The Williams Companies, Inc. (WMB) Stock Price, News, Analysis | DailyIQ

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Technical Score (1D)

18

SELL

News Sentiment

63

BULLISH

Williams Companies (WMB) is poised to benefit from the continued dominance of natural gas in U.S. power generation, which is expected to remain at 40 % of electricity output through 2027. The company’s extensive midstream infrastructure—transportation, compression, and storage—positions it to capture higher volumes of gas flow to power plants. Rising demand from data centers and air‑conditioning needs is projected to lift gas transport volumes, potentially tightening freight margins. As natural gas demand stays robust, WMB’s freight rates and capacity utilization will be the primary revenue drivers to watch over the next 1–10 trading days. The company’s exposure to the growing data‑center and HVAC sectors could translate into incremental revenue if freight rates remain above the historical average. Investors should monitor any changes in freight rate negotiations and capacity utilization reports for signs of tightening or slack in the market. A shift in natural‑gas pricing or a slowdown in data‑center expansion could dampen the expected freight‑rate upside. Finally, keep an eye on regulatory developments that could affect midstream operations or natural‑gas demand, as these could alter WMB’s revenue trajectory.

WMB|Earnings Snapshot

Earnings Summary

Williams Companies, Inc. is a U.S.-focused energy infrastructure firm that transports and processes natural gas through a 33,000‑mile pipeline network, serving utilities and power generators; it operates in the oil & gas midstream sector. In Q4 2024 and Q1 2025, the company posted EPS of $0.47 and $0.60 versus estimates of $0.451 and $0.553, respectively, and revenue rose from $2.74 billion to $3.05 billion, reflecting a 11% YoY increase; however, Q2 2025 EPS fell to $0.46 against an estimate of $0.489, and revenue dipped to $2.78 billion, indicating a slight slowdown, while Q3 2025 EPS of $0.49 beat the $0.517 estimate and revenue grew to $2.92 billion. Historically, Williams has delivered consistent revenue growth over the past four quarters, with EPS fluctuating around analyst expectations—beats in Q4 2024 and Q1 2025, a miss in Q2 2025, and a beat in Q3 2025—showing a pattern of strong top‑line performance even when earnings lag. Recent news highlights the company’s strategic advantage in the burgeoning data‑center power market, where its pipeline exposure is expected to capture incremental throughput and margin gains; the firm’s freight rates and capacity utilization are likely to tighten as data‑center construction accelerates, and regulatory developments such as the New Jersey water‑quality certification loss for the NESE project could impact long‑term economics but are not expected to delay construction. Investors should watch for changes in freight rate negotiations and capacity utilization reports in the next quarter, as these will be key drivers of revenue and margin, and monitor any new data‑center contracts or regulatory approvals that could accelerate pipeline load and earnings growth.

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EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q3'26	$0.52	-	-
Q2'26	$0.51	$0.50	-2.9%
Q1'26	$0.63	$0.73	+16.0%
Q3'25	$0.52	$0.49	-5.3%
Q2'25	$0.49	$0.46	-6.0%
Q1'25	$0.55	$0.60	+8.5%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q3'26	$2.9B	-	-
Q2'26	$2.8B	$3.1B	+8.2%
Q1'26	$3.2B	$3.0B	-4.5%
Q3'25	-	$2.9B	-
Q2'25	-	$2.8B	-
Q1'25	-	$3.0B	-

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

WMB|Monthly Returns

Market Data

WMB Stock Snapshot

SELL18/100

$72.30+$0.24 (0.3%)

Market cap: 89.11B
P/E ratio: 29.0
Day range: $71.20 – $73.29
News sentiment: 63/100 · Bullish
Analyst target: $85.38 (+18.1%)
Consensus: Buy · 28 analysts

52-week range+29.6% off low · -9.7% from high

$55.80$80.08

Price $72.30 DailyIQ Est. $88.60

WMB's technical picture is under pressure, with momentum working against price. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Reverse DCF

What growth is priced into WMB?

RICH

At today's price, The Williams Companies, Inc. needs to grow free cash flow about 26.9% a year for the next 10 years to justify its valuation at a 7.18% cost of capital. Over its actual history it has compounded free cash flow at -4.5% a year, so the market is asking for 31.4 percentage points above its own delivered rate. On that basis WMB looks priced above what its own growth record supports.

Implied FCF growth: 26.9%
Historical FCF CAGR: -4.5%
Growth gap: +31.4 pts
Verdict: RICH
Discount rate (WACC): 7.18%
Beta: 0.65

Behaviour On Record

What WMB's own history says about today's numbers

Realized volatility (21d): 25.6% 54th pct
Below its peak: -9.6%
vs 200-day average: +1.8%
Up days (1y): 51%

The Williams Companies, Inc. is currently running 25.6% annualised volatility over the last 21 sessions. Measured against WMB's own 13 years of daily returns rather than a market-wide average, that is the 54th percentile — close to its own typical level, against a typical reading of 24.5%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

WMB is trading -9.6% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -25.2%, and the deepest was -64.2% in 2015. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +1.8% from its 200-day moving average. Against every other day in its history, that gap ranks at the 43rd percentile — close to the gap it normally carries. Over the past year WMB closed higher on 51% of sessions, and it is currently 2 sessions into a rising streak.

On September specifically: over 13 years of records, WMB finished the month higher 5 of 13 times, with a median return of -3.1% and an average of -2.7%. Its strongest month historically has been April at +6.5% on average, its weakest December at -4.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: WMB has opened more than 2% away from the prior close in 169 of 3,267 sessions (5.2% of the time), with the largest gaps running +9.6% and -10.9%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,268 daily closes between 2013-09-20 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against WMB's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of WMB's sector?

The Williams Companies, Inc. sits in the Energy sector, currently ranked 2nd of 11 GICS sectors by relative-strength rotation score (weakening).

Sector rank: #2 of 11
Sector state: Weakening
Sector rotation score: 80

Options Market

What is the options market pricing for WMB?

CallsPuts

For The Williams Companies, Inc.'s nearest expiry (2026-09-25, 6 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.21), with at-the-money implied volatility around 34.6%. The options market is pricing roughly a ±4.2% move by that expiry — a range of about $68.78–$74.80.

Put/call ratio (2026-09-25): 0.21
ATM implied volatility: 34.6%
Total open interest: 4,119
Expected move by 2026-09-25: ±4.2% ($68.78–$74.80)

Analyst Rating Changes

Are analysts turning bullish or bearish on WMB?

Scotiabank most recently reiterated its rating on The Williams Companies, Inc. to Sector Outperform on Sep 10, 2026 with a price target of $85 (from $86). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action: Scotiabank — Sector Outperform
90-day upgrades: 0
90-day downgrades: 0
Net rating momentum: 0

Date	Firm	Action	Rating	Price target
Sep 10, 2026	Scotiabank	Maintained	Sector Outperform	$86 → $85
Aug 18, 2026	Morgan Stanley	Maintained	Overweight	$99 → $103
Aug 12, 2026	Truist Securities	Maintained	Buy	$84 → $88
Aug 10, 2026	RBC Capital	Maintained	Outperform	$83 → $87
Aug 5, 2026	Wells Fargo	Maintained	Overweight	$89 → $90
Jul 14, 2026	Morgan Stanley	Maintained	Overweight	$98 → $99
Jul 8, 2026	Barclays	Maintained	Equal-Weight	$73 → $75
Jul 1, 2026	JP Morgan	Maintained	Overweight	$88 → $89
Jul 1, 2026	Jefferies	Maintained	Buy	$87 → $85
May 26, 2026	CIBC	Maintained	Outperformer	$83 → $85
May 20, 2026	Morgan Stanley	Maintained	Overweight	$90 → $98
May 12, 2026	UBS	Maintained	Buy	$89 → $91

WMB Competitive Positioning

The Williams Companies, Inc. (WMB) is tracked alongside these names in Oil & Gas Midstream on DailyIQ — ranked by market cap, with today's move alongside.

WMByou're hereThe Williams Companies, Inc.$89.1B+0.33%
KMIKinder Morgan, Inc.$68.4B-0.82%
TRGPTarga Resources Corp.$61.2B+0.03%
OKEONEOK, Inc.$58.8B-0.03%

Held by These ETFs

WMB is a top holding in these ETFs tracked on DailyIQ — bar length shows portfolio weight.

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

Williams Companies (WMB) stands to benefit from the expanding AI and cloud data center market, which drives demand for natural gas to power electricity. The company’s extensive pipeline network across 24 states positions it to capture a larger share of the AI power build‑out compared to Energy Transfer. While both firms enjoy stable toll‑based revenue, WMB’s higher exposure to the AI sector could translate into incremental earnings growth as data center demand rises.

What did this article say?

Williams Companies (WMB) stands to gain from the continued dominance of natural gas in U.S. power generation, which is projected to remain at 40% of electricity output through 2027. The company’s extensive midstream infrastructure—transportation, compression, and storage—positions it to capture higher volumes of gas flow to power plants. While the overall energy mix remains stable, WMB’s exposure to the growing demand from data centers and air‑conditioning needs could translate into incremental revenue and tighter freight margins. Investors should monitor how the company’s freight rates and capacity utilization evolve as natural gas demand stays robust.

What did this article say?

Senator Alan Armstrong purchased between $16,000 and $65,000 worth of Williams Companies (WMB) shares, as disclosed in a September filing. The transaction represents a modest investment relative to WMB’s market capitalization and does not signal a strategic shift or insider confidence. While the move may be viewed as a positive endorsement, its size limits any immediate impact on the stock’s valuation. Traders should note that the purchase is a routine ownership change rather than a catalyst for price movement.

What did this article say?

The Williams Companies (WMB) lost a key New Jersey water‑quality certification for its Northeast Supply Enhancement (NESE) project after a federal appeals court ruling. The court vacated the certification and sent the matter back to state regulators, creating a potential delay in the $1 billion expansion of the Transco network. WMB has stated that the ruling is not expected to affect construction or the projected Q4 2027 service start, but the permit review could still impact the project’s economics if it takes longer to resolve. The company’s strategy remains to deliver additional gas to growing markets in the New York‑New Jersey corridor, with a planned capacity of about 400,000 dekatherms per day.

What did this article say?

The Iran conflict has pushed oil prices above $100 a barrel, creating inflationary pressure but also a favorable environment for midstream operators. Williams Companies (WMB) is highlighted as a resilient player with fee‑based, long‑term contracts that shield it from commodity price swings. The article positions WMB alongside Kinder Morgan and MPLX as likely beneficiaries of sustained pipeline demand and stable revenue streams.

What did this article say?

Williams Companies (WMB) has delivered an annualized return of 23.46% over the past five years, outperforming the broader market by 11.68%. The company’s market capitalization remains robust, reflecting investor confidence in its pipeline and operational efficiency. This sustained outperformance suggests a solid growth trajectory and a resilient business model amid industry volatility.

What did this article say?

Williams Companies (WMB) continues to trade near its recent highs as the market evaluates the impact of a new Haynesville pipeline project. The company’s long‑term share price performance remains strong, but analysts are questioning whether current earnings can justify the premium. The pipeline expansion is expected to increase gas transport capacity, potentially boosting revenue, yet the cost structure and regulatory approvals introduce uncertainty. Investors are weighing the trade‑off between growth prospects and valuation pressure.

What did this article say?

Williams Companies (WMB) has declared a $0.53 per share dividend, payable on September 28, 2026, with the ex‑dividend date set for September 11, 2026. The payout reflects the company’s ongoing commitment to returning value to shareholders and aligns with its historical dividend trajectory. While the dividend amount is modest, it signals financial stability and a continued focus on shareholder rewards. The announcement does not indicate any immediate change to earnings guidance or operational strategy.

What did this article say?

The Williams Companies (WMB) lost a court case that revoked an environmental permit essential for its Northeast pipeline expansion. The ruling undermines the company’s ability to secure new pipeline capacity in a region where natural gas demand is high. While momentum from Momentum Midstream and Gulf export access remains positive, the permit loss introduces a regulatory headwind that could delay or increase costs of upcoming projects. The impact is material but may be partially offset by existing growth drivers. Investors should monitor how the company navigates the regulatory setback and any potential cost adjustments.

Congressional Trading Activity

6 disclosed trades · ~$48.0K est. traded value · 3 buys, 3 sells

Member	Chamber	State	Type	Amount	Traded	Filed
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2026-02-10	2026-03-09
Ritchie John Torres	House	NY15	▼ Sell	$1K - $15K	2025-07-11	2025-08-20
Jonathan Jackson	House	IL01	▼ Sell	$1K - $15K	2025-04-23	2025-08-25
Dwight Evans	House	PA03	▼ Sell	$1K - $15K	2025-04-03	2025-04-17
Jonathan Jackson	House	IL01	▲ Buy	$1K - $15K	2025-03-17	2025-08-25
Lisa McClain	House	MI09	▲ Buy	$1K - $15K	2025-02-24	2025-08-13