Williams Companies, Inc. (The) (WMB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.50
- Estimate
- $0.50
- Surprise
- +0.3%
- Revenue (period 2026-06-30)
- $3.38B
- Score at report (before → after)
- 5.5 → 5.7/10
Revenue source: xbrl.
How the report landed
Williams Companies, Inc. (The) (WMB) reported adjusted EPS of $0.50, in line with the $0.50 estimate. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WMB Sell at 5.1/10.
1 of the last 4 quarters beat the estimate; this quarter's +0.3% surprise compares with a +3.9% four-quarter average. Next scheduled report: 2027-02-09.
What supports the rating
- Sector modifier (Energy): +1.2
What argues against it
- Concentration risk — Customer: top ten G&P customers (55.0%)
- Concentration risk — Customer: NWP three largest customers (52.0%)
- Leverage penalty (D/E 1.6): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $67.86
- Price target
- $76.84
- Stop
- $64.32
- Upside to target
- +13.2%
- Reward-to-risk
- 1.6:1
At 26.7× trailing and 25.9× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 2.3× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
WMB at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $84.84B
- P/E (fwd)
- 25.9
- P/E (ttm)
- 26.7
- 52-week range
- $56.26–$80.08
- Off 52-week high
- 15.3%
- RSI (14)
- 47
- Volume vs avg
- 2.25×
- Score today
- 5.1/10