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Williams Companies Inc   (WMB)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $37.2200 $0.22 0.595%
Day's High: $37.16 Week Perf: 1.33 %
Day's Low: $ 36.99 30 Day Perf: 8.86 %
Volume (M): 166 52 Wk High: $ 37.45
Volume (M$): $ 6,159 52 Wk Avg: $33.36
Open: $36.71 52 Wk Low: $27.80



 Market Capitalization (Millions $) 45,466
 Shares Outstanding (Millions) 1,222
 Employees 4,783
 Revenues (TTM) (Millions $) 10,907
 Net Income (TTM) (Millions $) 3,303
 Cash Flow (TTM) (Millions $) 1,998
 Capital Exp. (TTM) (Millions $) 2,516

Williams Companies Inc
We are a natural gas company originally incorporated under the laws of the state of Nevada in 1949 and reincorporated under the laws of the state of Delaware in 1987. We were founded in 1908 when two Williams brothers began a construction company in Fort'Smith, Arkansas.

Today, we primarily find, produce, gather, process and transport natural gas. Our operations stretch across the country and serve the Northwest, California, Rocky Mountains, Gulf Coast and Eastern Seaboard markets.

Substantially all of our operations are conducted through our subsidiaries. To achieve organizational and operating efficiencies, our activities are primarily operated through our wholly-owned subsidiary, Williams Power Company; our interstate natural gas pipelines and pipeline joint venture investments are organized under our wholly-owned subsidiary, Williams Gas Pipeline Company, LLC; our Exploration' & Production business is operated through several wholly-owned subsidiaries including Williams Production Company LLC and Williams Production RMT Company; our Midstream business is operated primarily through wholly-owned subsidiaries including Williams Field Services Group, Inc. and Williams Natural Gas Liquids, Inc.; and our previously reported Petroleum Services and International segments are now reported under our Other segment. This report is organized to reflect this structure.

Our business segments include Power, Gas Pipeline, Exploration'& Production, Midstream, and Other.

Our domestic gas gathering and processing customers are generally natural gas producers who have proved and/or producing natural gas fields in the areas surrounding our infrastructure. Our top four gathering and processing customers accounted for about one-third (1/3) of our domestic gathering revenue and processing gross margin. Our gathering and processing agreements are generally long-term agreements.

In addition to our gathering and processing operations, we also market natural gas liquids and petrochemical products to a wide range of users in the energy and petrochemical industries. We provide these products to third parties from the production at our domestic facilities. The majority of domestic sales are based on supply contracts of less than one-year in duration. Our Canadian operations sell the ethane produced from the Canadian facilities to third party end users and the plant operator markets the remainder of the products. Our Canadian ethane sales contracts are typically long-term in nature.

Competition and market environment

We compete directly with large independent energy marketers, marketing affiliates of regulated pipelines and utilities and natural gas producers. We also compete with both brokerage houses and other energy-based companies offering similar services. Since 2002, we have fewer competitors due to the exit of independent energy marketers from the marketplace and the exit of utilities from financial merchant activities. We anticipate more competition in the future from brokerage houses, which are increasing their trading activity.

The FERC has taken various actions to strengthen market forces in the natural gas pipeline industry which has led to increased competition throughout the industry. In a number of key markets, interstate pipelines are now facing competitive pressures from other major pipeline systems, enabling local distribution companies and end users to choose a supplier or switch suppliers based on the short-term price of gas and the cost of transportation.

We expect competition for natural gas transportation to continue to intensify in future years due to increased customer access to other pipelines, rate , competitiveness among pipelines, customers' desire to have more than one transporter, shorter contract terms and regulatory developments. Future utilization of pipeline capacity will depend on competition from other pipelines, use of alternative fuels, the general level of natural gas demand and weather conditions.

Electricity and distillate fuel oil are the primary competitive forms of energy for residential and commercial markets. Coal and residual fuel oil compete for industrial and electric generation markets. Nuclear and hydroelectric power and power purchased from electric transmission grid arrangements among electric utilities also compete with gas-fired electric generation in certain markets.'

The natural gas industry is highly competitive. We compete in the areas of property acquisitions and the development, production and marketing of, and exploration for, natural gas with major oil companies, other independent oil and natural gas concerns and individual producers and operators. We also compete with major and independent oil and gas concerns in recruiting and retaining qualified employees.

The gathering and processing business is a regional business with varying competitive factors in each basin. Our gathering and processing business competes with other midstream companies, interstate and intrastate pipelines, master limited partnerships (MLP), producers and independent gatherers and processors. We primarily compete with five to ten companies across all basins in which we provide services. Our focus is to provide our customers with reliable service at a competitive price.

Numerous factors impact any given customer's choice of a gathering or processing services provider, including rate, location, term, timeliness of well connections, pressure obligations and the willingness of the provider to process for either a fee or for liquids taken in-kind. Our gathering and processing services are generally covered by long-term contracts with applicable acreage or reserve dedications. The active drilling programs near our relatively large positions in the San'Juan Basin, Wyoming area and Gulf Coast Region are indicators that demand for future gathering and processing infrastructure and services should continue.



   Company Address: One Williams Center Tulsa 74172 OK
   Company Phone Number: 945-5426   Stock Exchange / Ticker: NYSE WMB
   


Customers Net Income fell by WMB's Customers Net Profit Margin grew to

-3.39 %

5.95 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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• View Complete Report
   



Williams Companies Inc

Headline:Williams Companies Inc. Reports 71.12% Increase in Income Despite Revenue Decline

In a surprising turn of events, despite a decline in revenue by 4.983% to $2.78 billion, Williams Companies Inc., a leading natural gas infrastructure company, managed to improve its earnings per share (EPS). The income per share skyrocketed by 71.12%, reaching $0.93 per share. This can be seen as a positive development for the company, indicating its ability to generate higher profits despite lower revenue.
Comparing the results to the previous reporting season, Williams Companies Inc. witnessed a remarkable increase in both revenue and EPS. Revenue advanced by 8.792% from $2.56 billion, while EPS soared by an impressive 72.21% from $0.54 per share. These numbers reflect the company's strong performance and indicate its ability to continuously grow its earnings, even in challenging market conditions.

Merger and Acquisition

Williams Bolsters Natural Gas Footprint with $1.95 Billion Acquisition of Hartree Partners' Storage Assets

Published Wed, Jan 3 2024 9:15 PM UTC

Breaking News: Williams Completes $1.95 Billion Acquisition of Natural Gas Storage Assets from Hartree Partners LP
TULSA, Okla. - In a major development in the energy sector, Williams (NYSE: WMB) has successfully completed its acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for a whopping sum of $1.95 billion. The transac...

Financing Agreement

Williams Capitalizes on Successful $2.1 Billion Senior Notes Offering as Q3 Performance Reaches a Record High

Published Wed, Jan 3 2024 12:42 AM UTC



In a recent announcement, Tulsa-based energy firm Williams Companies Inc. (NYSE: WMB) revealed the pricing of its public offering of Senior Notes worth $2.1 billion. Simultaneously, the company reported a remarkable 10.14% increase in income during the third quarter of 2023. With these significant developments, Williams continues to showcase its financial stability...

Williams Companies Inc

Williams Companies Inc Faces Steep -15.293% Revenue Decrease in Difficult Business Environment During Third Quarter of 2023 Earnings Season



Williams Companies Inc, a renowned firm in the energy sector, recently released its financial results for the most recent fiscal period. While some key metrics witnessed remarkable growth, others experienced a decline. This article aims to delve into the facts and assess their potential impact on the company's future prospects.
Income and Earnings Per Share:
Williams Companies Inc recorded a significant improvement in income per share, with a growth of 10.2% compared to the previous year. This increase showcases the company's consistent performance and ability to generate sustainable returns. Moreover, earnings per share soared by an impressive 42.11% from the preceding reporting season, indicating the potential for strong profitability in the near future.

Williams Companies Inc

Spectacular 15.15% EPS Growth for Williams Companies Inc. Despite Diminishing Revenue in Q2 2023

As a stock market journalist, it is my duty to dig deep into the financial results of companies and interpret them for investors. Today, we will be looking at the recent financial results of Natural Gas Utilities company, also known as Williams Companies Inc.
In the second quarter of 2023, Williams Companies Inc experienced a decline in revenue. However, despite this setback, the company managed to raise its earnings per share. Income increased by an impressive 15.15% to $0.38 per share. While revenue fell by -0.281% to $2.48 billion year on year, it is worth noting that the prior reporting season showed a significant decrease in profit from $0.76 per share and a decline in revenue by -19.409% from $3.08 billion.






 

Williams Companies Inc's Segments
 
Williams Partners
 Segment     of total Revenue
NGL
 Segment     of total Revenue
Other
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Williams Companies Inc does not provide revenue guidance.

Earnings Outlook
Williams Companies Inc issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Other

Williams Companies Inc's Operating Statistics Decrease / Increase
       




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