Williams Companies, Inc. (The) (WMB) Q3 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
- $0.54
- Estimate
- $0.54
- Surprise
- +0.4%
- Score at report (before → after)
- 5.5 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Williams Companies, Inc. (The) (WMB) reported adjusted EPS of $0.54, in line with the $0.54 estimate. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.4/10 after the report.
Coverage in the report window
- Williams Companies Affirms FY2026 Adj EPS Guidance of $2.35 vs $2.40 Est — benzinga, 2026-11-02
- Williams Companies Q3 Adj. EPS $0.54 Misses $0.55 Estimate, Sales $3.223B Beat $2.893B Estimate — benzinga, 2026-11-02
Where TrendMatrix's rating stands now
TrendMatrix currently rates WMB Sell at 5.4/10.
1 of the last 4 quarters beat the estimate; this quarter's +0.4% surprise compares with a +3.9% four-quarter average.
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: 7.9%
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
- $71.19
- Price target
- $76.84
- Stop
- $66.44
- Upside to target
- +7.9%
- Reward-to-risk
- 1.2:1
At 28.0× trailing and 27.2× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-03 — 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
- $87.08B
- P/E (fwd)
- 27.2
- P/E (ttm)
- 28.0
- 52-week range
- $56.19–$80.08
- Off 52-week high
- 11.1%
- RSI (14)
- 42
- Volume vs avg
- 1.11×
- Score today
- 5.4/10