Insiders' Blog
Sponsored by: Subscribe to EasyStockAlerts.com Now & Get The News Before Everyone Else!
Cramer Says Williams (WMB) 'Can Make Money Now'
More News related to WMB
- Northwest Pipeline and Transco Commence Exchange Offers
- Williams Announces Presentation Schedule for September
- Williams (WMB) Receives FERC Approval for Expansion Proposal of Transco Natural Gas Pipeline
- Williams Receives FERC Approval to Provide Additional Natural Gas Service to Northeast
- JANA Partners 13F Shows New Stakes in Genentech (DNA), Sears (SHLD), Washington Mutual (WM); Adds to Positions in AK Steel (AKS), Focus Media (FMCN), Transocean (RIG); Sells Out of Apple (AAPL), Lehma
More News related to Insiders' Blog
- Morgan Stanley Says Slide in Ag Names 'Unfounded' (POT, MOS, AGU, CF, IPI)
- Atticus Capital Defends Itself After Hedge Fund Liquidation Rumor
- Plunge In Spectranetics (SPNC) Related to Federal Raid
- Reports Lehman (LEH) May Spin-Off $32B To 'Bad Bank'
- Governor Palin Gives eBay (EBAY) A Shout Out In RNC Speech
Last night's Mad Money featured a positive segment on Williams Companies (NYSE: WMB), a natural gas pipeline play, according to Jim Cramer.
The host said his thesis on Williams is simple: "the more gas there is, the more demand for gas infrastructure there will be." Cramer likes that Williams is currently expanding its pipeline reach into the mid-Atlantic and Rocky Mountain regions.
Also taking a look at Williams drilling operations, Cramer said this part of its business is also attractive. Cramer points out that the company currently has over 22 trillion cubic feet of proven gas reserves and has about 50% of this years production "un-hedged", meaning it will see larger gains as gas prices continue to rise.
The Williams Companies, Inc., through its subsidiaries, engages in the production, gathering, processing, and transportation of natural gas in the United States.
Related Categories
Analyst CommentsInsiders' Blog
Stocks Mentioned
+0.04Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
