Williams Companies Inc Has More Gas To Decrease After Today’s Bearish Options Activity

 Williams Companies Inc Has More Gas To Decrease After Today's Bearish Options Activity

In today’s session Williams Companies Inc (WMB) recorded an unusually high (473) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious WMB decrease. With 473 contracts traded and 48324 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: WMB170120P00030000 closed last at: $1.57 or 3.1% down. About 2.67M shares traded hands. Williams Companies Inc (NYSE:WMB) has risen 57.87% since April 25, 2016 and is uptrending. It has outperformed by 51.86% the S&P500.

Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on February, 15. They expect $0.21 earnings per share, up 2,000.00% or $0.20 from last year’s $0.01 per share. WMB’s profit will be $154.96M for 34.88 P/E if the $0.21 EPS becomes a reality. After $0.20 actual earnings per share reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Williams Companies Inc (NYSE:WMB) Ratings Coverage

Out of 12 analysts covering Williams Companies Inc. (NYSE:WMB), 7 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. Williams Companies Inc. has been the topic of 22 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Evercore with “Buy” on Tuesday, August 2. The stock of Williams Companies Inc (NYSE:WMB) earned “Buy” rating by Argus Research on Wednesday, August 12. Jefferies maintained the shares of WMB in a report on Tuesday, March 22 with “Buy” rating. The firm earned “Buy” rating on Friday, December 18 by Jefferies. Citigroup reinitiated the shares of WMB in a report on Friday, July 22 with “Neutral” rating. Howard Weil downgraded the shares of WMB in a report on Tuesday, September 29 to “Sector Perform” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Thursday, September 10 report. UBS maintained Williams Companies Inc (NYSE:WMB) on Tuesday, August 2 with “Buy” rating. As per Monday, September 26, the company rating was initiated by RBC Capital Markets. As per Wednesday, July 13, the company rating was maintained by Goldman Sachs.

According to Zacks Investment Research, “Williams Companies moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Oklahoma, Williams’ operations span the energy value chain from wellhead to burner tip.”

Insitutional Activity: The institutional sentiment increased to 1.11 in 2016 Q2. Its up 0.18, from 0.93 in 2016Q1. The ratio improved, as 62 funds sold all Williams Companies Inc shares owned while 212 reduced positions. 84 funds bought stakes while 170 increased positions. They now own 614.76 million shares or 0.67% less from 618.90 million shares in 2016Q1.
The Massachusetts-based Bollard Gru Ltd has invested 0% in Williams Companies Inc (NYSE:WMB). Barclays Pcl accumulated 852,447 shares or 0.02% of the stock. The Montana-based First Interstate Bank & Trust has invested 0.03% in Williams Companies Inc (NYSE:WMB). Adage Capital Partners Ltd accumulated 4.68 million shares or 0.28% of the stock. Kanaly Tru Co owns 1,407 shares or 0.01% of their US portfolio. Moody Fincl Bank Tru Division last reported 18,300 shares in the company. Baldwin Brothers Ma owns 2,000 shares or 0.01% of their US portfolio. Calamos Advsr Ltd Liability holds 0.01% or 38,827 shares in its portfolio. Moreover, Covington Cap Management has 0.02% invested in Williams Companies Inc (NYSE:WMB) for 11,648 shares. Hsbc Holdings Public Limited Company last reported 0.11% of its portfolio in the stock. Gemmer Asset Mgmt Ltd Liability holds 0% or 354 shares in its portfolio. Vaughan David Investments Il reported 356,233 shares or 0.42% of all its holdings. Neville Rodie And Shaw, a New York-based fund reported 46,200 shares. Glg Llc has 149,041 shares for 0.24% of their US portfolio. Delta Lloyd Nv holds 0.03% of its portfolio in Williams Companies Inc (NYSE:WMB) for 41,101 shares.

Insider Transactions: Since August 12, 2016, the stock had 1 insider purchase, and 2 sales for $1.09 million net activity. 2,000 Williams Companies Inc (NYSE:WMB) shares with value of $52,468 were sold by Timmermans Ted T. $141,138 worth of Williams Companies Inc (NYSE:WMB) shares were bought by CHAZEN STEPHEN I. The insider Miller Rory Lee sold $1.18 million.

The Williams Companies, Inc. is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The company has a market cap of $21.62 billion. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. It currently has negative earnings. The Company’s Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

WMB Company Profile

The Williams Companies, Inc., incorporated on February 3, 1987, is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Company’s activities are located in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands. The Firm operates through three divisions: Williams Partners, Access Midstream, and Williams NGL and Petchem Services. The Company’s Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses. The Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee contracts. The Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant. Other is comprised of corporate activities and its Canadian construction services company.

More news for Williams Companies Inc (NYSE:WMB) were recently published by: Fool.com, which released: “Here’s What Williams Companies Inc’s CEO Wants You to Know About 2017” on November 15, 2016. Fool.com‘s article titled: “Williams Companies Inc’s Earnings Leave Several Unanswered Questions” and published on November 08, 2016 is yet another important article.

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