Williams Companies Inc
WMB: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$24.00 | Myjsyfp | Rwphnqswf |
Williams Earnings: Storage Remains Hot as Market Reaches a Tipping Point
Williams’ first-quarter results generally met our expectations, and we will maintain our $38 fair value estimate and narrow moat rating. 2024 EBITDA guidance was reaffirmed by management as at the top of half of its $6.8 billion to $7.1 billion range, and we see our $7 billion forecast as reasonable. Overall EBITDA improved 8% year over year to $1.9 billion.