Williams Companies Inc WMB

Williams Is Well Positioned to Benefit From AI and Data Center Demand for Natural Gas

We think Williams is well positioned to benefit from clean energy investments as well as the need for AI and data centers to rely on gas and gas storage as a back-up to renewables. This is a positive for investors, creating a more stable financial profile and more high-return growth opportunities than most of its midstream peers. Clean energy investments could become a material growth area in the next few years, with the recent Orsted partnership a particularly attractive growth engine for its Northwest portfolio.