WMB
Williams Companies Inc
Utilities, Event Driven/Special Sit, Energy
06/30/2015
Presented
| Date | 06/25/2015 |
| Price | $55.25 |
| Market Cap | N/A |
| Ent Value | $74.90B |
| P/E Ratio | 20.1x |
| Book Value | $10.98 |
| Div Yield | 4.27% |
| Shares O/S | 749.01M |
| Ave Daily Vol | 9,330,000 |
| Short Int | 4.08% |
Current
| Price | $50.90 |
| Market Cap | $62.04B |
| The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in Northwestern New Mexico and Southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that connects its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it gathers, treats, and processes natural gas and natural gas liquids; and offers deepwater production handling and crude oil transportation services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company gathers, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutane/butylene, and condensate. As of December 31, 2014, it owned and operated approximately 13,600 miles of pipelines; and approximately 1,096 miles of NGL pipelines. The company was founded in 1908 and is headquartered in Tulsa, Oklahoma. |
Publicly traded companies mentioned herein: Energy Transfer Partners LP (ETP), Williams Companies Inc (WMB)
Highlights
The presenter is long shares of Williams Companies (WMB), citing attractive synergies to be had in the case of an Energy Transfer takeover. He is bullish on the likelihood of a deal happening, in which case the NewCo could be worth as much as $110.
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