Latest news with #ChadZamarin
Yahoo
30-05-2025
- Business
- Yahoo
RBC Keeps Outperform Rating on Williams Companies (WMB) Stock
On Tuesday, May 27, RBC Capital Markets maintained an 'Outperform rating' on The Williams Companies, Inc. (NYSE:WMB) with a price target of $63. This decision came after insights from the EIC Conference. RBC analysts are more confident in the company as it is expected to announce new projects that lead to improved financial estimates. Aerial view of a power plant near a lake lit up at night, showing off the company's expansive electricity generation capabilities. The Williams Companies, Inc. (NYSE:WMB) expects to see steady progress, even as Chad Zamarin becomes the new CEO. One key project is the development of Socrates, which is a fully integrated infrastructure project that will serve as the power solution for a connected data center. The Williams Companies, Inc. (NYSE:WMB) has signed a 10-year contract for Socrates, which includes a provision for commercial reassessment at the end of the term. The company believes that if the equipment from Socrates is used as backup power after the 10-year contract, the price will be set based on the cost of replacement. According to The Williams Companies, Inc. (NYSE:WMB), this will bring a good deal. The Socrates project is also seen as a strong venture, boasting a five times build multiple under the contract terms. RBC's reiterated positive outlook reflects the belief that these new projects and strategic developments will help The Williams Companies, Inc. (NYSE:WMB) grow and improve its financial performance. The Williams Companies, Inc. (NYSE:WMB) is an American energy company that specializes in natural gas processing and transportation. The company also has petroleum and electricity generation assets and invests in new energy technologies. While we acknowledge the potential of WMB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WMB and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
RBC Keeps Outperform Rating on Williams Companies (WMB) Stock
On Tuesday, May 27, RBC Capital Markets maintained an 'Outperform rating' on The Williams Companies, Inc. (NYSE:WMB) with a price target of $63. This decision came after insights from the EIC Conference. RBC analysts are more confident in the company as it is expected to announce new projects that lead to improved financial estimates. Aerial view of a power plant near a lake lit up at night, showing off the company's expansive electricity generation capabilities. The Williams Companies, Inc. (NYSE:WMB) expects to see steady progress, even as Chad Zamarin becomes the new CEO. One key project is the development of Socrates, which is a fully integrated infrastructure project that will serve as the power solution for a connected data center. The Williams Companies, Inc. (NYSE:WMB) has signed a 10-year contract for Socrates, which includes a provision for commercial reassessment at the end of the term. The company believes that if the equipment from Socrates is used as backup power after the 10-year contract, the price will be set based on the cost of replacement. According to The Williams Companies, Inc. (NYSE:WMB), this will bring a good deal. The Socrates project is also seen as a strong venture, boasting a five times build multiple under the contract terms. RBC's reiterated positive outlook reflects the belief that these new projects and strategic developments will help The Williams Companies, Inc. (NYSE:WMB) grow and improve its financial performance. The Williams Companies, Inc. (NYSE:WMB) is an American energy company that specializes in natural gas processing and transportation. The company also has petroleum and electricity generation assets and invests in new energy technologies. While we acknowledge the potential of WMB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WMB and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fast Company
14-05-2025
- Business
- Fast Company
Powering innovation
In 1943, Tulsa, Oklahoma–based energy company Williams Brothers stepped in to help support the U.S. war effort, building two pipelines to bring critical oil resources from Texas to the northeast. 'We built that in under a year so that we could deliver fuel to help our friends and allies around the world,' says Chad Zamarin, executive vice president of corporate strategic development for Williams, as the company is now known. Throughout its more than nearly 120-year history, Williams has recognized the importance of moving energy to the right places at the right time. Today, the company specializes in producing and distributing natural gas, transporting that fuel through major pipelines around the U.S. and readying it for export to global markets. As the world becomes increasingly electrified, Zamarin believes the company is playing a crucial role in helping to meet rising energy demand around the globe. But it's not just the rise of power-hungry AI or the shift to electric vehicles that's driving the need for more energy. Zamarin notes that energy is a key economic development catalyst in areas where electricity is unreliable or cost prohibitive. In these markets, reliable access to clean and affordable energy can provide a student with the light to study at night or give a rural doctor the ability to use powerful technology tools to make faster and more accurate diagnoses. 'Energy truly is the link between evolving communities out of poverty and advancing quality of life,' he says. WINNING THE TECHNOLOGY RACE Williams' pipelines move more than a third of the natural gas in the U.S. and help power millions of homes and businesses. Increasingly, the company is delivering liquefied natural gas [LNG] to shipping terminals for export to global markets. The U.S. provided Europe with a critical source of natural gas after many countries stopped imports from Russia after its 2022 invasion of Ukraine. In recent years, the global market has been booming for the U.S., which has become the world's largest producer and exporter of natural gas. Continuing to meet that global demand, however, is putting stress on the nation's existing energy infrastructure. Zamarin notes that more capacity is needed, yet lengthy permitting processes and other bureaucratic red tape can push the timeline for a new pipeline to five years or more. Modernizing this energy infrastructure will require a huge cooperative effort, but it's work that Zamarin believes we need to prioritize. While it's one thing to boost export capacity, it's also critical for the U.S. to ensure that it has the energy it needs to support innovation in areas such as AI. 'The relationship between energy and technology is more important than ever, and we're not going to be able to scale up to our full technology potential without energy scaling along with it,' Zamarin says. 'That's why we're so focused on making sure that the infrastructure that we have in the United States positions us to win the technology race.' Zamarin also champions the sustainable benefits of natural gas. In fact, he notes the shift from coal to natural gas over the past 10 years has driven roughly 60% of the emission reductions in the U.S. during that time. And he wants to continue the push to decarbonize existing energy solutions and systems around the world—especially in areas where it's cheaper to use high-emission fuels. 'We've got to provide them with a solution that is more sustainable than cutting down a tree or digging coal out of the ground and lighting it on fire.' A TRADITION OF INNOVATION Throughout its history, Williams has continued to adapt and evolve along with the marketplace. In the 1970s, the company augmented its energy business by selling fertilizer and steel, operating retail stores, and dabbling in commercial real estate development. And in the 1980s, Williams ventured into the telecom space, using old pipelines to run fiber-optic cables. For more than two decades, Williams has been sharply focused on energy. But that doesn't mean the company has lost its entrepreneurial edge. Indeed, Zamarin believes that innovation will be what continues to drive Williams forward. It's why the company focuses on creating an environment where employees are encouraged to think creatively and come forward with big ideas. And it's also why Williams is exploring ways to support the data centers that provide the backbone for AI tools, including through the real estate it owns along its pipeline network and the massive amount of fiber-optic connectivity that follows much of the company's pipeline routes. 'We care about our employees, and we care about the communities that we work in. But we also want to be very aggressive in innovating and looking toward the future,' Zamarin says. 'We're making sure that we're not only delivering in the here and now, but also to make sure we're positioned to do that going forward.'
Yahoo
19-02-2025
- Business
- Yahoo
Williams Executives to Speak at CERAWeek 2025
Williams will join global energy leaders at the world's preeminent energy conference, March 10-14 in Houston TULSA, Okla., February 19, 2025--(BUSINESS WIRE)--Williams (NYSE: WMB) President and Chief Executive Officer Alan Armstrong and members of the Williams leadership team will join the world's energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities at the 43rd annual CERAWeek presented by S&P Global, to be held March 10-14 in Houston. Mr. Armstrong will participate in a plenary session with other esteemed energy industry leaders to discuss Global Gas: New Business Models and Evolving Infrastructure on Wednesday, March 12 at 10:10 a.m. CDT. The session will focus on how energy security, the ongoing rise of U.S. LNG and the growth of data center demand are driving change in global natural gas markets. Chad Zamarin, Executive Vice President of Corporate Strategic Development, is scheduled to speak in a plenary session, Infrastructure: Scaling Up or Bottled Up, on Tuesday, March 11 at 4:15 p.m. CDT. The session will discuss pathways to overcome regulatory, funding and technological constraints to expansion of infrastructure projects. Jaclyn Presnal, Vice President of New Energy Ventures, will participate in a panel entitled Fuel Sources Competing to Meet Data Center Demand, scheduled for Monday, March 10 at 3:30 p.m. CDT. The session will evaluate the role of fossil fuels, renewables and nuclear in powering AI, digital technologies and data centers, as well as supply chain challenges and grid constraints. Mark Gebbia, Vice President of Environmental, Regulatory & Permitting, will participate in a panel entitled Collaboration Spotlight: Real-World Impacts Driven by the University of Texas with EQT, Williams and Cheniere on Tuesday, March 11 at 3:30 p.m. CDT. It will explore how academia and industry have partnered to produce insights and tools to solve complex emissions challenges in the energy sector. In addition to its participation at CERAWeek, Williams will be represented by Chad Zamarin at the South by Southwest Festival in Austin, Texas on Monday, March 10. Chad will join other leaders for a panel, "Next Gen Leadership for an Evolving World," at the Fast Company Grill, to discuss how innovative leadership fuels productivity, boosts growth and creates positive impact across organizations at every level. About WilliamsWilliams (NYSE: WMB) is a trusted energy industry leader committed to safely, reliably, and responsibly meeting growing energy demand. We use our 33,000-mile pipeline infrastructure to move a third of the nation's natural gas to where it's needed most, supplying the energy used to heat our homes, cook our food and generate low-carbon electricity. For over a century, we've been driven by a passion for doing things the right way. Today, our team of problem solvers is leading the charge into the clean energy future – by powering the global economy while delivering immediate emissions reductions within our natural gas network and investing in new energy technologies. Learn more at View source version on Contacts MEDIA:media@ (800) 945-8723 INVESTOR CONTACT:Danilo Juvane(918) 573-5075 Caroline Sardella(918) 230-9992
