Daily Stock Analysis: Williams Companies
William Companies Inc, with the ticker (WMB), is a large-cap oil and gas midstream company operating in the energy business sector. This is the fourth of five energy sector candidates competing for the fifty-first slot in my Viital folio. It is my first report on EPD for my Viital portfolio. I have discussed WMB for previous portfolios.
Williams Companies Inc is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets.
In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity.
The Williams Companies, Inc was founded in 1908 and is headquartered in Tulsa, Oklahoma.
Three key data points gauge any dividend equity or fund, such as The Williams Companies, Inc:
|
Adding the $1.70 WMB annual dividend to my estimated one-year price upside estimate of $5.52 shows a $7.22 potential gross gain, per share, to be reduced by any costs to trade Williams Companies shares.
At yesterday's $31.48 closing price, a little over $1000 would buy 32 shares.
A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us $0.31 per share.
Subtract that maybe $0.31 brokerage cost from my estimated $7.22 gross gain estimate per share results in a net gain of $6.91 X 32 shares = $221.12 for a 22% net gain including a 5.40% forward-looking annual dividend yield.
Over the next year our $1K investment in The Williams Companies, Inc shares could generate $54.00 in cash dividends. Of course, a single share of WMB stock bought at yesterday's $31.48 price is almost two times less than the dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this is a positive time to acquire WMB shares based on their forward looking dividends for the year 2022. The forecast annual dividend from $1K invested is 1.72 times greater than yesterday’s single share price. Consider yourself alerted. Now is the time.
All of the estimates above are speculation based on the past history of Williams Companies, Inc. Only time and money invested in this stock will determine its market value.
More By This Author:
Current Report: Enterprise Products Partners
Current Report: Magellan Midstream Partners
Current Report: MPLX LP (MPLX)
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
more