Insider Trading in Focus: Williams Companies, Inc. (The) $WMB

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Williams Companies, Inc. (The) (NYSE:WMB) insider have most recently took part in a trading activity. On Jun 20, 2017 Bergstrom Stephen W, Director bought 17,750 shares having total worth of $499,130 at the price of $28.12 per share, following the transaction a total of 17,750 shares owned by Bergstrom Stephen W.

The stock has experienced a total of 6 insider trades in the past three months. These trades include 3 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 10 times by insiders. In 6 of these trades, the insider was a seller while an employee of the company was the buyer in 4 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 3 1.19%
12 Month 4 6 40.08%

Shares of Williams Companies, Inc. (The) (NYSE:WMB) traded down 0.86% on Jun 19, 2017, hitting $28.87. 3,869,380 shares of the company’s stock traded hands. Williams Companies, Inc. (The) has a 52 week low of $11.16 and a 52 week high of $32.42. The company’s market cap is $23,010 million.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its earnings results on May 3, 2017. The company reported 0.14 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.21 by $0.07. The company had revenue of $1,988 million for the quarter, compared to the consensus estimate of $1,900 million. During the same quarter in the previous year, the company posted 0.03 earnings per share. The company’s revenue for the quarter was up 20% on a year-over-year basis.

2017-05-03 2017-02-15 2016-10-31 2016-08-01 2016-05-04 2016-02-17 2015-10-28 2015-07-29 2015-04-29 2015-02-18
earnings per share 0.14 0.17 0.20 0.19 0.03 0.01 0.22 0.15 0.16 0.16
Revenue(M) 1988 2198 1905 1736 1660 2006 1799 1839 1716 2141

Williams Companies, Inc. was originally incorporated under the laws of the state of Nevada in 1949 and reincorporated under the laws of the state of Delaware in 1987. It is a natural gas company, which mainly finds, produces, gathers, processes and transports natural gas. The Company’s operations are conducted through its subsidiaries. The Company’s activities in 2011 were mainly operated through the following business segments: Williams Partners comprised of its master limited partnership WPZ, which includes gas pipeline and domestic midstream businesses. The gas pipeline business includes interstate natural gas pipelines and pipeline joint venture investments, and the midstream business provides natural gas gathering, treating and processing services; NGL production, fractionation, storage, marketing and transportation; deep water production handling and crude oil transportation services and is comprised of several wholly owned and partially owned subsidiaries and joint venture investments; Midstream Canada & Olefins mainly its Canadian midstream and domestic olefins operations. The Company’s Canadian operations include oil sands off-gas processing plant located near Ft. McMurray, Alberta, and an NGL/olefin fractionation facility and butylene’s/butane splitter (B/B splitter) facility, both of which are located at Redwater, Alberta, which is near Edmonton, Alberta. In the Gulf of Mexico region, it owns a 5/6 interest in and are the operator of an NGL light-feed olefins cracker plant in Geismar, Louisiana. The Company also own ethane and propane pipelines systems in Louisiana that provide feedstock to the Geismar plant. Additionally, the Company owns a refinery grade propylene splitter and associated pipeline. Its olefins business also operates an ethylene storage hub at Mont Belvieu using leased third-party underground storage wells. The Company owns and operates a combined total of approximately 13,700 miles of pipelines with a total annual throughput of approximately 3,000 trillion British Thermal Units of natural gas and peak-day delivery capacity of approximately 13 MMdt of gas. Gas Pipeline consists of Transcontinental Gas Pipe Line Company, LLC ‘Transco’ and Northwest Pipeline GP ‘Northwest Pipeline’. Gas Pipeline also holds interests in joint venture interstate and intrastate natural gas pipeline systems including a 49 percent interest in Gulfstream Natural Gas System, L.L.C. The Company’s midstream business, one of the nation’s largest natural gas gatherers and processors, has main service areas concentrated in major producing basins in Colorado, New Mexico, Wyoming, the Gulf of Mexico, and Pennsylvania. The main businesses are: (1) natural gas gathering, treating, and processing; (2) NGL fractionation, storage and transportation; and (3) oil transportation. These fall within the middle of the process of taking raw natural gas and crude oil from the producing fields to the consumer. The Company’s operations are subject t

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.