Williams completes Sequent acquisition, enhancing LNG profile

  • Williams Companies Cos. (NYSE:WMB) raised its gas pipeline marketing footprint to more than 8B cf/day as well as its exposure to growing U.S. liquefied natural gas exports when it closed a deal to acquire Sequent Energy Management from Southwest Airlines . (NYSE:SO)
  • "Sequent's operational footprint in the U.S. and Canada provides Williams Companies with an enhanced North American perspective of natural gas markets, in turn bolstering the company’s natural gas focused strategy," Williams Companies President and CEO Alan Armstrong says.
  • According to S&P Global Platts, Sequent ranked no. 7 among North American marketers with 7.1B cf/day of volumes marketed during Q1, up 3% Y/Y.
  • Williams Companies ' 5.8% yield offers an attractive long-term opportunity to dividend investors.

    Over the current book year the total revenue from the company in Tulsa will be 9.35 billion USD (consensus estimates). This is hugely more than 2020's revenue of 7.72 billion USD.

    Historical revenues and results Williams Companies Companies plus estimates 2020

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    The analysts expect for 2021 a net profit of 1.5 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 1.21 USD. With this the price/earnings-ratio is 21.12.

    Huge dividend Williams Companies Companies

    Per share the analysts expect a dividend of 1.64 USD per share. Williams Companies Companies's dividend yield thus equals 6.42 percent. The average dividend yield of the oil & gas producers equals an attractive 3.08 percent.

    Based on the current number of shares Williams Companies Companies's market capitalization equals 30.98 billion USD. The Williams Companies Companies stock was the past 12 months quite volatile. Since last July the stock is even 38 percent higher. This year the stock price moved between 18 and 28 dollar.

    Historical stock prices Williams Companies Companies from 2007 till 2021

    historical stocks williamscompanies

    On Thursday the stock closed at 25.56 USD.

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