SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Williams Companies, Inc. (WMB)
WMB 57.87+0.4%Oct 31 9:30 AM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Lee who wrote (268)1/13/2004 2:09:19 PM
From: DELT1970   of 271
 
Williams Companies (WMB; C-1-7, PO $12) Dec. 9, 2003
Williams remains our favorite turnaround, with strong cash flow driving debt
reduction and attendant interest cost savings. Apart from debt reduction, the key
thing to watch this year is progress on liquidating the power business, which is key
to lowering the risk profile and returning to investment grade credit metrics. We
look for activity to heat up on this front during the second half of the year.
Fundamentally, we like WMB’s business mix—gas price upside through low-risk
Rockies E&P, well-positioned on shore and off shore midstream, and the solid
Transco and Northwest pipelines that anchor the business. Williams remains best
suited for patient, risk-tolerant accounts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext