Williams is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide - including Transco, the nation's largest volume and fastest growing pipeline - and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.
Company profile
Ticker
WMB
Exchange
Website
CEO
Alan Armstrong
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WILLIAMS COMPANIES INC
SEC CIK
Corporate docs
Subsidiaries
Alliance Canada Marketing L.P. • Alliance Canada Marketing LTD • Appalachia Midstream Services, L.L.C. • Aurora Hydrogen Inc. • Aux Sable Liquid Products Inc. • Aux Sable Liquid Products LP • Aux Sable Midstream LLC • BPEH-CXL Holdings LLC • Bargath LLC • Baton Rouge Fractionators LLC ...
IRS number
730569878
WMB stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
16 Mar 23
DEFA14A
Additional proxy soliciting materials
16 Mar 23
DEF 14A
Definitive proxy
16 Mar 23
8-K
Entry into a Material Definitive Agreement
2 Mar 23
8-K
Williams Prices $1.50 Billion of Senior Notes
2 Mar 23
424B2
Prospectus for primary offering
1 Mar 23
FWP
Free writing prospectus
27 Feb 23
424B5
Prospectus supplement for primary offering
27 Feb 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Results of Operations and Financial Condition
21 Feb 23
Transcripts
WMB
Earnings call transcript
2022 Q3
1 Nov 22
WMB
Earnings call transcript
2022 Q2
2 Aug 22
WMB
Earnings call transcript
2022 Q1
3 May 22
WMB
Earnings call transcript
2021 Q3
2 Nov 21
WMB
Earnings call transcript
2021 Q2
3 Aug 21
WMB
Earnings call transcript
2021 Q1
4 May 21
WMB
Earnings call transcript
2020 Q4
23 Feb 21
WMB
Earnings call transcript
2020 Q3
3 Nov 20
WMB
Earnings call transcript
2020 Q3
3 Nov 20
WMB
Earnings call transcript
2020 Q3
3 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 152.00 mm | 152.00 mm | 152.00 mm | 152.00 mm | 152.00 mm | 152.00 mm |
| Cash burn (monthly) | 235.67 mm | 127.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 697.08 mm | 376.64 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -545.08 mm | -224.64 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -2.3 | -1.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
85.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1117 |
| Opened positions | 148 |
| Closed positions | 110 |
| Increased positions | 482 |
| Reduced positions | 323 |
| 13F shares | Current |
|---|---|
| Total value | 34.26 tn |
| Total shares | 1.04 bn |
| Total puts | 5.03 mm |
| Total calls | 5.83 mm |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 127.91 mm | $4.21 tn |
| BLK Blackrock | 120.89 mm | $3.98 tn |
| STT State Street | 87.58 mm | $2.88 tn |
| BAC Bank Of America | 43.14 mm | $1.42 tn |
| Dodge & Cox | 39.36 mm | $1.29 tn |
| Deutsche Bank AG - Registered Shares | 31.13 mm | $1.02 tn |
| Geode Capital Management | 27.24 mm | $894.67 bn |
| Clearbridge Advisors | 21.13 mm | $695.28 bn |
| JPM JPMorgan Chase & Co. | 20.33 mm | $667.51 bn |
| MS Morgan Stanley | 19.75 mm | $649.80 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Spence William H | Common Stock | Buy | Acquire P | No | No | 29.6086 | 5,000 | 148.04 k | 48,521 |
| 14 Mar 23 | Stephen W Bergstrom | Common Stock | Buy | Acquire P | No | No | 29 | 6,895 | 199.96 k | 123,738 |
| 14 Mar 23 | Smith Murray D | Common Stock | Buy | Acquire P | No | No | 29.66 | 400 | 11.86 k | 42,904 |
| 1 Mar 23 | Carri A. Lockhart | Common Stock | Grant | Acquire A | No | No | 0 | 1,461 | 0.00 | 1,461 |
| 27 Feb 23 | Larry C Larsen | Common Shares | Sell | Dispose S | No | No | 31.18 | 19,013 | 592.83 k | 60,185 |
News
Analyst Expectations for Williams Companies's Future
28 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 28, 2023
28 Mar 23
Truist Securities Downgrades Williams Companies to Hold, Announces $31 Price Target
28 Mar 23
Peering Into Williams Companies's Recent Short Interest
27 Mar 23
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
Press releases
Williams Prices $1.50 Billion of Senior Notes
27 Feb 23
Williams Continues Track Record of Financial Stability and Growth With Higher Fourth Quarter and Full-Year 2022 Results; Analyst Day Set for Feb. 21
20 Feb 23
Williams Executes Agreements with Chevron to Facilitate Natural Gas Production Growth in Haynesville and Deepwater Gulf of Mexico
17 Feb 23
Southwest Gas Holdings Announces Closing of Sale of MountainWest to Williams
14 Feb 23
Williams Closes Acquisition of MountainWest Natural Gas Transmission and Storage Business
14 Feb 23