends.

  • Bloomberg

    Energy Transfer Says CEO of Williams Secretly Undermined Takeover

    (Bloomberg) -- Energy Transfer LP claims Williams Cos.’s chief executive officer covertly undermined one of the pipeline industry’s biggest-ever takeovers and then sought to cover his tracks as the $33 billion deal imploded.Williams CEO Alan Armstrong used a personal email account and private meetings to help a former employee mount a legal challenge to a merger publicly supported by Williams’ board, Energy Transfer said in a Delaware Court of Chancery filing. Armstrong’s efforts amounted to “overt steps to scuttle the merger,” according to the filing.A Williams representative called the allegations “unfounded” and said they represent an attempt by Energy Transfer “to avoid the consequences of its own conduct.” Williams believes it’s “entitled to judgment in its favor,” according to an emailed statement.Energy Transfer and Williams have been sparring over a $1.5 billion breakup fee since June 2016, when a combination that would have created the nation’s largest natural gas transporter fell through in one of the industry’s most notorious failures. Williams argued Energy Transfer was unfairly trying to exact the breakup fee after abandoning the deal.This latest argument by Energy Transfer seeks to convince a Delaware judge that Williams was in breach of the merger agreement, and that that absolves Energy Transfer from having to pay anything.Crippled DealJohn Bumgarner, the former Williams senior vice president and a shareholder at the time of the proposed merger, said Armstrong had nothing to do with the class-action lawsuit he filed in January 2016.“I filed that lawsuit all by myself,” Bumgarner said by telephone on Thursday from Tulsa, Oklahoma.Williams argued that Energy Transfer, a creation of billionaire Kelcy Warren, invoked a tax flaw as a cover for having buyer’s remorse as oil plunged. But the court sided with Energy Transfer, saying that while its finding of a tax flaw raised questions, it did in fact cripple the deal.Now, Energy Transfer is arguing that Armstrong had been working behind the scenes with Bumgarner to inform his lawsuit and conduct a “PR campaign” against the merger. Energy Transfer said those communications showed that Williams was the one that wanted out of the deal.Beginning in December 2015, Armstrong and Bumgarner exchanged “numerous emails,” the filing said, “often using Armstrong’s personal Gmail account or a Cox Communications account that he shared with his wife.” Those communications weren’t disclosed in subsequent legal proceedings and Armstrong later deleted the Gmail account, Energy Transfer alleged.Non-Public InfoEnergy Transfer said the emails centered around non-public details of the merger that later appeared in Bumgarner’s lawsuit seeking to cancel the deal. In the interview, Bumgarner said Armstrong was only trying to get him to leave Williams out of the lawsuit, arguing that the language Bumgarner was contesting was written by Energy Transfer and not Williams.When the merger was officially terminated, Armstrong and Bumgarner met for happy hour, according to the filing. “Bumgarner followed up with an email to Armstrong two days later, referring to their ‘team’ efforts during the past 6 months,” Energy Transfer said.“I don’t know what we were talking about,” Bumgarner said during the interview. “We worked together at the same company for a long time. I see him socially at the country club. I see him at United Way events. Tulsa is not a very big town.”\--With assistance from Jef Feeley.To contact the reporter on this story: Rachel Adams-Heard in Houston at radamsheard@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Joe Carroll, Steven FrankFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Williams (WMB) Misses Q4 Earnings Estimates, Tops on Revenues
    Zacks

    Williams (WMB) Misses Q4 Earnings Estimates, Tops on Revenues

    Williams Companies' (WMB) gathered volumes in the fourth quarter were up 10% year over year to a record 13.3 billion cubic feet per day.

  • Business Wire

    Williams Reports Fourth-Quarter and Full-Year 2019 Financial Results

    Williams (NYSE:WMB) announces unaudited fourth-quarter and full-year 2019 financial results.

  • Why Williams (WMB) Might Surprise This Earnings Season
    Zacks

    Why Williams (WMB) Might Surprise This Earnings Season

    Williams (WMB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • Transco Growth Projects to Aid Williams' (WMB) Q4 Earnings
    Zacks

    Transco Growth Projects to Aid Williams' (WMB) Q4 Earnings

    In Q4, Williams Companies (WMB) is expected to have gained from additional volumes from the expansion projects around its core Transco pipeline system.

  • Williams Companies, Inc. (The) (WMB) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    Williams Companies, Inc. (The) (WMB) Reports Next Week: Wall Street Expects Earnings Growth

    Williams Companies, Inc. (The) (WMB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    Williams to Report Fourth-Quarter and Full-Year 2019 Financial Results on Feb. 19; Earnings Conference Call and Webcast Scheduled for Feb. 20

    Williams to Report Fourth-Quarter and Full-Year 2019 Financial Results on Feb. 19

  • Business Wire

    Williams Announces Participation in The Environmental Partnership

    Williams joins The Environmental Partnership, continuing its focus on responsible stewardship.

  • Business Wire

    Williams Announces Quarterly Cash Dividend

    Williams Announces Quarterly Cash Dividend

  • Why Williams Companies, Inc. (The) (WMB) is Poised to Beat Earnings Estimates Again
    Zacks

    Why Williams Companies, Inc. (The) (WMB) is Poised to Beat Earnings Estimates Again

    Williams Companies, Inc. (The) (WMB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Why We’re Not Impressed By The Williams Companies, Inc.’s (NYSE:WMB) 5.4% ROCE
    Simply Wall St.

    Why We’re Not Impressed By The Williams Companies, Inc.’s (NYSE:WMB) 5.4% ROCE

    Today we are going to look at The Williams Companies, Inc. (NYSE:WMB) to see whether it might be an attractive...

  • Investing.com

    Premarket London: Pearson Revenue Flat, CFO Departs; Whitbread Sales Dip

    Investing.com - Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the UK market open on Thursday 16 January. Please refresh for updates for UK market news from the LSE’s RNS on individual UK shares from FTSE 100, FTSE 250 and FTSE All-Share.

  • Investing.com

    Day Ahead: Top 3 Things to Watch for Jan. 9

    Investing.com - Here are 3 things that could rock the markets tomorrow.

  • Oil & Gas Stock Roundup: ExxonMobil's Q4 Update, Core Labs' Dividend Cut & More
    Zacks

    Oil & Gas Stock Roundup: ExxonMobil's Q4 Update, Core Labs' Dividend Cut & More

    Supermajor ExxonMobil (XOM) issued an update on its upcoming fourth-quarter earnings. Meanwhile, Core Labs (CLB) slashed its dividend by 55% and lowered fourth-quarter guidance.

  • Williams (WMB) Completes Gateway Project Way Before Due Date
    Zacks

    Williams (WMB) Completes Gateway Project Way Before Due Date

    With this project, Williams (WMB) will aid almost 280,000 households with daily residential home heating, warm water and cooking needs, thus prompting customers to shift from heating oil to natural gas.

  • Business Wire

    Williams Announces FERC Filing for Transco Rate Case Settlement

    Williams (NYSE: WMB) announced today that it has filed a comprehensive Stipulation and Agreement ("Settlement") with the Federal Energy Regulatory Commission ("FERC"), which would settle all aspects of the Transcontinental Gas Pipe Line Company, LLC ("Transco") rate case currently pending before the FERC. The company anticipates FERC approval of the Settlement during the second quarter of 2020. The Settlement provides rate certainty for customers while allowing Transco to recover its costs, safely and reliably operate its infrastructure, and expand to meet the needs of its customers.

  • Business Wire

    Williams Completes Gateway Expansion Project Ahead of Schedule to Help Serve Growing Demand for Natural Gas in Northeastern U.S.

    Williams (NYSE: WMB) announced today that it has successfully placed into full service its Gateway Expansion Project – approximately 11 months ahead of schedule – to meet growing natural gas demand for New Jersey tri-state area consumers in time for the 2019-2020 winter heating season.

  • Oil Up On OPEC Optimism
    Oilprice.com

    Oil Up On OPEC Optimism

    While broader financial markets struggle on the back of deteriorating trade talks, oil prices were up on Tuesday morning on hopes of a further OPEC+ production cut

  • Reuters - UK Focus

    UPDATE 2-National Grid to pay $36 mln and lift natgas moratorium after NY settlement

    National Grid Plc on Monday agreed to pay $36 million in response to an ultimatum from New York Governor Andrew Cuomo and compensate natural gas customers in New York City and Long Island that were adversely impacted by a moratorium. National Grid, which will invest most of that money in new energy conservation and clean energy projects, said in a statement it will immediately lift the moratorium on signing up new gas customers for about two years.

  • Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull
    Zacks

    Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull

    Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull

  • Reuters - UK Focus

    N.Y. governor threatens to revoke National Grid's natgas certificate

    The governor, in a statement, cited National Grid's imposition of a moratorium on new customers, failure to address supply issues and the neglect of the needs of customers. In May, National Grid announced a moratorium on new gas customers in New York City and Long Island after New York regulators rejected a pipeline that Williams Cos Inc wants to build that will provide gas to National Grid's downstate customers.

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