Stock Performance:
Williams Companies, Inc. (NYSE:WMB) jumped up by 0.68% to close at $32.59 with overall traded volume of 8.05 million shares in the last trading session as compare to its average volume stood at 9.09 million, The RSI value of 68 times depicts that the current share value is in overbought level. The company stands [...]
At day two of the Value Investing Congress,
Adam Weiss
&
James Crichton
of hedge fund
Scout Capital
gave the case for a long of Williams (WMB) and Sensata Technologies (ST) in a presentation entitled "
Two Investment Opportunities
."
Be sure to check out all our notes from the Value Investing Congress.
Scout Capital
Adam Weiss: long Williams Co (WMB)
Three parts: pipelines, midstream producer of LNG, E&P. Feb new CEO breaking up the company. Stock $24, Base case $37, based...
The Williams Companies, Inc. (WMB) disclosed plans to transform itself into a high-dividend, high-growth energy firm at its recent Analyst Day.
The company also guided 2012–2013 adjusted earnings per share and cash flow from continuing operations, taking into account the upcoming Exploration & Production spin-off and the related exclusion of those results from Williams’ continuing operations.
In [...]
Williams Companies (WMB) has offered to acquire all of the outstanding shares of Southern Union Company (SUG) for a total cash value of $4.86 billion, topping the bid of $4.2 billion that was placed by Energy Transfer Equity L.P. (ETE). The total enterprise value of the deal is estimated at $8.7 billion, which includes a [...]
The last time we checked in with market strategist Jeff Saut in late February, he was putting money to work in stocks, but cautioned that the correction was not yet over. And he was right, as the market fell 4.77% further in the weeks after his prescient call.
This time around, his latest missive is entitled, "Be Conservative, Not Conventional." With a title like that, one can easily guess what the gist of his message is. He quotes the wise value-investing-father Benjamin Graham who...
Alcatel-Lucent (ADR) (NYSE:ALU) reported the fall of 0.20% and closed at $5 whereas overall traded volume stood at 63.22 million shares for the day. The current market price is 50.10% more than its last 50 days simple moving average. The share price is at its overbought level with relative strength index of 82.38 times till [...]
Williams Companies (WMB - option chain) shares are soaring today to a new two-year high after the company announced fiscal-Q4 earnings this morning, posting an adjusted profit of 44 cents per share, topping analysts' forecast of 27 cents per share. WMB also announced plans to split into two standalone companies. WMB will spin off its [...]
Williams Companies (WMB) is soaring 8% a day after the company said it plans to split its exploration and pipeline businesses into separate companies. The company also reported a fourth-quarter profit that topped Wall Street estimates. Raymond James raised its rating on Williams to "outperform" from "market perform," saying the split is good news for [...]
Shares of Williams Cos., Inc. (WMB: News ) surged more than 12% in after hours trading after the natural gas company said its board of directors has approved pursuing a plan to separate the company's businesses into two stand-alone, publicly traded corporations.
The plan calls for Williams to separate its exploration and production [...]
Shares of The Williams Companies, Inc. (NYSE: WMB) are higher on the session by 2.12%, currently trading at $21.15. The stock has been moving largely higher over the past four months trending higher above the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the November $22.00 call was purchased 8,000 times, on the offer, on open interest of 13,935 contracts.
Overall call volume is now running at 5.49x the daily average, with 61%...
The US dollar moved down as US stocks increased their gains today. Analysts at Action Economics said, "The firmer Wall Street open has weighed on the greenback, while talk of more 'open-ended' QE2 has perhaps weighed." The dollar index declined 1.34% to 77.13, down from 78.041 late Tuesday.
Shares of Morgan Stanley (NYSE: MS) fell about 1.8% after the company reported a 67% y/y decline in its quarterly profit. The company's net income came in at $313 million, or $0.05 per share, down from...
Citigroup has published a research report on The Williams Companies (NYSE: WMB) after the company announced its CEO would be retiring.
In the report, Citigroup writes "WMB announced [yesterday] that current CEO& Chairman of the Board, Steve Malcolm, 62, will retire at the end of the year. Alan Armstrong, 48, who has served as the President of the Midstream business since 2002, will be taking over as CEO of Williams. In addition, the board of directors has appointed Frank MacInnis, 63, to...
Goldman Sachs has published a research report on The Williams Companies (NYSE: WMB) upon the company's announcing that current CEO Steve Malcolm will retire at year's end.
In the report, Goldman Sachs writes "After the 10/12 close, Williams (WMB, Buy) and Williams Partners (WPZ, Neutral) announced CEO Steve Malcolm will retire at the end of the year. Mr. Malcolm will be succeeded by Alan Armstrong, who has served as president of Williams' midstream business since 2002. Director Frank...
Below are the top large-cap oil & gas pipeline stocks on the NYSE and the NASDAQ in terms of cash.
Williams Companies Inc (The) (NYSE: WMB) had $1.11 billion in total cash and $8.52 billion in total debt for the latest quarter.
Enbridge Inc (NYSE: ENB) had $402.66 million in total cash for the latest quarter. ENB's total debt stood at $14.34 billion in the same period.
Kinder Morgan Energy Partners LP (NYSE: KMP) had $143.10 million in total cash for the latest quarter and $12.67...
Williams Companies Inc (NYSE: WMB) announced that its 2010 earnings are likely to be adjusted from $1 per share to $1.20 per share and its 2011 earnings may rise from $0.85 per share to $1.65 per share. Analysts expect WMB to make $1.31 per share in 2010 and its 2011 earnings to be $1.56 per share.
WMB shares fell 4.14% to $18.31 at 9:40 am.
Shares of Williams Companies have fallen 1.09% over last month and have lost 7.73% so far this year.
Read more from Benzinga's Company news.
Natural gas producer, Williams Companies Inc. (WMB), acquired approximately 42,000 net acres in the Marcellus Shale from Alta Resources, LLC and its partners for $501 million.
The net 42,000 Marcellus acres, mainly located in Susquehanna County in northeastern Pennsylvania, represents approximately 1.2 trillion cubic feet of gas equivalent (Tcfe) in total net resource potential and gas [...]
We are maintaining our Neutral recommendation on Williams Companies (WMB) with a target price of $23.
We like Williams’ strong business mix, attractive growth opportunities in its low-risk upstream model and relatively stable fee-based midstream services. The company’s high growth exploration and production (E&P) business is nicely complemented by its midstream assets, which are less sensitive [...]
Natural gas producer and pipeline firm Williams Companies (WMB) announced a $12 billion restructuring program whereby it will combine its pipeline and processing units to create one of the largest natural gas partnerships in the nation.
According to the deal, Williams will sell pipeline assets in the Northeast, Gulf Coast and Rocky Mountain region to affiliate [...]
Pacific Connector Gas Pipeline LP, a limited partnership between Williams Pacific Connector Gas Pipeline LLC, PG&E Strategic Capital Inc. and Fort Chicago LNG II U.S. LP, announced that it has received approval from the Federal Energy Regulatory Commission (FERC) to construct and operate the Pacific Connector Gas Pipeline. The proposed natural gas pipeline will be [...]
The Williams Companies (WMB) said that the Federal Energy Regulatory Commission (FERC) permitted its majority-owned subsidiary, Northwest Pipeline GP, to build and operate a 15.5-mile pipeline to transport natural gas from the Piceance Basin in Colorado to the Opal Hub in Wyoming.
Known as the Sundance Trail Expansion, the 30-inch diameter loop will provide 150,000 dekatherms [...]
The Williams Companies (WMB) announced that it has placed the second phase of the Sentinel expansion project on its interstate Transco natural gas pipeline system into service, as a result increasing firm transportation capacity into the northeastern U.S. by 102 thousand dekatherms per day (Mdt/d).
The first portion of the project (Phase I), which provided an [...]
Williams Companies Inc. (WMB) has filed an application with the Federal Energy Regulatory Commission (FERC) to expand its Transco natural gas pipeline to serve markets in the southeastern United States. On approval from FERC, Williams expects the Mobile Bay South II Expansion project to provide services by spring 2011.
Through the expansion project, Williams expects to [...]
Williams Companies (WMB) reported better-than-expected third-quarter results, primarily on higher production volumes and lowering of costs. Earnings per share, excluding mark-to-market adjustments, came in at 25 cents, 6 cents above the Zacks Consensus Estimate.
However, compared to the year-earlier period, Williams’ adjusted earnings per share plunged approximately 55% while revenue nosedived 34% to $2.1 billion, hurt [...]
Williams Companies Inc. (WMB) said on Wednesday that the Federal Energy Regulatory Commission (FERC) permitted it to extend its interstate Transco pipeline by 308.5 thousand dekatherms per day (Mdt/d) that will help the natural gas producer to reach southeastern US markets.
The Transco natural gas pipeline is a 10,500-mile pipeline system that carries natural gas [...]
Story Slide:
Natural gas contracts quoted on the NYMEX are for delivery at Henry Hub in
Louisiana
and a nexus of 16
intra- and interstate natural gas pipelines
deliver NGL to the US East Coast, Gulf Coast and Midwest. NGL accounts for
30% of the energy consumption of US and is mostly used for producing electricity.
The fastest growing supply of NGL in the US is from the Rocky Mountains and the three key basins in the Rockies,
Green River, Piceance and Powder River are...
Williams Companies, Inc. (WMB) recently announced second-quarter adjusted earnings of 68 cents per share, eclipsing last year’s 43 cents and topping the consensus estimate by 3%. WMB’s earnings per share are expected to grow by 14% over the next 3 – 5 years, exceeding the industry average projection of 8%.Company DescriptionWilliams Companies, through its subsidiaries, [...]