The Williams Companies, Inc. (WMB) Fair Value 2026

WMB · Oil & Gas Midstream ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.4 /10

32 fundamental signals · 12 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-27, The Williams Companies, Inc. (WMB) trades at $74.19, versus a $15.29 median fair value across its 12 active models — 79.4% below the current price. QOC: 8.4/10. Value Trap Risk: 0/100 (SAFE). 12/13 models active. Within that set, the Bayesian DCF component alone returns $1.29.

Key Facts

Ticker
WMB
Price
$74.19
Quality Score
8.4/10
Value Trap Risk
0/100
Models Active
12/13
Last Updated
Strength: Quality Score of 8.4/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is The Williams Companies, Inc. (WMB) Undervalued or Overvalued in 2026?

According to CirclFi’s 12-model valuation engine, The Williams Companies, Inc. (WMB) appears overvalued as of : the median of 12 independent fair value estimates is $15.29, 79.4% below the current price of $74.19. Estimates range from $1.29 to $51.59. WMB scores 8.4/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. WMB’s -79.4% gap is wider than that market norm, and the Oil & Gas Midstream sector median is -9.8%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy The Williams Companies, Inc. Stock in 2026? →

What Fair Value Does Each Model Give WMB?

12 Intrinsic Value Models vs. Current Price ($74.19)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Low Conviction
 $1.29 -98.3%
Intrinsic · High Conviction
 $6.26 -91.6%
Ensemble · Low Conviction
 $18.68 -74.8%
Intrinsic · High Conviction
 $10.16 -86.3%
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What Is WMB's Fair Value Range?

Spread across 12 independent models · $1.29 to $51.59

CirclFi's 12 active models place The Williams Companies, Inc. (WMB) between $1.29 and $51.59 per share, a spread of 329% of the median. The median of that range — $15.29 — is the fair value CirclFi publishes for WMB, against a current price of $74.19.

Low · Bayesian DCFHigh · Markov DDM
$1.29median $15.29$51.59
Where the range comes from
Most bearish modelBayesian DCF$1.29
Most bullish modelMarkov DDM$51.59
Model agreement0 bullish · 12 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for WMB. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on WMB, not a CirclFi price target. How each model works →

What Is The Williams Companies, Inc. (WMB) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, The Williams Companies, Inc.'s intrinsic value is estimated at $15.29. Trading at its current price of $74.19, the valuation engine raises significant caution: 12 of 12 models flag downside risk, projecting a median implied return of -79.4%. Model dispersion is worth noting: Markov DDM targets $51.59 (-30.5%), versus Bayesian DCF at $1.29 (-98.3%). This +67.8% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About WMB?

12 of 13 models are currently active for WMB. All 12 active models suggest the stock trades above fair value. Taken together, their median fair value for WMB is $15.29 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $1.29 on its own, implying -98.3% downside from the current price. See which stocks rank higher →

How Does WMB Rank in Oil & Gas Midstream?

Among 53 Oil & Gas Midstream stocks, WMB ranks #10 by Quality of Company score. CirclFi's QOC score of 8.4/10 evaluates 32 fundamental signals. A score of 8.4 places WMB in the top tier.

See all Most Undervalued Oil & Gas Midstream Stocks →

The Oil & Gas Midstream sector introduces analytical considerations specific to energy producer businesses. For The Williams Companies, Inc., metrics like debt-to-EBITDAX provide important context that general-purpose valuation models may underweight.

Is WMB a Value Trap?

CirclFi's Value Trap algorithm assigns WMB a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

12 of 13 models are active for The Williams Companies, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, The Williams Companies, Inc. earns a quality score of 8.4/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +67.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every WMB valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across WMB's 12 active models, average confidence is 41%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy The Williams Companies, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas Midstream Stocks Should You Also Analyze?

11 related Oil & Gas Midstream stocks with 13-model coverage

NVGSNavigator Holdings Ltd.QOC 8.4LPGDorian LPG Ltd.QOC 8.3TNKTeekay Tankers Ltd.QOC 8.4OKEONEOK, Inc.QOC 8.3TRMDTORM plcQOC 8.5SOBOSouth Bow CorporationQOC 8.3EEExcelerate Energy, Inc.QOC 7.9NATNordic American Tankers LimitedQOC 6.6TKTeekay Corporation Ltd.QOC 3.1HESMHess Midstream LPQOC 9.2FLNGFLEX LNG Ltd.QOC 9.0

Read investment analysis: NVGS · LPG · TNK · OKE · TRMD · SOBO · EE · NAT · TK · HESM · FLNG

Which Other Stocks Have a Similar Quality Score to WMB?

7 companies across all industries closest to WMB’s Quality of Company score of 8.4/10.

FRSTPrimis Financial Corp.QOC 8.4BLBlackLine, Inc.QOC 8.4EQBKEquity Bancshares, Inc.QOC 8.4AMPYAmplify Energy Corp.QOC 8.4HAFCHanmi Financial CorporationQOC 8.4GDGeneral Dynamics CorporationQOC 8.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: FRST · BL · EQBK · AMPY · HAFC · GD · NVDA

Where Does WMB Sit in CirclFi's Oil & Gas Midstream Rankings?

WMB is ranked against every other Oil & Gas Midstream stock CirclFi covers in each of these screens.

See all Oil & Gas Midstream stocks ranked →

What Else Do Investors Ask About The Williams Companies, Inc.’s Valuation?

What is The Williams Companies, Inc.'s intrinsic value in 2026?

CirclFi puts The Williams Companies, Inc. (WMB)'s intrinsic value at $15.29 — the median of 12 independent model estimates as of 2026-08-27, ranging from $1.29 to $51.59. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $1.29 on its own. The Quality of Company score is 8.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is WMB overvalued or undervalued right now?

At $74.19, 0 of 12 active models suggest WMB may be undervalued, while 12 indicate potential overvaluation. The median of all 12 fair value estimates is $15.29, 79.4% below the current price of $74.19 — a consensus view that WMB is overvalued. The assessment depends on which methodology best fits The Williams Companies, Inc.'s business model in Oil & Gas Midstream.

What does a Quality of Company score of 8.4 mean for WMB?

The Williams Companies, Inc.'s QOC of 8.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on WMB?

CirclFi analyzes WMB with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 12 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on WMB?

Of the 12 models currently active on WMB, Markov DDM is the most bullish at $51.59 per share, and Bayesian DCF is the most bearish at $1.29. CirclFi's published fair value for WMB is the median of that range, $15.29, not either extreme. The gap between the two ends equals 329% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is WMB a value trap in 2026?

The Williams Companies, Inc.'s Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 12-model valuation engine, The Williams Companies, Inc. (WMB) has a median fair value of $15.29 — 79.4% below the current price of $74.19 — as of 2026-08-27.” Source: circlfi.com/stock/WMB/ · Methodology
Primary sources for this WMB valuation
  • Financial statements: The Williams Companies, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000107263) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for WMB as of ; valuations recomputed .

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