NYSE: WMB

Williams Companies (WMB) Stock Analysis & Forecast

Nov 4 close

$67.86−4.61 (−6.4%)

Gekko Brief

AI summaryNov 4 close

Williams Companies reported record third-quarter results this week, with revenues of $3,223 million beating consensus and growing 10.3% year-over-year, alongside record adjusted EBITDA of $2.04 billion, up 6% year-over-year. Earnings per share came in at $0.50 against an estimate of $0.52, a narrow miss attributed to higher costs. The quarter featured the Momentum Midstream acquisition completed ahead of schedule, progress on the Socrates power project's second phase, and commentary on one or two more hyperscaler power deals expected by year-end, with financing, permits and earnings timing drawing scrutiny on the call. One commentary piece described the stock as looking overvalued despite the operational progress.

WMB closed at $67.86, down 6.4% on the day and below both its 50-day average of $72.17 and 200-day average of $72.56, with the 50-day under the 200-day. The GekkoIndex reads 63.8, placing the stock in the Accumulation zone. Gekko Fair Value stands at $69.31, putting price 2.1% below that level.

The next earnings date is 9 February 2027, 96 days out and beyond a typical 20-trading-day hold. Over the last 30 days, 2 unusual options signals appeared, with call premium of $16,449,159 against no put premium recorded. Seasonally, the next 20 trading days have averaged a 3.6% gain over 5 years, rising in 4 of them. Analyst coverage from 19 firms is unanimously rated buy, with a consensus target of $85.38.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Williams Companies price vs fair value

$69.31$67.86Nov ’25May ’26Nov ’26
Close $67.86200-day averageGekko Fair Value $69.31

Williams Companies quick facts

Market cap
$83.00B
P/E ratio
28
Forward P/E
27.6
EPS, TTM
$2.54
Revenue, TTM
$12.32B
Profit margin
24.9%
Dividend yield
2.76%
Beta
0.63
Volume
20.54M avg 9.06M
1-year return
+15.0%
Typical daily move
±4%
Typical 20-day move
±3.9%
50-day average
$72.17
200-day average
$72.56
Next earnings
Feb 9
Shares outstanding
1.22B
52-week range
$56.19$80.08

Williams Companies swing-trade checklist

Williams Companies scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $67.86 is below the 50-day ($72.17) and 200-day ($72.56) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    63.8, Accumulation

    Reading 63.8 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    2.1% below

    Price is within 5% of Gekko Fair Value (2.1% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 96 days

    Next report Feb 9, 2027, 96 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.6% on average

    From this point in the calendar, the next 20 trading days averaged +3.6% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Williams Companies stock chart and price history

Williams Companies closed at $67.86 on Nov 4, 2026, +15.0% over the past year, inside a 52-week range of $56.19 to $80.08.

Close50-day average200-day averageVolume
Williams Companies share price, past year, with 50-day and 200-day moving averages and volume$60$65$70$75$80DecJan 2026FebMarAprMayJunJulAugSepOct67.86

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.3%
3 months
−5.4%
6 months
−8.0%
1 year
+15.0%
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About Williams Companies

Williams Companies moves and processes natural gas across the United States through pipelines, gathering and processing plants, and storage facilities that serve producers and end users of gas and natural gas liquids. It is known for large pipeline systems, including the Transco and Northwest lines, along with gathering, treating and fractionation facilities near major shale regions.

The business runs in four segments. Transmission and Gulf of Mexico operates interstate pipelines plus gathering, processing and crude handling along the Gulf Coast, along with petrochemical and feedstock lines. Northeast G&P covers gathering, processing and fractionation in the Marcellus and Utica shale areas. West handles gas gathering, processing and treating across the Rockies, Barnett, Eagle Ford, Haynesville and Mid-Continent basins, plus NGL fractionation and storage near Conway, Kansas. Gas and NGL Marketing Services sells and trades natural gas and NGLs to utilities, municipalities, power generators and producers, and offers risk and asset management services. Together these operations include about 30,000 miles of pipeline, 29 processing plants, 7 fractionation facilities and roughly 23 million barrels of NGL storage.

Williams Companies was founded in 1908 and is based in Tulsa, Oklahoma. Its shares are listed on the NYSE under the ticker WMB.

Listed
NYSE
Sector
Industrial services
Industry
Oil & gas pipelines
Website
williams.com

Williams Companies GekkoIndex: the smart money zone

Williams Companies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.8, in the Accumulation zone, up 10.7 points over five sessions.

010063.8Accumulation

Up 10.7 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying13+2.2%+3.7%+3.6%+11.2%
Accumulation (current zone)159+1.7%+2.8%+3.9%+5.8%
Neutral459+0.2%+0.5%+1.8%+6.2%
Distribution65+0.4%+1.9%+2.5%+3.2%
Selling1Too few readings yet

Average WMB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the WMB price, zone by zone.Track WMB in Gekko

Is Williams Companies stock overvalued? Gekko Fair Value

Williams Companies trades 2.1% below Gekko Fair Value of $69.31, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Williams Companies shares are worth, recalculated every trading day.

$69.31

Gekko Fair Value, Nov 4, 2026

2.1% below fair value · About fair value

At the end of Aug 2026 the price was 4.5% above the estimate.

Gekko Fair ValueShare price, month end
$69$72Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open WMB in Gekko

Williams Companies insider and Congress trading

No open-market insider purchases were filed for Williams Companies, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for WMB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every WMB insider filing, plotted on the chart in Gekko.Open WMB in Gekko

Congress trades last 90 days

No trades in WMB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for WMB, plotted on the chart in Gekko.Open WMB in Gekko

Buybacks

Williams Companies has been buying back its own shares.

Bought back, quarter ended Jun 30, 2023
$56.00M
As a share of market cap
0.07%

From company filings.

Unusual options activity last 30 days

2signals, 100% of the flagged premium in calls.

Latest: Bullish flow on Oct 28, $7.96M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold WMB.

0added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Williams Companies earnings: next date and track record

Williams Companies reports on Feb 9, 2027 (96 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±2.6%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+4.5%Nov ’24+4.0%Feb ’25−2.2%May ’25−2.1%Aug ’25−2.4%Nov ’25+4.8%Feb ’26+0.8%May ’260.0%Aug ’26

Last earnings call, Aug 3, 2026 AI summary

What they said
Williams reported a strong operational quarter highlighted by the successful in-service of Phase 1 of the Socrates Power Innovation project, strategic transactions including a Power Innovation joint venture (JV) with Blackstone and the acquisition of Momentum Midstream, and multiple Transco pipeline contract signings and upsizes. Management emphasized execution (on-time, within-budget delivery of Socrates), commercialization progress for additional power projects, expansion of the Haynesville and Gulf Coast footprint via the Momentum acquisition, and efficient financing via the JV ($5.34 billion committed capital at a capped 6.35% equity cost). Financially, Williams updated full-year outlooks: adjusted EBITDA outlook increased to $8.3–$8.5 billion (reflecting Momentum), with revised EPS and AFFO guidance, updated growth CapEx to reflect announced projects, and an expected year-end leverage of ~3.9x (3.75x on a normalized full-year run rate). Management reiterated conservative modeling assumptions in some areas, but signaled confidence in exceeding long-term targets and in the company's ability to fund and scale additional Power Innovation projects.
Guidance
Updated full-year 2026 adjusted EBITDA guidance: $8.3 billion to $8.5 billion. Revised EPS and AFFO guidance (specific numbers not disclosed in transcript). Growth CapEx guidance updated to reflect announced projects. Expected year-end leverage ~3.9x (3.75x normalized full-year basis).
Risks flagged
Near-term leverage constraints in 2026–2027 (~3.9x year-end; internal ceiling ~4x). Weather and hurricane season risks impacting operations and results. Short-term weak gas prices could weigh on volumes/margins. Timing/regulatory risk for larger Transco projects (many in 2030+ timeframe). Execution/resource constraints: equipment delivery and balance-of-plant timing and construction cadence could limit simultaneous project execution. Share issuance: shares released over 180 days with trading restrictions (minor dilution/pressure risk).
ReportedEPSSurpriseRevenueSurpriseMove
Aug 3, 2026$0.50
est $0.52
−3.8%$3.05B
est $2.83B
+7.9%0.0%
May 4, 2026$0.73
est $0.63
+15.9%$3.03B
est $3.28B
−7.6%+0.8%
Feb 10, 2026$0.55
est $0.56
−1.8%$3.20B
est $3.02B
+6.0%+4.8%
Nov 3, 2025$0.49
est $0.52
−5.8%$2.92B
est $2.88B
+1.4%−2.4%
Aug 4, 2025$0.46
est $0.48
−4.2%$2.77B
est $2.73B
+1.6%−2.1%
May 5, 2025$0.60
est $0.57
+5.8%$3.05B
est $2.94B
+3.6%−2.2%
Feb 12, 2025$0.47
est $0.45
+4.4%$2.74B
est $2.68B
+2.3%+4.0%
Nov 6, 2024$0.43
est $0.42
+2.4%$2.65B
est $2.52B
+5.1%+4.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Williams Companies stock forecast and analyst price targets

Analysts’ average 12-month price target for Williams Companies is $85.38, +25.8% from the last close, from 19 firms rating the stock in the last 90 days.

$85.38consensus 12-month target, +25.8% from the last close
Low $82High $103
Buy19
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 19 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 4RBC CapitalBuy, reiterated$87+28.2%
Nov 4BMO CapitalBuy, reiterated$86+26.7%
Nov 4Wells FargoBuy, reiterated$90+32.6%
Nov 4Stifel NicolausBuy, maintained$85+25.3%
Nov 3ScotiabankBuy, maintained$85+25.3%
+3.9%average 20-day move after past Accumulation readings
+3.6%average move over the next 20 trading days in the last 5 years
±4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Williams Companies seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Williams Companies averaged +3.6% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

−4.1%2021+1.9%2022+1.4%2023+8.6%2024+8.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.4%4 of 5
Next 10 trading days+2.5%2 of 5
Next 15 trading days+3.4%3 of 5
Next 20 trading days+3.6%4 of 5
Next 30 trading days−2.0%2 of 5

For scale, WMB’s typical 20-trading-day move in either direction is about 3.9%.

Williams Companies market cap and key statistics

Williams Companies’s market cap is $83.00B, with a P/E ratio of 28 and revenue of $12.32B over the last twelve months.

Valuation

Market cap
$83.00B
P/E ratio
28
Forward P/E
27.6
EPS, TTM
$2.54
Gekko Fair Value
$69.31

Trading

Volume
20.54M
Avg volume, 20 days
9.06M
52-week high
$80.08
52-week low
$56.19
Shares outstanding
1.22B

Financials

Revenue, TTM
$12.32B
Profit margin
24.9%
Return on equity
21.5%
Quarterly earnings growth, YoY
+51.2%

Risk and income

Beta
0.63
Typical daily move
±4%
Typical 20-day move
±3.9%
Dividend yield
2.76%

Williams Companies peers

Williams Companies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
ENBEnbridge−0.3%Neutral0.8% above
EPDEnterprise Products Partners−1.4%Neutral19.9% below
KMIKinder Morgan−3.4%Accumulation17.1% below
ETEnergy Transfer−0.5%Neutral40.3% below
TRPTC Energy−1.3%Neutral2.0% below
LNGCheniere Energy−4.8%Neutral40.5% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Oil & gas pipelines

Williams Companies stock FAQ

What is Williams Companies’s market cap?

Williams Companies’s market cap is $83.00B at the Nov 4, 2026 close of $67.86, with 1.22B shares outstanding. The shares trade on a P/E ratio of 28.

What is the Williams Companies stock forecast?

The consensus analyst 12-month price target for Williams Companies is $85.38, +25.8% from the last close. Of the 19 firms that rated the stock in the last 90 days, 19 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Williams Companies stock overvalued or undervalued?

On Gekko’s estimate Williams Companies is about fair value: the Nov 4, 2026 close of $67.86 is 2.1% below Gekko Fair Value of $69.31. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Williams Companies report earnings next?

Williams Companies is expected to report on Feb 9, 2027 (96 days away). Analysts expect earnings of $0.63 per share on revenue of $3.39B. Williams Companies beat the earnings estimate in 4 of its last 8 reports, moving 2.6% on average across the report.

What is Williams Companies’s 52-week high and low?

Williams Companies’s 52-week high is $80.08 and its 52-week low is $56.19; it closed at $67.86 on Nov 4, 2026, +15.0% over the past year.

Is Williams Companies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, smart money, earnings risk and seasonality), 1 as mixed (fair value) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Williams Companies?

Gekko flagged 2 unusual options signals in Williams Companies over the last 30 days, with $16.45M of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Oct 28, 2026 with $7.96M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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