The Williams Companies (NYSE:WMB) issued its quarterly earnings results on Sunday. The pipeline company reported $0.31 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.31, MarketWatch Earnings reports. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $1.86 billion. The Williams Companies had a net margin of 1.86% and a return on equity of 7.77%. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS.
Shares of WMB stock traded up $0.93 during trading on Tuesday, hitting $23.84. The company had a trading volume of 13,956,277 shares, compared to its average volume of 9,067,854. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 1.48. The stock’s 50-day moving average is $21.98 and its two-hundred day moving average is $20.89. The stock has a market capitalization of $28.93 billion, a price-to-earnings ratio of 212.11, a price-to-earnings-growth ratio of 3.71 and a beta of 1.72. The Williams Companies has a 52 week low of $8.41 and a 52 week high of $23.89.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 29th. Investors of record on Friday, March 12th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 6.88%. This is a boost from The Williams Companies’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, March 11th. The Williams Companies’s dividend payout ratio is 161.62%.
The Williams Companies Company Profile
The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Atlantic-Gulf, Northeast G&P, and West segments. The Atlantic-Gulf segment comprises Transco, an interstate natural gas pipeline; and natural gas gathering and processing, and crude oil production handling and transportation assets.
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