Williams Companies, Inc. (WMB) is a major U.S. energy infrastructure company with a market cap of $74.4 billion, operating natural gas pipelines and processing facilities. Despite slipping 6.3% from its 52-week high, WMB stock surged 6.2% in the past three months, outperforming the First Trust Nasdaq Oil & Gas ETF. The company reported adjusted earnings of $0.49 per share in the third quarter, slightly below analyst expectations. Wall Street analysts are bullish on WMB, with a consensus “Moderate Buy” rating and a mean price target of $68.75, suggesting an 11.9% potential upside.
Read more at Barchart: How Is Williams Companies’ Stock Performance Compared to Other Oil & Gas Stocks?
