The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
Williams Companies WMB
Outside both standards
An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States.
read at $71.81
Williams Companies holds its Distribution at $71.81.
- PHPhase · the trend structure carries the Distribution label
- INInsiders · no filings inside 60 days, left as found
- POPositioning · no disclosures inside 60 days, left as found
- OPOptions · no verdict drawn today, left as found
- SCScreen · does not pass the values gate
- edge confirmed
- edge broken
- edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
The investor read · the season, not the day
| Phase | Distribution · caution |
| Quantitative state | The statistical read favours the buyers, held for 146 days |
| Price | $71.81 |
| Valuation | 28.61 trailing · 27.87 forward price to earnings |
| Values screen | FAIL · score 10.0 |
| Beta | N/A |
The opportunity · what the numbers say it is worth
Our framework reads AVOID — it trades above our $52.64 fair value estimate, moderate competitive moat, 11.20% revenue growth.
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish — a quality-at-a-fair-price name rather than a deep-value one.
| Revenue growth | 11.20% |
| Profit margin | 25.43% |
| Debt to equity | 200.37 |
| Analyst consensus | Buy · 20 covering |
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
The values screen, explained · five checks, plain English
This company is excluded by both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. It fails on both:
Used by most halal investing apps ✗ DOES NOT PASS
The one Titan applies ✗ DOES NOT PASS
Why it fails. The problem is its debt ratio. Because both standards agree on this, it is a clear exclusion, not a borderline case.
What these two standards are, and how they differ →
- Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
- Debt load Interest-bearing debt is 50.2% of its assets, above the one-third ceiling the screen allows. Fail
- Interest-bearing cash Cash held in interest-bearing accounts and securities is 7.8% of assets, under the one-third limit. Pass
- Receivables Money owed to the company is 3.7% of assets, under the 49% limit. Pass
- Revenue purity Only 0.3% of revenue comes from non-compliant sources — under the 5% line. Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
The business, in plain words · what the numbers mean
Pipeline cash flows mask cyclical debt traps
Think of US energy infrastructure as the plumbing that moves gas when demand surges and sits idle when prices crash. Williams Companies sits right in the middle of that system, collecting fees across its transmission and gathering assets.
We pass because the shares trade at a 28.5 times forward multiple while sitting 28 percent above our fair value in a cyclical industry. Revenue growth of 9 percent and a 23 percent profit margin look solid on paper, yet the ethical screen flags the debt burden and the moderate moat offers little protection when volumes turn.
High ROE of 20 percent may reflect peak conditions rather than durable strength, and history shows these multiples compress quickly once energy cycles roll over. Analyst buy ratings and an 84 dollar median target ignore that simple reality.
Analysis, not advice.
| Forward P/E | 27.9x expensive even after accounting for its growth |
| Trailing P/E | 28.6x a premium valuation |
| Revenue growth | 11.2% steady growth |
| Profit margin | 25.4% healthy profit margins |
| Return on equity | 21.5% an exceptional return on shareholder capital |
| Debt to equity | 2.00 heavy leverage — higher risk if revenue softens |
| Current ratio | 0.48 below 1 — short-term bills exceed liquid assets |
| Market cap | $87.8B |
| Employees | 5,987 |
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Latest news · what the market is reading on WMB
- › Williams Is No AI Pipe Dream. The Stock Is a Winner. Barrons.com · 16 Jul 2026
- › Williams Lands $5.34 Billion AI Power Deal With Blackstone-Led Group GuruFocus.com · 14 Jul 2026
- › Chevron Entered The AI Power Business. The Oil Patch Won't Be The Same. Investor's Business Daily · 14 Jul 2026
- › Williams Secures Blackstone-Led $5.34B Deal for AI Power Push Zacks · 14 Jul 2026
- › Top Midday Stories: Trump Says US to Be Guardian of Hormuz Strait; Meta to Invest Over $50 Billion in Louisiana Data Center Expansion MT Newswires · 13 Jul 2026
Headlines from third-party outlets, linked for reference — not our reporting, not advice.
Related securities · others in WMB's space worth a look
Screened names in the same industry · explore each on its own page.
Where & how to trade · wherever in the world you are
WMB trades on a US exchange. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The trader read · the latest dated commentary
The dated journal · newest first, never edited
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 2.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 18% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 25%. The street (23 analysts) rates it buy, with a mean price target of $82.
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
The insider ledger · Form 4 filings, as filed
| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-19 | BERGSTROM STEPHEN W | Director | 16,400 | · | |
| 2026-05-15 | JASEK GLEN G | Officer | 2,500 | $195,383 | |
| 2026-05-15 | JASEK GLEN G | Officer | 2,500 | $71,939 | |
| 2026-05-14 | LARSEN LARRY C | Chief Operating Officer | 12,000 | $917,820 | |
| 2026-05-06 | PORTER JOHN DEAN | Chief Financial Officer | 50,000 | $3,768,280 | |
| 2026-05-01 | WILSON TERRANCE LANE | General Counsel | 2,000 | $152,700 | |
| 2026-04-28 | TYSON JESSE J. | Director | 3,415 | $249,432 | |
| 2026-04-28 | LOCKHART CARRI A | Director | 3,250 | $237,380 | |
| 2026-04-28 | SPENCE WILLIAM H | Director | 5,086 | $371,481 | |
| 2026-04-28 | RAGAUSS PETER A | Director | 4,873 | $355,924 |
Public filings, recorded as found. The full tape lives at Insider Intelligence.
What holding actually paid · price plus dividends
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $74.18 | -2.6% | · | $974 | -2.6% |
| 2 months | $72.74 | -0.7% | · | $993 | -0.7% |
| 3 months | $72.99 | -1.0% | $0.53 | $997 | -0.3% |
| 6 months | $59.99 | +20.5% | $1.03 | $1,222 | +22.2% |
| 1 year | $57.09 | +26.6% | $2.03 | $1,301 | +30.1% |
| 2 years | $39.03 | +85.1% | $3.48 | $1,940 | +94.0% |
| 3 years | $27.20 | +165.6% | $5.32 | $2,852 | +185.2% |
| 5 years | $22.26 | +224.6% | $8.74 | $3,639 | +263.9% |
Historical returns from market close data. Past performance does not guarantee future results.