Williams Companies Inc (WMB) Releases Earnings Results, Misses Expectations By $-0.20 EPS

Williams Companies Inc (WMB) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.03 earnings per share for the quarter, missing the analyst consensus estimate by $-0.20. Analysts had a consensus of $0.23. Analysts expectations of $1851.89 million. During the same quarter in the previous year, the company posted $0.16 EPS.

Williams Companies Inc closed down -0.58 points or -2.99% at $18.81 with 93,13,949 shares getting traded on Monday. Post opening the session at $19.37, the shares hit an intraday low of $18.46 and an intraday high of $19.37 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Dec 2, 2015, Ted T Timmermans (Vice President and Controller) sold 1,000 shares at $36.58 per share price. According to the SEC, on Aug 5, 2015, Robyn L Ewing (Senior Vice President) sold 3,405 shares at $52.46 per share price. On Jun 24, 2015, Fred E. Pace (Senior Vice President) sold 4,388 shares at $60.58 per share price, according to the Form-4 filing with the securities and exchange commission.

The Williams Companies Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas natural gas liquids (NGLs) and olefins. The Company operates through three segments: Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.) which includes gas pipeline and midstream businesses; Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners L.P.) which includes certain domestic midstream businesses that provide gathering treating and compression services to producers under long-term fee-based contracts and Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development including a propane dehydrogenation facility and a liquids extraction plant.

Williams Companies Inc

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