WMB
The Williams Companies, Inc.Evidence as of 2026-09-03Overview · The Williams Companies, Inc.
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production ha…
Management team
- Mr. Larry C. Larsen · Senior Vice President of Gathering & ProcessingFind on LinkedIn
- Mr. Chad A. Teply · Senior Vice President of Transmission & Gulf of AmericaFind on LinkedIn
- Ms. Debbie L. Pickle · Senior VP & Chief Human Resource OfficerFind on LinkedIn
- Mr. Chad J. Zamarin · Executive Vice President of Corporate Strategic DevelopmentFind on LinkedIn
Start your 7-day free trial to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.1 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+0.1 of a possible +2; was +0.1 before debate) with high confidence. Revenues rose slightly from $ 3,030,000,000 in Q1 2026 (fiscal quarter ended 2026-04-30) to $ 3,053,000,000 in Q2 2026 (fiscal quarter ended 2026-07-30), and the most recent quarter’s revenue is higher than the comparable prior-year quarter of $ 2,781,000,000 in Q2 2025 (fiscal quarter ended 2025-07-31). Operating income fell sequentially from $ 1,321,000,000 in Q1 2026 to $ 1,182,000,000 in Q2 2026 while net income remained above the prior-year level (most recently $ 827,000,000 versus $ 546,000,000 in Q2 2025).
Diluted EPS was $ 0.70 in Q1 2026 and $ 0.68 in Q2 2026, versus $ 0.45 in Q2 2025. Point-in-time shares outstanding edged up to 1,223,167,472 as of 2026-07-30. Balance-sheet aggregates reported increased total assets of $ 60,610,000,000 and stockholders’ equity of $ 13,190,000,000 as of 2026-06-30, from $ 54,532,000,000 and $ 12,436,000,000 respectively as of 2024-12-31.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenues were $3,030,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo) and $3,053,000,000 in fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo), showing a small sequential increase of $23,000,000 between those two fiscal quarters.
XBRL companyfacts · 0000107263-26-000017Comparing year-ago quarters, revenues were $2,781,000,000 in fiscal Q2 2025 (2025-04-01 to 2025-06-30, 3mo) and $2,923,000,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo), while the most recent fiscal Q2 2026 revenue was $3,053,000,000, indicating revenues are higher in the latest reported quarter than in the same quarter one year earlier.
XBRL companyfacts · 0000107263-26-000026Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
On August 17, 2026, Michael A. Creel notified the company that he will not stand for reelection to the Board at the 2027 Annual Meeting and will retire from the Board upon the expiration of his current term.
8-K filed 2026-08-21The filing dated August 21, 2026 states that Mr. Creel's decision not to stand for reelection is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
8-K filed 2026-08-21Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Three-month momentum is +5.6% and six-month momentum is +0.6%; the 12-1 momentum metric is +22.4% and ranks in the 60th percentile of the 547-stock research universe on 2026-09-02.
Moneyta signal set · 2026-09-02weakened in debateTrend-state indicators show a golden cross is present, price is +2.3% vs its 50-day SMA and +8.3% vs its 200-day SMA as of 2026-09-02.
Moneyta signal set · 2026-09-02Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, WMB was held in the iShares Core S&P 500 ETF (IVV) at a weight of 0.14% of that fund.
ETF constituents · market dataA Form 4 insider filing for WMB was submitted with the 4 filed 17 August 2026 and a filed date of 2026-08-17; the parse status in the evidence is 'skipped' and no primary_doc_url is provided.
Form 4 × 1 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Two outlets ran the same dividend-focused comparison between Williams and Kinder Morgan, framing coverage around dividend growth, payout coverage and streak length rather than company-specific operational developments.
News · finance.yahoo.com · 2026-09-02A second outlet syndicated the identical dividend-comparison piece, indicating the dividend theme is being carried by multiple distinct outlets.
News · 247wallst.com · 2026-09-02Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
On 2026-08-14, Wilson Terrance Lane (SVP & General Counsel) sold 2,800 shares for a reported value of "$210k".
Form 4 · Wilson Terrance Lane (SVP & General Counsel) · $210k sold · 2026-08-14On 2026-08-14, Wilson Terrance Lane (SVP & General Counsel) sold 10,200 shares for a reported value of "$764k".
Form 4 · Wilson Terrance Lane (SVP & General Counsel) · $210k sold · 2026-08-14Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The implied free cash flow (FCF) growth rate that today's price would justify under the stated discount and terminal assumptions is 26.53%.
Valuation inputs · SEC XBRL + stored EOD closePrice to trailing twelve months free cash flow (P/FCF) is 39.62.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Submitted filings show sequential and year-over-year revenue strength and materially higher net income and EPS versus the prior-year comparable quarter, backed by SEC-reported quarter figures (fundamentals-0, fundamentals-1, fundamentals-3, fundamentals-4). Point-in-time balance-sheet totals also show growth in total assets and shareholders’ equity between 2024-12-31 and 2026-06-30, which is direct filing evidence of an expanded capital base (fundamentals-6). Market signals corroborate constructive technical and income characteristics — momentum metrics, a golden-cross trend-state, and an elevated dividend yield percentile provide market-context support (market-0, market-1, market-2). The street consensus skew toward buy-rated coverage (multiple buy restatements and reiterations) is a separate, independent data point that aligns with the favorable read (third-party consensus).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.32
35 surviving claims rest on 17 distinct sources; the heaviest analyst carries 20% of them, and 99% of what the desk raised survived the debate.
The evidence set is moderately resilient: 35 surviving claims draw on 17 distinct sources, so key points are backed by multiple documents but not by a large number of independent outlets. The single heaviest analyst accounting for 20% of claims and a 99% survival rate through debate suggest low internal contrarian testing — useful informational weight, but interpret with caution for possible source or analyst concentration biases.
Peer context · computed, not argued
12-1 momentum ranks 2nd of 4 in Oil & Gas Midstream (as of 2026-09-02).
6-month relative strength ranks 3rd of 4 in Oil & Gas Midstream (as of 2026-09-02).
90-day volatility ranks 3rd of 4 in Oil & Gas Midstream (as of 2026-09-02).
dividend yield ranks 3rd of 4 in Oil & Gas Midstream (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
15 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.7 to the score
3 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.5 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 filing
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.8 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
Get this for the tickers you actually hold
Plus the one thing no sample can show: how each name correlates with your portfolio, and what hides inside your funds.
The full terminal on WMB Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.