WMB Stock Recent News

Artificial intelligence requires a shocking amount of energy, creating substantial opportunities for energy stocks to buy fueled by the unstoppable AI boom and the Nvidia-driven surge. For an idea of how much power we're talking about, consider this.

The Williams Companies (WMB) reported earnings 30 days ago. What's next for the stock?

Large-cap stocks The Williams Companies (WMB), Chevron (CVX) and Canadian Natural Resources (CNQ) present an opportunity for long-term stability and reliable returns in the energy space.

Williams (WMB) decides to abandon the NESE pipeline project due to environmental concerns and regulatory challenges, and deems it as a poor investment.

Artificial intelligence and data centers will significantly increase natural gas demand, with a fifth of current demand expected to come from data centers alone by 2030. The Williams Companies is a midstream company that benefits from rising natural gas demand and has returned almost 100% over the past five years. WMB has a strong financial performance, with record contracted transmission capacity, significant acquisitions, and consistent earnings growth, making it a strong dividend stock with potential for future growth.

Stocks focused on oil and gas storage and transportation have been stealthy winners over the past year. I have a buy rating on The Williams Companies (WMB), a domestic natural gas infrastructure company, given its strong earnings growth and technical momentum. WMB's Q1 results were solid, with record contracted transmission capacity and robust guidance for the balance of 2024.

Williams (WMB) expects adjusted EBITDA in the range of $6.8-$7.1 billion in the top half of 2024 and growth capex in the band of $1.45-$1.75 billion for 2024.

Williams Companies, Inc. (NYSE:WMB ) Q1 2024 Earnings Conference Call May 7, 2024 9:30 AM ET Company Participants Danilo Juvane - VP, IR Alan Armstrong - President, CEO & Director John Porter - SVP & CFO Micheal Dunn - EVP & COO Chad Zamarin - EVP, Corporate Strategic Development Conference Call Participants Spiro Dounis - Citigroup Jeremy Tonet - JPMorgan Chase & Co. Manav Gupta - UBS John Mackay - Goldman Sachs Group Praneeth Satish - Wells Fargo Securities Tristan Richardson - Scotiabank Theresa Chen - Barclays Bank Gabriel Moreen - Mizuho Securities Sunil Sibal - Seaport Research Partners Indraneel Mitra - Bank of America Merrill Lynch Operator Good day, and thank you for standing by. Welcome to The Williams First Quarter 2024 Earnings Conference Call.

Investors looking for stocks in the Oil and Gas - Production and Pipelines sector might want to consider either Ultrapar Participacoes S.A. (UGP) or Williams Companies, Inc. (The) (WMB).

Williams Companies, Inc. (The) (WMB) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.56 per share a year ago.