WMB
Williams CompaniesNYSEEnergyOil & Gas MidstreamSnapshot 2026-05-08
As of May 8, 2026, WMB has a composite score of 4.1, indicating a mixed signal with medium confidence at 77.2. The score is influenced by favorable scenarios such as a potential inflation reversal and an improving energy sector trend, while unfavorable scenarios include risks from a weakening sector trend and negative labor and growth reversals. The overall risk is labeled as moderate, with a sector score of 2.6 and a valuation score of 57.7, categorized as fair. This analysis is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)-0.25
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.53 → $0.52 (-3.0% / 30d). 3 raised, 0 cut, 9 covering analysts.
1 upgrade, 0 downgrades / 30d, 2 maintained. 84% of analysts rate Buy.
4 PT revisions / 30d. Avg target 13.8% above current price.
0 positive, 0 negative / 30d.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
8 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Expand pipeline transmission projectsgrowthbehind0% progress
2/10: “CEO: 'Our teams completed 1.1 Bcf/d of pipeline transmission projects in 2025 and are advancing another 7.1 Bcf/d of pipeline projects currently in execution.'”
Why this status
Newly stated in 2025-Q4. The company reported revenue of $2.028 billion in 2025-Q4, down from $2.923 billion in 2025-Q3. Despite the revenue decline, the focus on advancing pipeline projects suggests a strategic emphasis on future growth. Limited substantive delivery this quarter as the projects are still in execution.
- 2.Increase power innovation investmentgrowthbehind0% progress
2/10: “CEO: 'Announcing a new power innovation project, Socrates the Younger, which increases our power innovation investment to over $7 billion of capital in execution.'”
Why this status
Newly stated in 2025-Q4. The company has committed to increasing its power innovation investment to over $7 billion. While the financials show a decrease in net income from $647 million in 2025-Q3 to $400 million in 2025-Q4, the strategic focus on power innovation indicates a long-term growth trajectory. Limited substantive delivery this quarter as the investment is ongoing.
- 3.Maintain dividend growthcapital allocationmixed35% progress
2/10: “Press Release: 'Raised dividend by 5% to $2.10 annualized for 2026; 52 consecutive years of dividend payments.'”
Why this status
Newly stated in 2025-Q4. The company increased its dividend from $2.00 in 2025 to $2.10 in 2026, reflecting a 5% growth. This marks 52 consecutive years of dividend payments, demonstrating a consistent commitment to shareholder returns. The trajectory is delivering on the stated priority.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 22%; 252d 22%.
Drawdown — Max 1y −12%. Bad day move −2%.
Beta to sector ETF (XLE) — 0.05 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 63/100, drawdown 75/100, beta 5/100, earnings vol —.
Calm + bullish setup — clean pre-earnings positioning pattern.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Expand pipeline transmission projects
GrowthAdvance 7.1 Bcf/d of pipeline projects currently in execution.
BehindNewly stated in 2025-Q4. The company reported revenue of $2.028 billion in 2025-Q4, down from $2.923 billion in 2025-Q3. Despite the revenue decline, the focus on advancing pipeline projects suggests a strategic emphasis on future growth. Limited substantive delivery this quarter as the projects are still in execution.
0%CEO/CFO:“CEO: 'Our teams completed 1.1 Bcf/d of pipeline transmission projects in 2025 and are advancing another 7.1 Bcf/d of pipeline projects currently in execution.'”Press releaseSource dated 2026-02-10Stated 1 of last 8 quartersFirst seen 2026-02-10Show history (1)
- 2025-Q4Press release
“CEO: 'Advancing another 7.1 Bcf/d of pipeline projects currently in execution.'”
- #2
Increase power innovation investment
GrowthIncrease power innovation investment to over $7 billion of capital in execution.
BehindNewly stated in 2025-Q4. The company has committed to increasing its power innovation investment to over $7 billion. While the financials show a decrease in net income from $647 million in 2025-Q3 to $400 million in 2025-Q4, the strategic focus on power innovation indicates a long-term growth trajectory. Limited substantive delivery this quarter as the investment is ongoing.
0%CEO/CFO:“CEO: 'Announcing a new power innovation project, Socrates the Younger, which increases our power innovation investment to over $7 billion of capital in execution.'”Press releaseSource dated 2026-02-10Stated 1 of last 8 quartersFirst seen 2026-02-10Show history (1)
- 2025-Q4Press release
“CEO: 'Increases our power innovation investment to over $7 billion of capital in execution.'”
- #3
Maintain dividend growth
Capital allocationRaised dividend by 5% to $2.10 annualized for 2026, marking 52 consecutive years of dividend payments.
MixedNewly stated in 2025-Q4. The company increased its dividend from $2.00 in 2025 to $2.10 in 2026, reflecting a 5% growth. This marks 52 consecutive years of dividend payments, demonstrating a consistent commitment to shareholder returns. The trajectory is delivering on the stated priority.
35%CEO/CFO:“Press Release: 'Raised dividend by 5% to $2.10 annualized for 2026; 52 consecutive years of dividend payments.'”Press releaseSource dated 2026-02-10Stated 1 of last 8 quartersFirst seen 2026-02-10Show history (1)
- 2025-Q4Press release
“Press Release: 'Raised dividend by 5% to $2.10 annualized for 2026.'”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Not enough peers to compare yet.
Around its own typical valuation.
P/E over the last 5 years
71 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
WMB Williams Companies | +4.1 | fair | moderate |
XOM ExxonMobil | +5.8 | expensive | moderate |
CVX Chevron Corporation | +3.0 | expensive | moderate |
COP ConocoPhillips | +8.0 | expensive | moderate |
SLB Schlumberger | -13 | expensive | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If inflation state reverses from -0.34 (negative) to +0.34 (positive)+5.4 pts
- If energy sector trend rises from -0.03 into 'improving' (>= +0.20)+5.0 pts
- If energy sector trend falls from -0.03 into 'weakening' (<= -0.20)-5.0 pts
- If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.1 pts
- If growth state reverses from +0.25 (positive) to -0.25 (negative)-2.5 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-044d agoItem 2.02
Results of Operations and Financial Condition On May 4, 2026, The Williams Companies, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release and accompanying financial highlights and operating statistics and reconciliation schedules are furnished herewith as Exhibit 99.1 and are incorporated herein in their entirety by reference. The press release and accompanying financial highlights and operating statist…
earnings preannouncement—score 60 - 2026-05-044d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Amendment and Restatement of The Williams Companies, Inc. 2007 Incentive Plan At The Williams Companies, Inc.’s (the “Company’s”) 2026 Annual Meeting of Stockholders (the “Annual Meeting”) held on Tuesday, April 28, 2026, the Company’s stockholders approved the Amendment and Restatement of The Williams Companies, Inc. 2007 Incentive Plan (the “Amen…
executive changeneutralscore 51 - 2026-03-261mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On March 23, 2026, Alan S. Armstrong notified The Williams Companies, Inc. (“the Company”) that, effective at the end of the day March 23, 2026, he was resigning from the Company’s Board of Directors (the “Board”) so that he could accept an appointment by Oklahoma Governor Kevin Stitt to serve as a United States Senator representing the State o…
executive changeneutralscore 21 - 2026-02-102mo agoItem 2.02
Results of Operations and Financial Condition On February 10, 2026, The Williams Companies, Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the press release and accompanying financial highlights and operating statistics and reconciliation schedules are furnished herewith as Exhibit 99.1 and are incorporated herein in their entirety by reference. The press release and accompanying financial highlights and…
earnings preannouncementneutralscore 9 - 2026-01-084mo agoItem 1.01
Entry Into Material Definitive Agreement. On January 8, 2026, The Williams Companies, Inc. (the “Company”) completed a registered offering (the “Offering”) of $500 million aggregate principal amount of its 5.650% Senior Notes due 2033 (the “ New 2033 Notes”), $1.25 billion aggregate principal amount of its 5.150% Senior Notes due 2036 (the “2036 Notes”) and $1 billion aggregate principal amount of its 5.950% Senior Notes due 2056 (the “2056 Notes” and, together with the New 2033 Notes and the…
capital allocationneutralscore 4
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.