Live-Nachrichten • May 21
Williams Companies Grows Project Backlog and Credit Lines While Raising Dividend and Reaffirming Outlook Williams reported Q1 2026 earnings that were above analyst expectations, with higher adjusted EPS, a 5% dividend increase and full-year guidance reaffirmed, despite slightly lower revenue.
The project backlog expanded from US$11.8b in 2024 to US$15.5b in 2025, led by new power-focused projects such as the US$2.3b, 682 MW Neo development, which targets growing natural gas-fired electricity demand.
Williams secured new credit facilities totaling US$4.75b, including a shared revolving credit line of up to US$3.75b that can be increased to US$4.25b and a separate 364-day US$1.0b facility, both tied to a debt to EBITDA covenant capped at 5.00:1.
Taken together, the larger project backlog, power-focused growth initiatives and fresh credit capacity point to an active capital spending pipeline backed by fee-based, long-term contracts in the core natural gas transport business.
For you, the key watchpoints are how Williams uses this new borrowing capacity, how closely it runs to the 5.00:1 debt to EBITDA covenant and how execution risk on large projects like Neo lines up against the higher dividend commitment. Recent Insider Transactions • May 09
Executive VP & CFO recently sold US$3.8m worth of stock On the 6th of May, John Porter sold around 50k shares on-market at roughly US$75.37 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Reported Earnings • May 06
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: US$0.71 (up from US$0.56 in 1Q 2025). Revenue: US$3.39b (up 9.0% from 1Q 2025). Net income: US$864.0m (up 25% from 1Q 2025). Profit margin: 26% (up from 22% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) exceeded analyst estimates by 9.9%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Declared Dividend • May 01
Fourth quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 12th June 2026 Payment date: 29th June 2026 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (286% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 3.8% to bring the payout ratio under control. EPS is expected to grow by 49% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Apr 29
The Williams Companies, Inc. Announces Quarterly Cash Dividend, Payable on June 29, 2026 The Williams Companies, Inc. has approved a regular dividend of $0.525 per share, or $2.10 annualized, on the company’s common stock, payable on June 29, 2026, to holders of record at the close of business on June 12, 2026. This is a 5% increase from Williams’ 2025 quarterly dividend of $0.50 per share. Ankündigung • Apr 15
The Williams Companies, Inc. to Report Q1, 2026 Results on May 04, 2026 The Williams Companies, Inc. announced that they will report Q1, 2026 results After-Market on May 04, 2026 Recent Insider Transactions Derivative • Apr 07
Senior VP & General Counsel notifies of intention to sell stock Terence Wilson intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$71.75, it would amount to US$144k. Since June 2025, Terence's direct individual holding has decreased from 245.33k shares to 232.07k. Company insiders have collectively bought US$10m more than they sold, via options and on-market transactions, in the last 12 months. Ankündigung • Mar 19
The Williams Companies, Inc., Annual General Meeting, Apr 28, 2026 The Williams Companies, Inc., Annual General Meeting, Apr 28, 2026. Location: meetnow.global/mhfnmg4, United States Upcoming Dividend • Mar 06
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 13 March 2026. Payment date: 30 March 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (3.3%). Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. CEO, President & Director Chad Zamarin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 27
Senior VP & General Counsel recently sold US$1.0m worth of stock On the 24th of February, Terence Wilson sold around 14k shares on-market at roughly US$72.92 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.9m more than they bought in the last 12 months. New Risk • Feb 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 285% Minor Risks High level of debt (195% net debt to equity). Significant insider selling over the past 3 months (US$1.2m sold). Recent Insider Transactions • Feb 26
Senior VP & General Counsel recently sold US$1.0m worth of stock On the 24th of February, Terence Wilson sold around 14k shares on-market at roughly US$72.92 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$9.3m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Feb 25
Senior VP & General Counsel notifies of intention to sell stock Terence Wilson intends to sell 27k shares in the next 90 days after lodging an Intent To Sell Form on the 24th of February. If the sale is conducted around the recent share price of US$72.92, it would amount to US$2.0m. Since March 2025, Terence's direct individual holding has decreased from 323.65k shares to 296.65k. Company insiders have collectively sold US$8.3m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Feb 20
Price target increased by 7.0% to US$75.51 Up from US$70.56, the current price target is an average from 21 analysts. New target price is approximately in line with last closing price of US$72.98. Stock is up 27% over the past year. The company is forecast to post earnings per share of US$2.24 for next year compared to US$2.14 last year. Price Target Changed • Feb 18
Price target increased by 7.6% to US$74.62 Up from US$69.35, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of US$71.96. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$2.27 for next year compared to US$2.14 last year. Reported Earnings • Feb 11
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$2.14 (up from US$1.82 in FY 2024). Revenue: US$11.8b (up 10.0% from FY 2024). Net income: US$2.62b (up 18% from FY 2024). Profit margin: 22% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Declared Dividend • Jan 30
Third quarter dividend increased to US$0.53 Dividend of US$0.53 is 5.0% higher than last year. Ex-date: 13th March 2026 Payment date: 30th March 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it covered by cash flows (142% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 51% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Jan 27
The Williams Companies, Inc. Increases Regular Cash Dividend on Common Stock, Payable on March 30, 2026 The Williams Companies, Inc. board of directors has approved a regular dividend of $0.525 per share, or $2.10 annualized, on the company’s common stock, payable on March 30, 2026, to holders of record at the close of business on March 13, 2026. This is a 5% increase from Williams’ fourth-quarter 2025 quarterly dividend of $0.50 per share, paid in December 2025. Ankündigung • Jan 23
The Williams Companies, Inc. to Report Q4, 2025 Results on Feb 10, 2026 The Williams Companies, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 10, 2026 Upcoming Dividend • Dec 05
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 12 December 2025. Payment date: 29 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.0%). Ankündigung • Nov 08
Williams Secures Key Permits for Northeast Supply Enhancement Project Williams announced a significant regulatory milestone for its Northeast Supply Enhancement (NESE) project, securing the Clean Water Act Section 401 and 404 permits from the New Jersey Department of Environmental Protection (NJDEP) as well as the Section 401 Water Quality Certification and related permits from the New York State Department of Environmental Conservation (NYSDEC). The NESE project is designed to improve energy affordability and reliability in New York City by expanding access to critical natural gas infrastructure and displacing high-emitting and costly fuel oil, which is delivered into New York City by diesel trucks. NESE will enhance energy security, lower costs, and reduce emissions, and the project is expected to generate over $1 billion in investment, create thousands of construction-related jobs, and deliver long-term benefits to New York residents and commercial energy users. In parallel, Williams continues to advance the Constitution Pipeline project, a pipeline in upstate New York that will serve markets in New York, Massachusetts, Connecticut, Rhode Island, Vermont and Maine. The company has withdrawn its current water permit application with NYSDEC and is preparing to follow up with additional filings to ensure that this critical infrastructure project obtains the regulatory approvals needed for construction and operation. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$0.53 (down from US$0.58 in 3Q 2024). Revenue: US$2.92b (up 10% from 3Q 2024). Net income: US$646.0m (down 8.4% from 3Q 2024). Profit margin: 22% (down from 27% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 1.0%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Oct 31
Second quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 12th December 2025 Payment date: 29th December 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (136% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 9.0% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Oct 28
Williams Announces Quarterly Cash Dividend, Payable on December 29, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on December 29, 2025, to holders of record at the close of business on December 12, 2025. This is a 5.3% increase from Williams’ 2024 quarterly dividend of $0.4750 per share. Ankündigung • Oct 23
JERA Americas Inc. reached an agreement to acquire unknown minority stake in South Mansfield upstream asset in Louisiana from The Williams Companies, Inc. (NYSE:WMB) for approximately $400 million. JERA Americas Inc. reached an agreement to acquire unknown minority stake in South Mansfield upstream asset in Louisiana from The Williams Companies, Inc. (NYSE:WMB) for approximately $400 million on October 22, 2025. In related transaction JERA Americas Inc. agreed to acquire South Mansfield E&P, LLC from The Williams Companies, Inc and majority stake in South Mansfield upstream asset in Louisiana. The consideration consist of $398 million plus deferred monthly payments through 2029 that are based on a predefined development plan. JERA acquiring its interest in the Haynesville asset, which currently produces more than 500 MMscfd and includes 200 undeveloped locations, through an upfront investment of $1.5 billion. The transaction includes a future investment plan under which JERA will increase total production to 1 Bscfd. The Haynesville Acquisition’s strategic value is supported by robust current production and proven reserves, established gathering, treating and transport infrastructure, and proximity to Gulf Coast LNG and data center hubs. The sale of South Mansfield upstream is subject to customary closing conditions, including approval from the Committee for Foreign Investments in the United States. Closing is expected to occur by the end of 2025. Ankündigung • Oct 15
The Williams Companies, Inc. to Report Q3, 2025 Results on Nov 03, 2025 The Williams Companies, Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Upcoming Dividend • Sep 05
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 29 September 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.0%). Buy Or Sell Opportunity • Aug 07
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at US$57.89. The fair value is estimated to be US$72.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Reported Earnings • Aug 05
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.45 (up from US$0.33 in 2Q 2024). Revenue: US$2.75b (up 11% from 2Q 2024). Net income: US$546.0m (up 36% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Aug 01
First quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 12th September 2025 Payment date: 29th September 2025 Dividend yield will be 3.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (120% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 37% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Jul 29
The Williams Companies, Inc. Approves Regular Dividend on Common Stock, Payable on September 29, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on September 29, 2025, to holders of record at the close of business on September 12, 2025. Ankündigung • Jul 16
The Williams Companies, Inc. to Report Q2, 2025 Results on Aug 04, 2025 The Williams Companies, Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 04, 2025 Buy Or Sell Opportunity • Jun 16
Now 21% undervalued Over the last 90 days, the stock has risen 1.3% to US$59.15. The fair value is estimated to be US$74.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Upcoming Dividend • Jun 06
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (4.2%). Buy Or Sell Opportunity • May 29
Now 20% undervalued Over the last 90 days, the stock has risen 3.6% to US$60.27. The fair value is estimated to be US$75.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Reported Earnings • May 06
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.56 (up from US$0.52 in 1Q 2024). Revenue: US$3.05b (up 9.6% from 1Q 2024). Net income: US$690.0m (up 9.4% from 1Q 2024). Profit margin: 23% (in line with 1Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • May 02
Fourth quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) nor is it covered by cash flows (106% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Apr 29
Williams Announces Quarterly Cash Dividend, Payable on June 30, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on June 30, 2025, to holders of record at the close of business on June 13, 2025. This is a 5.3% increase from Williams’ 2024 quarterly dividend of $0.4750 per share. Ankündigung • Apr 25
The Williams Companies, Inc. Announces Appointment of Larry Larsen as Executive Vice President and Chief Operating Officer, Effective May 3, 2025 The Williams Companies, Inc. announced that Larry Larsen has been appointed Executive Vice President and Chief Operating Officer (COO), overseeing all aspects of the company’s transmission, storage and gathering and processing operations, effective May 3, 2025. Larsen will replace Micheal Dunn, who announced his planned retirement from Williams last month. Larsen currently serves as Williams Senior Vice President, Gathering and Processing. Larsen joined Williams in 1999, working within the Northwest Pipeline franchise. He then served as vice president, Central Services, where he led the teams responsible for Williams’ supply chain, commodity services (volume management, systems planning, commodity optimization and commercial contracts), NGL and gas marketing, measurement and pipeline control functions. In 2018, he became vice president-general manager for Williams’ Rocky Mountain Midstream franchise and was responsible for all commercial activities and the safe, reliable operations of the area’s growing assets. In 2020, he became vice president, Strategic Development, where he led Williams’ corporate strategy, market intelligence and corporate development efforts before assuming his current role of senior vice president, Gathering and Processing in 2022, where he leads all onshore G&P, NGL transmission, storage and fractionation businesses. Larsen earned a Bachelor of Science degree in Mechanical Engineering from the University of Utah. Ankündigung • Apr 15
The Williams Companies, Inc. to Report Q1, 2025 Results on May 05, 2025 The Williams Companies, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025 Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Carri Lockhart was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 14
Micheal Dunn to Retire as Executive Vice President and Chief Operating Officer of The Williams Companies, Inc Williams announced that Micheal Dunn, executive vice president and chief operating officer, will retire, effective May 2, 2025. Under Micheal’s leadership, Williams successfully completed several large-scale infrastructure projects, including Atlantic Sunrise and Regional Energy Access, as well as multiple expansion projects along Transco, Northwest Pipeline and in the Deepwater Gulf, in addition to integrating multiple acquisitions. He has placed strong focus on achieving regulatory compliance and optimizing operations to enhance Williams’ competitive advantage and advance the execution of Williams' natural gas-focused strategy. Dunn began his career with Williams in 1988 and spent 14 years with the company in its gas pipeline business before transitioning to leadership roles at Kern River and PacificCorp Energy. Prior to rejoining Williams in 2017, Dunn served as President of Questar Pipeline and Executive Vice President of Questar Corporation. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 14 March 2025. Payment date: 31 March 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (4.2%). Recent Insider Transactions • Mar 02
Insider recently sold US$1.5m worth of stock On the 27th of February, Chad Teply sold around 26k shares on-market at roughly US$56.46 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.0m more than they bought in the last 12 months. New Risk • Feb 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 106% Minor Risk Profit margins are more than 30% lower than last year (21% net profit margin). Reported Earnings • Feb 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$1.82 (down from US$2.69 in FY 2023). Revenue: US$10.8b (up 8.1% from FY 2023). Net income: US$2.22b (down 32% from FY 2023). Profit margin: 21% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year. Declared Dividend • Jan 31
Third quarter dividend increased to US$0.50 Dividend of US$0.50 is 5.3% higher than last year. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jan 24
The Williams Companies, Inc. to Report Q4, 2024 Results on Feb 12, 2025 The Williams Companies, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Upcoming Dividend • Dec 06
Upcoming dividend of US$0.47 per share Eligible shareholders must have bought the stock before 13 December 2024. Payment date: 30 December 2024. Payout ratio and cash payout ratio are on the higher end at 79% and 77% respectively. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.9%). Price Target Changed • Nov 15
Price target increased by 7.6% to US$53.38 Up from US$49.59, the current price target is an average from 19 analysts. New target price is 5.6% below last closing price of US$56.55. Stock is up 60% over the past year. The company is forecast to post earnings per share of US$1.88 for next year compared to US$2.69 last year. Declared Dividend • Nov 08
Third quarter dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 13th December 2024 Payment date: 30th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$0.58 (up from US$0.54 in 3Q 2023). Revenue: US$2.65b (up 4.7% from 3Q 2023). Net income: US$706.0m (up 8.0% from 3Q 2023). Profit margin: 27% (in line with 3Q 2023). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 05
Williams Announces Quarterly Cash Dividend, Payable on December 30, 2024 Williams’ board of directors has approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company’s common stock, payable on December 30, 2024, to holders of record at the close of business on December 13, 2024. Ankündigung • Oct 18
The Williams Companies, Inc. to Report Q3, 2024 Results on Nov 06, 2024 The Williams Companies, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024