We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Williams Companies Inc | NYSE:WMB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.03% | 38.53 | 38.89 | 38.425 | 38.67 | 739,221 | 15:45:08 |
From May 2019 to May 2024
By George Stahl
Williams Cos. agreed to pay nearly $6 billion in cash to expand its ownership of Access Midstream Partners, a move aimed at increasing the energy company's presence in major shale areas.
Under the deal, Williams would acquire the remaining 50% of the privately held general-partner interests in Access Midstream that it didn't already own as well as 55.1 million limited-partner units, giving Williams 50% of the limited-partner interests.
Williams is buying the stakes from Global Infrastructure Partners II for $5.995 billion. At the close of trading Friday, the 55.1 million limited-partner units had a market value of $3.6 billion.
The deal is expected to close in the third quarter. Following the close, Williams plans to increase its third-quarter dividend by 32% to 56 cents.
Access Midstream Partners has more than 8.3 million acres in major shale and unconventional producing areas, including the Marcellus, Utica, Eagle Ford, Haynesville, Barnett, Mid-continent and Niobrara.
Write to George Stahl at george.stahl@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Williams Companies Chart |
1 Month Williams Companies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
