
The Williams Companies, Inc. (WMB), headquartered in Tulsa, Oklahoma, operates as an energy infrastructure company focused on connecting North America's hydrocarbon resource plays to growing markets for natural gas, natural gas liquids (NGLs), and olefins. With a market cap of $68.9 billion, the company owns and operates midstream gathering and processing assets and interstate natural gas pipelines.
Shares of this natural gas giant have underperformed the broader market over the past year. WMB has gained 8.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.5%. In 2025, WMB stock is up 4.4%, compared to the SPX’s 15.1% rise on a YTD basis.