Williams Cos stock gains as Melius starts coverage

Published on 09/22/2026 at 19:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Williams Cos stock closed at USD 71.65 on September 21, 2026, after trading between USD 71.39 and USD 72.46. Second-quarter revenue reached USD 3.05 billion.

Erdgas-Kompressorstation im Abendlicht, Williams Companies US9694571004 — Fotorealistische Erdgas-Kompressorstation im Abendlicht symbolisiert Williams Companies (ISIN US9694571004) als führenden Midstream-Infrastrukturbetreiber in Nordamerika, Illustration mit AI erstellt.

Williams Cos stock closed at USD 71.65 on the NYSE on September 21, 2026, down 0.56 percent from the prior close of USD 72.05. The result came as Melius initiated coverage with a Buy rating and an USD 84.00 price target, according to Investing.com on September 22, 2026.

Melius targets power demand

The Melius target is USD 12.35 above the September 21 closing price, equivalent to 17.2 percent based on the quoted levels. The report tied its positive view to Williams' power strategy, while the company remains positioned as a midstream operator whose fee-based cash flow depends more on throughput volumes than on spot gas prices.

RBC Capital also raised its price target from USD 83.00 to USD 87.00 and maintained an Outperform rating, as reported by Investing.com on September 22, 2026. That revision places the RBC target USD 15.35 above the latest completed-session close.

Revenue beats the forecast

Williams reported second-quarter 2026 revenue of USD 3.05 billion, exceeding the USD 2.83 billion Wall Street forecast by USD 220 million, according to Investing.com on September 22, 2026. Adjusted earnings per share were USD 0.50 in Q2 2026, matching the forecast rather than exceeding it.

MarketBeat reported that quarterly revenue was up 9.8 percent from the same quarter a year earlier and that the earnings release was published on August 3, 2026. The combination of a revenue beat and unchanged adjusted EPS makes the updated full-year earnings guidance the key operating detail for the current valuation discussion.

Stock remains below yearly high

The September 21 close stood USD 8.43 below Williams' 52-week high of USD 80.08 and USD 15.46 above its 52-week low of USD 56.19. Market capitalization was USD 87.64 billion, while reported volume reached 4,822,124 shares on that completed trading session.

Williams Cos stock closes at USD 71.65

Williams Cos stock closed at USD 71.65 on the NYSE on September 21, 2026, with a daily change of minus 0.56 percent. The latest reported session had a range of USD 71.39 to USD 72.46.