Williams Cos. Shares Drop 0.65% Despite Mixed Trading Session for S&P 500

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On Thursday, the S&P 500 experienced a mixed trading session, however, the Williams Cos. saw its shares fall 0.65% to $29.08. The Williams Cos. is a leading energy infrastructure business based in Tulsa, Oklahoma, with operations across North America. They are one of the largest diversified natural gas and related energy companies in the United States. They are involved in everything from exploration and production to gas processing and storage, plus midstream, downstream and marketing activities.

The company has several subsidiaries within its portfolio including Williams Pipeline Partners LP, Williams Partners LP, Access Midstream Partners LP, Williams Energy Services LLC and The Williams Companies ($NYSE:WMB) Inc. Its core businesses provide essential services to their customers and have recently become increasingly involved in renewable energy. The company is faced with multiple challenges in the near-term as it transitions from traditional energy to renewable sources of energy. As they work to make this transition, investors will likely monitor the performance of the company closely to gauge how well they are doing in making this shift.

Analysis

At GoodWhale, we analyze the fundamentals of WILLIAMS COMPANIES and our Star Chart technology provides us with a comprehensive overview of the company’s financial health. The result is a high score of 7/10 in terms of its cash flows and debt, indicating that WILLIAMS COMPANIES is likely to be able to ride out any economic crisis safely without the risk of bankruptcy. Furthermore, we have classified WILLIAMS COMPANIES as a ‘cheetah’ type of company. This means that it has achieved high levels of revenue or earnings growth, yet still maintain a certain level of stability due to its lower profitability. This type of company would be attractive to investors looking for an opportunity to gain exposure to a rapidly growing business. The Star Chart reveals that WILLIAMS COMPANIES is strong in dividend, growth, and medium in asset and profitability. This means that it is an attractive investment option for investors seeking income and growth potential. Additionally, due to its moderate asset and profitability scores, it is also suitable for investors who are looking for a balanced portfolio. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Williams Companies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Williams Companies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Williams Companies. More…

Key Ratios Snapshot

Some of the financial key ratios for Williams Companies are shown below. More…

Peers

The Williams Companies Inc is a publicly traded company that is engaged in energy transportation and infrastructure development. The company operates through its subsidiaries in three segments: Williams Partners, Williams NGL and Williams Midstream. The company’s headquarters are in Tulsa, Oklahoma.

The company’s main competitors are Kinder Morgan Inc, ONEOK Inc, Enterprise Products Partners LP. These companies are all engaged in the energy transportation and infrastructure development business.

– Kinder Morgan Inc ($NYSE:KMI)

Kinder Morgan Inc., together with its subsidiaries, operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Products Pipelines, and Terminals. The Natural Gas Pipelines segment owns and operates natural gas pipelines and storage facilities. This segment also transports natural gas to electric power generation facilities, local distribution companies, direct industrial users, and natural gas marketers. The Products Pipelines segment owns and operates refined petroleum products pipelines and terminals. The Terminals segment owns and operates Terminals that provide storage, handling, and other services for petroleum products, chemicals, minerals, and other bulk materials. The company was founded in 1997 and is headquartered in Houston, Texas.

– ONEOK Inc ($NYSE:OKE)

ONEOK is one of the largest energy midstream service providers in the United States. The company has a market cap of $24.88B as of 2022 and a Return on Equity of 28.78%. ONEOK provides natural gas gathering, processing, storage, and transportation services to customers in the United States and Canada. The company also owns and operates natural gas liquids (NGL) gathering, processing, fractionation, and transportation systems.

– Enterprise Products Partners LP ($NYSE:EPD)

Enterprise Products Partners LP is a publicly traded partnership that owns, operates, develops, and acquires midstream energy assets in the United States. The company’s assets include natural gas pipelines, gathering and processing facilities, and storage terminals. Enterprise Products Partners LP is headquartered in Houston, Texas.

Summary

Williams Companies (WMB) saw their stock price drop 0.65% to $29.08 in Thursday’s trading session, following an overall mixed trading day in the stock market. WMB, an energy infrastructure company, has been a popular choice for investors looking to diversify their portfolios. WMB’s portfolio includes natural gas, natural gas liquids, and crude oil pipelines, gathering and processing assets, and an interstate natural gas transmission system.

Over the past year, WMB has been able to grow their revenues through strategic investments in natural gas pipeline infrastructure and other energy-related assets. Going forward, investors should continue to keep an eye on WMB for further growth opportunities as the energy sector looks to continue its rise.