Watch for Continued Gains in Shares of The Williams Companies Inc. (WMB)
Mar 1, 2022
Shares of The Williams Companies Inc. (NYSE:WMB) traded at a new 12-month high today of $31.95. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 9.9 million shares.
Based on a current price of $31.90, The Williams Companies Inc. is currently 3.6% above its average consensus analyst price target of $30.75.
Williams is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
In the past 12 months, shares of The Williams Companies Inc. have traded between a low of $22.59 and a high of $31.95 and are now at $31.90, which is 41% above that low price.
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