Williams Companies Earnings: Guidance Maintained As Power Projects Enter Service
Williams reported adjusted EBITDA of $2.04 billion, in line with PitchBook consensus.
Williams Companies Inc WMB
Bulls Say, Bears Say
Bulls
The Transco pipeline is irreplaceable and will attract substantial growth capital as natural gas demand grows in its path.
Bears
Natural gas pipelines are being built at a record pace, risking overcapacity should demand turn over.
News
Refining Margins Widen and LNG Equipment Orders Land as WTI Settles Near $96
Williams Delivers Strong Third-Quarter 2026 Results
Williams Announces Quarterly Cash Dividend
Williams to Report Third-Quarter 2026 Financial Results on Nov. 2; Earnings Conference Call and Webcast Scheduled for Nov. 3
At $100 Oil, the Deal Flow Moved to Pipelines and Producing Wells
Williams Prices $2.75 Billion of Senior Notes
Williams Completes Acquisition of Momentum Midstream
Williams Gets $5.34 Billion Investment from Blackstone-led Group
Trading Information
- Previous Close Price
- $66.45
- Day Range
- $65.41–68.29
- 52-Week Range
- $58.09–80.08
- Bid/Ask
- $66.66 / $67.80
- Shares Outstanding
- 1.25B
- Market Cap
- $84.34B
- Volume/Avg
- 11M / 8M
Key Statistics
- Price/Earnings (Normalized)
- 27.41
- Price/Sales
- 6.63
- Dividend Yield (Trailing)
- 3.08%
- Dividend Yield (Forward)
- 3.11%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 3.08%
Company Profile
Williams operates the Transco pipeline, which connects the Gulf Coast to the Northeast United States. It has additional natural gas transmission pipelines connecting the Rockies to the Pacific Northwest and midcontinent. At the field level, it operates substantial gathering and processing assets in Appalachia and other basins. The company has also struck several power supply agreements.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 5,987
- Website
- https://www.williams.com
Competitors
Valuation
Metric | WMB | ENB | ET |
|---|---|---|---|
Price/Earnings (Normalized) | 27.41 | 22.29 | 11.64 |
Price/Book Value | 5.38 | 2.49 | 2.09 |
Price/Sales | 6.63 | 1.61 | 0.54 |
Price/Cash Flow | 12.37 | 10.45 | 4.70 |
Price/Earnings
WMB
ENB
ET
Financial Strength
Metric | WMB | ENB | ET |
|---|---|---|---|
Quick Ratio | 0.61 | 0.54 | 0.88 |
Current Ratio | 0.75 | 0.81 | 1.16 |
Interest Coverage | 3.83 | 2.78 | 3.20 |
Quick Ratio
WMB
ENB
ET
Profitability
Metric | WMB | ENB | ET |
|---|---|---|---|
Return on Assets (Normalized) | 4.66% | 2.87% | 5.76% |
Return on Equity (Normalized) | 21.20% | 11.17% | 26.21% |
Return on Invested Capital (Normalized) | 8.49% | 5.87% | 9.85% |
Return on Assets
WMB
ENB
ET
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United States