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The Williams Companies, Inc. (WMB)

74.88 +0.61 (+0.82%)
At close: October 29 at 4:00:02 PM EDT
74.50 -0.38 (-0.51%)
Pre-Market: 9:18:00 AM EDT
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What's happening with WMB?

4m ago
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Williams is heading into its November 2, 2026, third-quarter earnings reportwith estimates pointing to higher earnings and revenue. Recent coverage centers on the $5.5 billion Momentum Midstream acquisition, expanding infrastructure spending, and a 5% dividend increase.

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  • Previous Close 74.27
  • Open 75.00
  • Bid 74.52 x 30000
  • Ask 76.10 x 40000
  • Day's Range 74.61 - 76.00
  • 52 Week Range 56.19 - 80.08
  • Volume 6,918,457
  • Avg. Volume 7,502,075
  • Market Cap (intraday) 91.591B
  • Beta (5Y Monthly) 0.66
  • PE Ratio (TTM) 29.83
  • EPS (TTM) 2.51
  • Earnings Date Nov 2, 2026
  • Forward Dividend & Yield 2.10 (2.80%)
  • 1y Target Est 85.38
  • Morningstar Rating Rating available with Stock Picks access

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission, Power & Gulf segment comprises Transco, NWP, and Mountain West interstate natural gas pipelines, and their related natural gas storage facilities, as well as natural gas gathering and processing; and crude oil production handling and transportation assets in the Gulf Coast region. 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 consists of 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, the Mid-Continent region that includes the Anadarko and Permian basins, and the DJ Basin of Colorado; and operates natural gas liquid (NGL) fractionation and storage assets 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; asset management services; and transports and markets NGLs. The company owns and operates approximately 32,000 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

www.williams.com

5,987

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WMB
27.31%
S&P 500 (^GSPC)
12.78%

1-Year Return

WMB
35.42%
S&P 500 (^GSPC)
12.04%

3-Year Return

WMB
146.02%
S&P 500 (^GSPC)
87.51%

5-Year Return

WMB
232.08%
S&P 500 (^GSPC)
67.64%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 3.05B
Earnings 827M
Profit Margin 27.09%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
1B
2B
3B
24.0%
26.0%
28.0%

Analyst Insights

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Analyst Price Targets

69.00 Low
85.38 Average
74.88 Current
103.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/22/2026
Analyst CIBC
Rating Action Maintains
Rating Outperformer
Price Action Lowers
Price Target 85 -> 82

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    24.94%

  • Return on Assets (ttm)

    5.03%

  • Return on Equity (ttm)

    21.50%

  • Revenue (ttm)

    12.32B

  • Net Income Avi to Common (ttm)

    3.07B

  • Diluted EPS (ttm)

    2.51

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    203M

  • Total Debt/Equity (mrq)

    200.37%

  • Levered Free Cash Flow (ttm)

    -1.52B

Company Insights

Research Reports

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