Compare · ET vs WMB
ET vs WMB
Side-by-side comparison of Energy Transfer L.P. (ET) and Williams Companies Inc. (WMB): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ET and WMB operate in Natural Gas Distribution (Utilities), so they compete in similar markets.
- WMB carries a market cap of $175.04B.
- ET has been more active in the news (9 items in the past 4 weeks vs 7 for WMB).
- WMB has more recent analyst coverage (25 ratings vs 22 for ET).
Energy Transfer L.P.
Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,340 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. In addition, the company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transports and supplies water to natural gas producers in Pennsylvania. Further, it owns approximately 4,823 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 17 MMBbls. Additionally, the company sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Williams Companies Inc.
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, and West segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and natural gas liquid (NGL) and natural gas marketing operations, as well as storage facilities. The company owns and operates 30,000 miles of pipelines, 34 processing facilities, 9 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
Latest ET
- Energy Transfer L.P. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits
- Energy Transfer LP Announces Pricing of $2.7 Billion of Senior Notes
- SEC Form FWP filed by Energy Transfer L.P.
- SEC Form 10-Q filed by Energy Transfer L.P.
- SEC Form 424B5 filed by Energy Transfer L.P.
- Energy Transfer L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Energy Transfer Reports Third Quarter 2026 Results
- Energy Transfer Announces Twentieth Consecutive Increase in Quarterly Cash Distribution
- Energy Transfer LP Announces Cash Distribution on Series I Preferred Units
- Four Energy Deals in Four Days as Brent Holds Above $100
Latest WMB
- Refining Margins Widen and LNG Equipment Orders Land as WTI Settles Near $96
- SVP & General Counsel Wilson Terrance Lane sold $148,340 worth of shares (2,000 units at $74.17) as part of a pre-agreed trading plan, decreasing direct ownership by 0.76% to 260,259 units (SEC Form 4)
- Williams Companies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- SEC Form S-3ASR filed by Williams Companies Inc.
- Williams Companies Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Williams Delivers Strong Third-Quarter 2026 Results
- Williams Announces Quarterly Cash Dividend
- Williams to Report Third-Quarter 2026 Financial Results on Nov. 2; Earnings Conference Call and Webcast Scheduled for Nov. 3
- SVP & General Counsel Wilson Terrance Lane sold $135,700 worth of shares (2,000 units at $67.85) as part of a pre-agreed trading plan, decreasing direct ownership by 0.76% to 262,259 units (SEC Form 4)
- Barclays initiated coverage on Williams Cos with a new price target