Why Pipeline Stocks Are Tumbling Today [The Motley Fool]
Williams Companies, Inc. (The) (WMB)
Last williams companies, inc. (the) earnings: 2/19 04:15 pm
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US:NYSE Investor Relations:
investor.williams.com
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Source: The Motley Fool
What happened Oil prices continued to crater today. WTI, the U.S. oil benchmark, plunged another % by 0:00 a.m. EDT on Wednesday, falling below $ a barrel, which is a 7-year low. Weighing on oil was the continued shutdown of the global economy due to the COVID-9 coronavirus outbreak and the flood of new supplies coming from OPEC after its market-support agreement collapsed earlier this month The continued plunge in crude oil prices is weighing on nearly the entire energy sector , with several stocks plunging by more than 0% on the day. One sub-sector getting hit particularly hard is large pipeline companies Kinder Morgan ( NYSE:KMI Williams Companies NYSE:WMB ONEOK NYSE:OKE Energy Transfer NYSE:ET Image source: Getty Images. So what The farther crude prices fall, the more worried investors become that the energy sector will see a wave of bankruptcy filings. We've already seen reports Chesapeake Energy NYSE:CHK midstream contracts. That's weighing on Williams Companies, Energy Transfer
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WMB
News
- The Williams Companies, Inc. (NYSE: WMB) had its price target raised by analysts at UBS Group AG from $55.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
- We Think You Should Be Aware Of Some Concerning Factors In Williams Companies' (NYSE:WMB) Earnings [Yahoo! Finance]Yahoo! Finance
- Williams Companies' Q3 Earnings Beat Estimates, Sales Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Williams Companies Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Williams Companies Inc (WMB) Q3 2024 Earnings Call Highlights: Record EBITDA and Strategic ... [Yahoo! Finance]Yahoo! Finance
WMB
Earnings
- 11/6/24 - Beat
WMB
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 144
- WMB's page on the SEC website