The Williams Companies, Inc. (WMB), a large-cap energy infrastructure company with a market cap of $69.7 billion, owns and operates midstream assets and pipelines. Despite a recent decline in stock price, WMB has outperformed the Energy Select Sector SPDR Fund over the past year. Strategic acquisitions and strong financial results have contributed to its success. However, WMB recently reported Q2 results that missed Wall Street expectations. Analysts are bullish on WMB’s future, with a consensus “Moderate Buy” rating and a mean price target suggesting a potential upside of 13.8% from current levels.
Read more at Yahoo Finance: Is WMB Outperforming the Energy Sector?