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
Key numbers
- Reported 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 diluted 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 5.5/10.
1 of the last 4 quarters beat the estimate; this quarter's +0.3% surprise compares with a +2.1% four-quarter average. Next scheduled report: 2026-11-02.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong growth profile
What argues against it
- Concentration risk — Customer: top ten G&P customers (55.0%)
- Concentration risk — Customer: NWP three largest customers (52.0%)
- Thin upside margin: 3.7%
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
- $74.15
- Price target
- $76.93
- Stop
- $69.81
- Upside to target
- +3.7%
- Reward-to-risk
- 0.6:1
At 29.5× trailing and 28.5× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — 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
- $90.70B
- P/E (fwd)
- 28.5
- P/E (ttm)
- 29.5
- 52-week range
- $56.09–$80.08
- Off 52-week high
- 7.4%
- RSI (14)
- 53
- Volume vs avg
- 1.09×
- Score today
- 5.5/10