ADVFN - Advanced Financial Network.
HOME» NYSE » W » WMB Stock Price » WMB Stock News

Williams Share News

 Williams Cos (the) Stock Price
WMB Stock Price
 Williams Cos (the) Stock Chart
WMB Stock Chart
 Williams Cos (the) Stock News
WMB Stock News
 Williams Cos (the) Company Information
WMB Company Information
 Williams Cos (the) Stock Trades
WMB Stock Trades

Williams Cos. Unveils 26 Million Share Offering To Fund Caiman Deal

DOW JONES NEWSWIRES Williams Cos. (WMB) said it plans to offer 26 million of its shares as part of an effort to help fund Williams Partners L.P.'s (WPZ) $2.5 billion acquisition of Caiman Eastern Midstream LLC. Williams Partners, which unveiled the acquisition plan earlier this month, is the midstream and interstate gas pipeline asset-holder of energy company Williams Cos. Williams Cos. said it intends to use the money raised from the stock offering to buy Williams Partners common units to help fund the deal. Williams Cos. has roughly 600 million shares outstanding. Williams Partners expects significant growth in gathering volumes and natural-gas liquids production from the Caiman assets. There are an estimated 300 trillion cubic feet of natural gas in place within a 35-mile radius of the existing gathering system there, and a significant amount remains undedicated, it has said. Williams had said it planned to make an investment in Williams Partners of approximately $1 billion to facilitate the Caiman deal. Last month, Williams Cos. said it swung to a fourth-quarter loss, mostly on write-downs related to its former exploration and production business, while Williams Partners's fourth-quarter earnings improved on strong margins on natural-gas liquids. Williams Cos. shares closed at $30.59 Thursday and were down 0.8% after hours. The stock is up 15% over the past three months. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108;

Stock News for Williams (WMB)
05/04/201619:30:00Williams Cos. Swings to Loss
05/04/201619:06:00Williams Swings to Loss, Discloses Job Cuts
05/04/201617:43:27Current Report Filing (8-k)
05/04/201616:15:00Williams Partners Reports First Quarter 2016 Financial Results
05/04/201616:15:00Williams Reports First Quarter 2016 Financial Results
05/04/201608:10:50Filing of Certain Prospectuses and Communications in Connection...
05/03/201616:12:37Statement of Changes in Beneficial Ownership (4)
05/03/201606:07:02Filing of Certain Prospectuses and Communications in Connection...
05/03/201606:06:31Additional Proxy Soliciting Materials (definitive) (defa14a)
05/03/201606:06:31Current Report Filing (8-k)
05/03/201606:06:30Filing of Certain Prospectuses and Communications in Connection...
04/26/201617:00:00Williams Partners Announces Quarterly Cash Distribution
04/25/201608:30:00Constitution Pipeline Committed to Building Federally Approved...
04/22/201619:42:00New York Environmental Regulators Deny Permit for Constitution...
04/19/201606:07:15Current Report Filing (8-k)
04/19/201606:06:41Filing of Certain Prospectuses and Communications in Connection...
04/14/201618:33:00Williams Cos. Says Delaware Court Will Expedite Suit Against...
04/14/201617:00:00Williams Wins Motion to Expedite Litigation Against ETE in Delaware...
04/14/201616:15:00Williams, Williams Partners to Report First-Quarter 2016 Financial...
04/14/201608:00:00Williams Partners Announces FERC Approval of Transco’s Garden S...

Williams and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations