5 Biggest Midstream Companies Heading Into 2023

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In this piece, we will take a look at the five biggest midstream companies heading into 2023. If you want to read our introduction to the industry, then take a look at 15 Biggest Midstream Companies Heading Into 2023.

5. The Williams Companies, Inc. (NYSE:WMB)

Market Capitalization as of November 12, 2022: $41.52 billion

The Williams Companies, Inc. (NYSE:WMB) is an energy transportation company that ships natural gas and crude oil through its pipelines. The firm is headquartered in Tulsa, Oklahoma.

The Williams Companies, Inc. (NYSE:WMB) is aggressively expanding its infrastructure, and it plans to add 1.4 billion cubic feet of natural gas capacity per day to its network by the end of 2024 and another 600 million cubic feet by the end of 2025. Through these and other improvements, The Williams Companies, Inc. (NYSE:WMB) hopes that its operating income will double by 2025.

The Williams Companies, Inc. (NYSE:WMB) has $41.52 billion in market capitalization and it pays a 43 cent dividend for a 4.99% yield.

The Williams Companies, Inc. (NYSE:WMB)’s largest investor is Bernard Horn’s Polaris Capital Management which owns 1.8 million shares that are worth $56 million.

Follow Williams Companies Inc. (NYSE:WMB)


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