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WMB

Williams Companies Inc

5/22/2013, 6:43 PM ET

Quote & Headlines Market Currents StockTalk

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Wednesday, May 22, 3:46 PM Credit Suisse stresses a more defensive posture in MLPs, focusing attention on large, relatively liquid, investment-grade MLPs or affiliates with exposure to the coming crude oil production boom in North America. Its eight favorite MLPs to buy now: WMB, QRE, LNG, TRGP, CQP, XTEX, ACMP, GEL. 7 Comments [Energy, Quick Ideas]
Wednesday, May 8, 3:46 PM Williams Cos. (WMB -3.5%) is among the weakest stocks in the S&P 500 after reporting a big Q1 profit drop and lowering its 2013 EPS outlook on weaker margins. In today's conference call, CEO Alan Armstrong projected dividends to grow 20%/year through 2015 despite low natural gas liquids prices, and said the needs for North American energy infrastructure would present opportunities for WMB and WPZ. Comment! [Energy, On the Move]
Tuesday, May 7, 5:54 PM More on Williams Cos. (WMB) Q1 results: The 62% drop in Q1 earnings is attributed to a 50% decline in natural gas liquids margins at Williams Partners (WPZ). Issues downside guidance, seeing EPS of $0.72 vs. $1.00 consensus for FY 2013 and $1.30 vs. $1.40 consensus for 2014. WPZ lowers 2013-14 guidance for earnings and distributable cash flow. WMB -3.4%, WPZ +0.2% AH. Comment! [Energy, Earnings, On the Move]
Tuesday, May 7, 4:06 PM Williams Cos (WMB): Q1 EPS of $0.22 misses by $0.02. (PR) 2 Comments [Earnings, Breaking News]
Tuesday, May 7, 12:10 AM Notable earnings after Tuesday’s close: ANDE, ARAY, AWK, AXLL, BIO, BIOL, BMC, BWC, CA, CDXS, CHRW, CODI, DGI, DGIT, DIS, DVA, EA, ENPH, EXEL, GA, GPOR, HTA, IAG, JAZZ, KGC, LYV, MAKO, MCEP, MCK, MDLZ, MITK, MRO, MYGN, NVTL, OAS, OCLR, OHI, ONXX, ORA, PRI, RBCN, SD, SGEN, SYMC, SYNC, TRIP, TWO, URS, VCLK, WBMD, WFM, WMB, WPZ, WTI, Z 1 Comment [Earnings]
Monday, May 6, 5:35 PM Notable earnings after Tuesday’s close: ANDE, ARAY, AWK, AXLL, BIO, BIOL, BMC, BWC, CA, CDXS, CHRW, CODI, DGI, DGIT, DIS, DVA, EA, ENPH, EXEL, GTEK, GA, GPOR, IAG, JAZZ, KGC, LYV, MAKO, MCEP, MCK, MDLZ, MITK, MRO, MYGN, NVTL, OAS, OCLR, OHI, ONXX, ORA, PRI, RBCN, SD, SGEN, SYMC, SYNC, TRIP, TWO, URS, VCLK, WBMD, WFM, WMB, WPZ, WTI, Z 1 Comment [Earnings]
Monday, May 6, 5:00 AM President Obama has signaled his support for increasing the U.S.'s exports of natural gas, saying that the country will probably be a net seller of LNG by 2020. The Department of Energy is assessing applications for 20 projects to export gas to nations with which the U.S. doesn't have a free trade agreement. Companies that could benefit include Dominion Resources (D), Cheniere Energy (LNG), Oiltanking Partners (OILT), Williams Cos. (WMB), Boardwalk Pipeline Partners (BWP) and Sempra Energy (SRE). Dow Chemical (DOW) and Alcoa (AA) are among those to oppose increased LNG exports, as it could raise their costs. 8 Comments [Energy, Top Stories]
Friday, May 3, 10:47 AM Natural gas prices in the northeast U.S. could hit five-year seasonal highs this summer because increasing demand from power plants may be too much for pipelines to handle, analysts say. Kinder Morgan Partners (KMP), Spectra Energy (SE) and Williams Cos. (WMB), which own the region’s main interstate pipelines, say their systems are running at or near capacity. Comment! [Energy]
Thursday, May 2, 3:11 PM Williams Partners (WPZ -2.6%) is downgraded to Neutral from Buy at BofA/Merrill, which views WPZ's risk/reward profile as balanced given its robust backlog of organic growth projects offset by weak natural gas liquids pricing, tight cash distribution coverage and H2 2013 equity needs. Comment! [Energy, Quick Ideas, On the Move]
Friday, March 22, 3:49 PM Williams Cos. (WMB +0.6%) confirms a natural gas pipeline ruptured in West Virginia Friday afternoon. The company has shut down the line and evacuated residents according to Reuters. No one was injured. Comment! [Energy]
Friday, March 22, 8:22 AM Newly released court documents show Range Resources (RRC) paid $750K to settle claims that shale gas drilling ruined a Pennsylvania family’s property. The payout wasn’t an admission of any detrimental health effects, but release could set an uncomfortable precedent for companies that have always kept quiet the details of settlements with people affected by shale drilling. 2 Comments [Energy]
Monday, March 18, 3:52 PM Williams Cos. (WMB -0.8%) plans to spend as much as C$900M building a propane plant in Alberta and is in talks with plastics makers who may build a factory in the province. WMB's propane dehydrogenation plant will be the first in Canada and produce as much as 1.1B lbs./year of polymer-grade propylene; the factory is scheduled to begin operating in 2016. Comment! [Energy]
Friday, March 15, 7:05 PM Morgan Stanley selects 20 stocks for the long term, based on "competitive advantages, business model, pricing power, cost efficiency and growth": AMZN, AMT, BLK, CPN, CP, CVX, COST, EL, GILD, HON, JPM, LTD, MON, NWSA, PM, RPM, SBUX, SYMC, TMO, WMB. 13 Comments [Quick Ideas]
Wednesday, March 6, 8:59 AM Williams Cos. (WMB) and Boardwalk Pipeline Partners (BWP) plan to form a JV to develop a pipeline project to transport natural gas liquids from the Marcellus and Utica shale plays to growing export and petrochemical markets. The proposed pipeline would provide producers with at least 200K bbl/day of mixed NGLs takeaway capacity in Ohio, West Virginia and Pennsylvania. 2 Comments [Energy]
Monday, March 4, 4:48 PM Williams Partners (WPZ) -3.4% AH after announcing plans for a public offering of 10M common units and a concurrent private placement of 3M common units to Williams Cos. (WMB) WPZ plans to use the net proceeds to pay down debt and for general partnership purposes. 1 Comment [Energy, On the Move]
Wednesday, February 20, 4:27 PM Williams Cos. (WMB): Q4 EPS of $0.25 misses by $0.01. Cuts FY 2013 EPS guidance to $0.75-$1.15 vs. consensus $1.16, due to effects of sharply lower ethane and propane prices; sees 2013 cash flow from operations of $2.07B-$2.55B. Shares -2.3% AH. (PR) 1 Comment [Earnings, Energy, Breaking News, On the Move]