Market Summary
USD29.86+0.45
Market Closed1.53%
WMB Stock Price
WMB RSI Chart
WMB Valuation
WMB Price/Sales (Trailing)
WMB Profitability
WMB Fundamentals
WMB Revenue
WMB Earnings
Price Action
52 Week Range
27.8037.54
(Low)(High)
Last 7 days
3.9%
Last 30 days
-0.3%
Last 90 days
-9.2%
Trailing 12 Months
-9.6%
WMB Financial Health
WMB Investor Care
Peers (Alternatives to Williams Companies)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ET | 40.6B | 89.9B | -2.50% | 21.06% | 8.97 | 1.48 | 33.31% | -13.05% |
KMI | 39.4B | 19.2B | 1.45% | -3.05% | 15.45 | 2.05 | 15.59% | 42.83% |
WMB | 36.4B | 11.0B | -0.27% | -9.60% | 17.76 | 3.32 | 3.18% | 35.07% |
CQP | 28.8B | 17.2B | -5.77% | -9.20% | 20.75 | 2.2 | 82.38% | 53.25% |
OKE | 28.4B | 22.4B | -3.96% | -5.85% | 16.5 | 1.27 | 35.35% | 14.84% |
| MID-CAP | ||||||||
DCP | 8.2B | 15.0B | -0.19% | 28.77% | 9.89 | 0.59 | 40.03% | 169.05% |
NFE | 6.2B | 2.4B | -11.75% | -30.93% | 31.72 | 2.61 | 79.03% | 100.28% |
ENLC | 5.1B | 9.5B | -3.13% | 16.06% | 14.21 | 0.54 | 42.72% | 1512.95% |
ETRN | 2.5B | 1.4B | -5.25% | -27.52% | -9.29 | 1.84 | 3.09% | 80.92% |
DKL | 2.1B | 1.0B | -4.99% | 13.90% | 12.97 | 1.99 | 47.87% | -3.50% |
| SMALL-CAP | ||||||||
NS | 1.7B | 226.0M | -0.51% | 17.39% | 7.75 | 7.63 | 436.62% | 482.73% |
VTNR | 747.6M | 2.8B | -2.37% | -0.60% | -155.04 | 0.27 | 2311.20% | 73.74% |
RTLR | 582.1M | 404.2M | 19.84% | 54.87% | 15.22 | 1.44 | -0.37% | 17.85% |
SMLP | 202.8M | 369.6M | -6.46% | 3.16% | -1.71 | 0.51 | -7.74% | -284.00% |
Financials for Williams Companies
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -2.9% | 10,965 | 11,292 | 10,746 | 10,539 | 10,627 |
| Operating Expenses | 4.1% | 1,817 | 1,745 | 1,668 | 1,582 | 1,548 |
| S&GA Expenses | -1.5% | 636 | 646 | 635 | 589 | 558 |
| Costs and Expenses | -5.5% | 7,947 | 8,409 | 8,328 | 7,993 | 7,996 |
| EBITDA | 3.1% | 5,704 | 5,530 | 5,027 | 5,080 | - |
| EBITDA Margin | 6.2% | 0.52* | 0.49* | 0.47* | 0.48* | - |
| Earnings Before Taxes | 5.1% | 2,542 | 2,419 | 1,928 | 2,007 | 2,073 |
| EBT Margin | 8.2% | 0.23* | 0.21* | 0.18* | 0.19* | - |
| Interest Expenses | -0.1% | 1,153 | 1,154 | 1,171 | 1,179 | - |
| Net Income | 2.3% | 2,049 | 2,002 | 1,567 | 1,471 | 1,517 |
| Net Income Margin | 5.4% | 0.19* | 0.18* | 0.15* | 0.14* | - |
| Free Cahsflow | -14.4% | 2,636 | 3,080 | 2,993 | 2,842 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -0.5% | 48,433 | 48,672 | 47,555 | 46,049 | 47,612 |
| Current Assets | -14.4% | 3,797 | 4,438 | 3,787 | 3,154 | 4,549 |
| Cash Equivalents | -82.3% | 152 | 859 | 133 | 604 | 1,680 |
| Inventory | -28.4% | 320 | 447 | 371 | 201 | 379 |
| Net PPE | 1.8% | 30,889 | 30,338 | 29,660 | 29,186 | 29,258 |
| Current Liabilities | -2.5% | 4,890 | 5,017 | 5,838 | 4,308 | 4,972 |
| Long Term Debt | -2.7% | 21,927 | 22,530 | 20,800 | 20,801 | 21,650 |
| Shareholder's Equity | 1.5% | 11,485 | 11,319 | 13,836 | 13,971 | 11,423 |
| Retained Earnings | 1.1% | -13,271 | -13,419 | -13,498 | -13,378 | -13,237 |
| Additional Paid-In Capital | 0.1% | 24,542 | 24,527 | 24,500 | 24,476 | 24,449 |
| Accumulated Depreciation | 2.0% | 15,848 | 15,535 | 15,230 | 14,926 | - |
| Shares Outstanding | 0.0% | 1,219 | 1,219 | 1,217 | - | - |
| Minority Interest | -1.2% | 2,560 | 2,591 | 2,610 | 2,655 | 2,678 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 1.7% | 4,889 | 4,809 | 4,153 | 4,112 | 3,945 |
| Share Based Compensation | -7.6% | 73.00 | 79.00 | 78.00 | 82.00 | 81.00 |
| Cashflow From Investing | -16.7% | -3,375 | -2,892 | -2,417 | -1,568 | -1,465 |
| Cashflow From Financing | -139.2% | -3,042 | -1,272 | -2,804 | -3,066 | -942 |
| Dividend Payments | 1.0% | 2,071 | 2,051 | 2,031 | 2,012 | 1,992 |
Risks for WMB
What is the probability of a big loss on WMB?
69.2%
Probability that Williams Companies stock will be more than 20% underwater in next one year
33.1%
Probability that Williams Companies stock will be more than 30% underwater in next one year.
18.9%
Probability that Williams Companies stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does WMB drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Williams Companies was unfortunately bought at previous high price.
Drawdowns
Returns for WMB
Cumulative Returns on WMB
3.1%
10-Year Cumulative Returns
15.7%
7-Year Cumulative Returns
9.5%
5-Year Cumulative Returns
34.6%
3-Year Cumulative Returns
What are the long-term rolling returns for WMB?
FIve years rolling returns for Williams Companies.
Annualized Returns
Which funds bought or sold WMB recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.65 | 1,205,470 | 10,465,100 | 0.08% |
2023-03-17 | American Portfolios Advisors | added | 203 | 826,118 | 1,289,080 | 0.06% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -15.93 | -258,384 | 7,336,620 | 0.21% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.45 | 5,957,040 | 55,198,000 | 0.06% |
2023-03-10 | MATHER GROUP, LLC. | new | - | 760,786 | 760,786 | 0.01% |
2023-03-07 | Nordwand Advisors, LLC | new | - | 413,421 | 413,421 | 0.05% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 5,400,920 | 5,400,920 | 1.38% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 0.57 | 3,087,000 | 22,922,000 | 0.12% |
2023-03-06 | OLD MISSION CAPITAL LLC | new | - | 287,381 | 287,381 | 0.01% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 121,039 | 121,039 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Williams Companies News
Schedule 13G FIlings of Williams Companies
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | dodge & cox | 3.2% | 39,357,265 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.50% | 127,907,931 | SC 13G/A | |
| Feb 07, 2023 | state street corp | 7.19% | 87,606,614 | SC 13G/A | |
| Jan 30, 2023 | blackrock inc. | 9.9% | 120,886,311 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.9% | 120,886,311 | SC 13G/A | |
| Jul 08, 2022 | blackrock inc. | 10.0% | 122,018,478 | SC 13G/A | |
| Mar 09, 2022 | vanguard group inc | 10.09% | 122,619,577 | SC 13G/A | |
| Feb 14, 2022 | state street corp | 6.91% | 83,916,895 | SC 13G/A | |
| Feb 14, 2022 | dodge & cox | 5.9% | 71,423,866 | SC 13G | |
| Feb 09, 2022 | vanguard group inc | 9.52% | 115,664,788 | SC 13G/A |
WMB Fair Value
Williams Companies fair value in different scenarios
The table shows the Fair Value estimates for Williams Companies for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 13.06 -56.26% | 17.64 -40.92% | 24.91 -16.58% | 31.67 6.06% | 40.19 34.59% |
| Current Inflation | 10.64 -64.37% | 13.55 -54.62% | 19.61 -34.33% | 24.46 -18.08% | 30.44 1.94% |
| Very High Inflation | 10.71 -64.13% | 13.86 -53.58% | 18.58 -37.78% | 23.16 -22.44% | 28.83 -3.45% |
Historical Williams Companies Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Williams Companies
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 16, 2023 | ARS | ARS | |
| Mar 16, 2023 | DEF 14A | DEF 14A | |
| Mar 16, 2023 | DEFA14A | DEFA14A | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 8-K | Current Report | |
| Mar 02, 2023 | 8-K | Current Report | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 01, 2023 | 424B2 | Prospectus Filed |
Latest Insider Trading transactions for WMB
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-14 | SPENCE WILLIAM H | bought | 148,043 | 29.6086 | 5,000 | - |
2023-03-14 | Smith Murray D | bought | 11,864 | 29.66 | 400 | - |
2023-03-14 | BERGSTROM STEPHEN W | bought | 199,955 | 29.00 | 6,895 | - |
2023-03-01 | Lockhart Carri A. | acquired | - | - | 1,461 | - |
2023-02-27 | Larsen Larry C | sold | -592,825 | 31.18 | -19,013 | senior vice president |
2023-02-24 | Zamarin Chad J. | sold (taxes) | -2,959,320 | 31.18 | -94,911 | executive vice president csd |
2023-02-24 | Porter John Dean | acquired | 546,772 | 31.18 | 17,536 | vp, controller & cao |
2023-02-24 | Dunn Micheal G. | acquired | 6,335,840 | 31.18 | 203,202 | executive vice president & coo |
2023-02-24 | ARMSTRONG ALAN S | acquired | 17,279,600 | 31.18 | 554,188 | president & ceo |
2023-02-24 | Hallam Scott A. | sold (taxes) | -1,478,740 | 31.18 | -47,426 | svp transmission & gulf of mex |
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
WMB Income Statement
2022-12-31Consolidated Statement of Income - USD ($) shares in Thousands, $ in Millions | 12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||
| Revenues: | |||||
| Revenues | $ 10,965 | $ 10,627 | $ 7,719 | ||
| Costs and expenses: | |||||
| Operating and maintenance expenses | 1,817 | 1,548 | 1,326 | ||
| Depreciation and amortization expenses | 2,009 | 1,842 | 1,721 | ||
| Selling, general, and administrative expenses | 636 | 558 | 466 | ||
| Impairment of certain assets (Note 15) | 0 | 2 | 182 | ||
| Impairment of goodwill (Note 15) | 0 | 0 | 187 | ||
| Other (income) expense – net | 28 | 14 | 22 | ||
| Total costs and expenses | 7,947 | 7,996 | 5,517 | ||
| Operating income (loss) | 3,018 | 2,631 | 2,202 | ||
| Equity earnings (losses) (Note 8) | 637 | 608 | 328 | ||
| Impairment of equity-method investments (Note 15) | 0 | 0 | (1,046) | ||
| Other investing income (loss) – net | 16 | 7 | 8 | ||
| Interest incurred | (1,167) | (1,190) | (1,192) | ||
| Interest capitalized | 20 | 11 | 20 | ||
| Other income (expense) – net | 18 | 6 | (43) | ||
| Income (loss) before income taxes | 2,542 | 2,073 | 277 | ||
| Less: Provision (benefit) for income taxes | 425 | 511 | 79 | ||
| Net income (loss) | 2,117 | 1,562 | 198 | ||
| Less: Net income (loss) attributable to noncontrolling interests | 68 | 45 | (13) | ||
| Amounts attributable to The Williams Companies, Inc. available to common stockholders: | |||||
| Net income (loss) attributable to The Williams Companies, Inc. | 2,049 | 1,517 | 211 | ||
| Less: Preferred stock dividends | 3 | 3 | 3 | ||
| Net income (loss) available to common stockholders | $ 2,046 | $ 1,514 | $ 208 | ||
| Basic earnings (loss) per common share: | |||||
| Net income (loss) | $ 1.68 | $ 1.25 | $ 0.17 | ||
| Weighted-average shares (thousands) | 1,218,362 | 1,215,221 | 1,213,631 | ||
| Diluted earnings (loss) per common share: | |||||
| Net income (loss) | $ 1.67 | $ 1.24 | $ 0.17 | ||
| Weighted-average shares (thousands) | 1,222,672 | 1,218,215 | 1,215,165 | ||
| Service [Member] | |||||
| Revenues: | |||||
| Revenues | $ 6,536 | $ 6,001 | $ 5,924 | ||
| NonRegulated Service Commodity Consideration [Member] | |||||
| Revenues: | |||||
| Revenues | 260 | 238 | 129 | ||
| Product [Member] | |||||
| Revenues: | |||||
| Revenues | 4,556 | 4,536 | 1,671 | ||
| Energy Commodities and Service | |||||
| Revenues: | |||||
| Revenues | [1] | (387) | (148) | (5) | |
| Oil and Gas, Purchased [Member] | |||||
| Costs and expenses: | |||||
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | 3,369 | 3,931 | 1,545 | ||
| Natural Gas Purchased For Shrink [Member] | |||||
| Costs and expenses: | |||||
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $ 88 | $ 101 | $ 68 | ||
| |||||
WMB Balance Sheet
2022-12-31Consolidated Balance Sheet - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 152 | $ 1,680 |
| Trade accounts and other receivables | 2,729 | 1,986 |
| Allowance for doubtful accounts | (6) | (8) |
| Trade accounts and other receivables – net | 2,723 | 1,978 |
| Inventories | 320 | 379 |
| Derivative assets | 323 | 301 |
| Other current assets and deferred charges | 279 | 211 |
| Total current assets | 3,797 | 4,549 |
| Investments | 5,065 | 5,127 |
| Property, plant, and equipment – net | 30,889 | 29,258 |
| Intangible assets – net of accumulated amortization | 7,363 | 7,402 |
| Regulatory assets, deferred charges, and other | 1,319 | 1,276 |
| Total assets | 48,433 | 47,612 |
| Current liabilities: | ||
| Accounts payable | 2,327 | 1,746 |
| Derivative Liability, Current | 316 | 166 |
| Accrued and other current liabilities | 1,270 | 1,035 |
| Commercial Paper | 350 | 0 |
| Long-term debt due within one year | 627 | 2,025 |
| Total current liabilities | 4,890 | 4,972 |
| Long-term debt | 21,927 | 21,650 |
| Deferred income tax liabilities | 2,887 | 2,453 |
| Regulatory liabilities, deferred income, and other | 4,684 | 4,436 |
| Contingent liabilities and commitments (Note 17) | ||
| Stockholders’ equity: | ||
| Preferred stock ($1 par value; 30 million shares authorized at December 31, 2022 and December 31, 2021; 35,000 shares issued at December 31, 2022 and December 31, 2021) | 35 | 35 |
| Common stock ($1 par value; 1,470 million shares authorized at December 31, 2022 and December 31, 2021; 1,253 million shares issued at December 31, 2022 and 1,250 million shares issued at December 31, 2021) | 1,253 | 1,250 |
| Capital in excess of par value | 24,542 | 24,449 |
| Retained deficit | (13,271) | (13,237) |
| Accumulated other comprehensive income (loss) | (24) | (33) |
| Treasury stock, at cost (35 million shares of common stock) | (1,050) | (1,041) |
| Total stockholders’ equity | 11,485 | 11,423 |
| Noncontrolling interests in consolidated subsidiaries | 2,560 | 2,678 |
| Total equity | 14,045 | 14,101 |
| Total liabilities and equity | $ 48,433 | $ 47,612 |