WMB Stock Summary and Trading Ideas (Williams Companies | NYSE:WMB)

Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.

Williams Companies trades on the NYSE stock market under the symbol WMB.

As of April 19, 2024, WMB stock price climbed to $38.51 with 6,254,251 million shares trading.

WMB has a beta of 0.53, meaning it tends to be less sensitive to market movements. WMB has a correlation of 0.14 to the broad based SPY ETF.

WMB has a market cap of $46.92 billion. This is considered a Large Cap stock.

Last quarter Williams Companies reported $3 billion in Revenue and $.48 earnings per share. This beat revenue expectation by $144 million and exceeded earnings estimates by $.02.

In the last 3 years, WMB stock traded as high as $39.76 and as low as $23.21.

The top ETF exchange traded funds that WMB belongs to (by Net Assets): VTI, VOO, XLE, SPY, VO.

WMB has outperformed the market in the last year with a price return of +34.1% while the SPY ETF gained +21.2%. WMB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +15.1% and -1.8%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

WMB support price is $37.19 and resistance is $37.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WMB stock will trade within this expected range on the day.