Williams Reports Strong Second Quarter 2016 Financial Results, Provides Financial Update and Announces Actions to Strengthen Credit Profile and Fund Fee-based Growth Portfolio at Williams Partners

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Williams Partners LP (WPZ) PT Raised to $39 at UBS

August 2, 2016 8:26 AM EDT

UBS analyst Shneur Gershuni reiterated a Buy rating and bumped its price target on Williams Partners LP (NYSE: WPZ) to $39.00 (from $37.00) with 2016 EBITDA Guidance Inline, DPU Flat through 17.

Gershuni commented, "WPZ announced an expectation to maintain the distribution at $0.85/qtr above UBSe of $0.765/qtr deciding to pursue... More

Williams Cos. (WMB) Reports Q2 EPS of 19c, Lowers Dividend

August 1, 2016 4:37 PM EDT

Williams Cos. (NYSE: WMB) reported Q2 EPS of $0.19, may not compare to the analyst estimate of $0.22.

Williams expects the payment of a quarterly dividend of $0.20 per share to its common stockholders ($0.80 annually), reduced from its current quarterly level of $0.64 ($2.56 annually), beginning with the third... More