NYSE:WMBOil and Gas
Williams Companies (WMB) Margin Miss Challenges Bullish Narratives on Earnings Growth and Dividend Outlook
Williams Companies (WMB) posted net profit margins of 20.4% for the recent period, down from last year’s 27.8%. Although earnings are forecast to grow at 13.53% annually, this is slower than both the US market average of 16% and the broader oil and gas industry. The current share price of $56.51 sits below an estimated fair value of $75.76. With a Price-to-Earnings ratio of 29.2x, WMB trades at a significant premium to its peers. Investors will note strong historical earnings growth over the...