The Williams Companies: Overlooked Midstream Champion
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Andres Veurink260 FollowersFollow5ShareSavePlay(16min)CommentsSummaryThe Williams Companies is rated a Buy for its highly reliable, fee-based revenue model and dominant US midstream position.WMB’s aggressive expansion into non-regulated pipelines targets data center-driven demand, supporting high single-digit growth in top and bottom lines.Dividend growth is steady but restrained; a more aggressive payout or buyback could justify a Strong Buy, but current premium valuation tempers upside.Leverage remains elevated but manageable due to stable cash flows, with future EBITDA growth expected as new capacity comes online. Leonid Eremeychuk/iStock via Getty Images Investment Thesis The Williams Companies, Inc. (WMB) does get mentioned sometimes when talking about midstream companies, but not enough. It is an industry that is already characterized as being very reliable in terms of revenuesThis article was written byAndres Veurink260 FollowersFollowMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors to follow are tech, specifically SaaS and cloud business. I find these offer incredible growth opportunities and are also very fun to research and follow. It's a very active space with plenty of news coming out each week. Work is my own thoughs and research is done only by myself.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.