Williams Co Prices $2.75 Billion Senior Notes Offering

An announcement from Williams Co ( (WMB) ) is now available.

On January 5, 2026, Williams priced a $2.75 billion public offering of senior notes, comprising $500 million of additional 5.650% notes due 2033, $1.25 billion of 5.150% notes due 2036 and $1 billion of 5.950% notes due 2056, with settlement expected on January 8, 2026 and the new 2033 tranche fungible with an existing $750 million issue for a combined $1.25 billion outstanding. The company plans to use the proceeds primarily to repay near-term debt, including $1.1 billion of 5.400% notes maturing in 2026, and for general corporate purposes, a move that should help manage its maturity profile and support balance sheet flexibility while sustaining investment in its natural gas infrastructure business.

The most recent analyst rating on (WMB) stock is a Buy with a $71.00 price target. To see the full list of analyst forecasts on Williams Co stock, see the WMB Stock Forecast page.

Spark’s Take on WMB Stock

According to Spark, TipRanks’ AI Analyst, WMB is a Outperform.

Williams Co’s strong earnings call performance and technical indicators are the most significant factors driving the score. Financial performance shows profitability but is offset by high leverage and cash flow concerns. Valuation is less favorable due to a high P/E ratio, though the dividend yield provides some investor value.

To see Spark’s full report on WMB stock, click here.

More about Williams Co

Williams (NYSE: WMB) is a major U.S. energy infrastructure company that uses its network to deliver about one-third of the nation’s natural gas, supplying fuel for residential heating, cooking and low‑carbon power generation as it positions itself as a long-term player in the transition to cleaner energy.

Average Trading Volume: 7,068,598

Technical Sentiment Signal: Strong Buy

Current Market Cap: $72.66B

See more insights into WMB stock on TipRanks’ Stock Analysis page.