Williams Cos. Seen as Company With Most 'Shots on Goal' in Natural Gas Space -- Market Talk
Dow Jones
Mar 18, 2025
1900 ET - Williams Cos. is the company with the most "shots on goal" in the broader natural gas space, Raymond James analysts say in a research note. The energy company is benefiting from growth in liquefied natural gas, power and industrial demand, the analysts say, while also highlighting its well-positioned balance sheet and ability to act nowadays. "Finally, after the mixed opinions on the Socrates project so far, we think investors will more uniformly warm up to Williams' move into generation as more details are solidified in time," the analysts add. Shares closed up 2%, at $58.39. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 17, 2025 19:01 ET (23:01 GMT)
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