Williams Announces Proposed Offering of Common Stock

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Stifel Upgrades Williams Partners LP (WPZ) to Buy

January 10, 2017 8:07 AM EST

Stifel upgraded Williams Partners LP (NYSE: WPZ) from Hold to Buy with a price target of $43.00 (from $37.00).

Analyst Selman Akyol commented, "After market close Williams Partners L.P. announced a financial repositioning that is expected to simplify WPZs corporate structure and enhance its financial... More

Williams (WMB) Prices 65M Shares Offering at $29

January 10, 2017 6:43 AM EST

Williams (NYSE: WMB) announced that it priced a public offering of 65 million shares of Williams common stock at $29.00 per share.

Williams also granted the underwriters a 30-day option to purchase up to an additional 9.75 million shares of common stock. The offering is... More

Jefferies Downgrades Williams Companies (WMB) to Hold

January 10, 2017 6:40 AM EST

Jefferies downgraded Williams Companies (NYSE: WMB) from Buy to Hold with a price target of $32.00.

Analyst Christopher Sighinolfi commented, "Last evening, Williams announced a series of transactions aimed at simplifying its corp. structure, minimizing future equity needs, reducing leverage, improving WPZ's... More