NEW YORK (TheStreet) -- Williams Cos. (WMB) - Get Report stock is slumping by 4.57% to $15.87 in late-afternoon trading on Thursday, after both Energy Transfer Partners (ETP) and its general partner Energy Transfer Equity (ETE) reported weaker-than-expected earnings. 

Williams Cos. has agreed to be acquired by Energy Transfer Equity in a deal valued at $32.6 billion.

After yesterday's market close, Energy Transfer Equity reported 2015 fourth quarter earnings of 30 cents per unit on revenue of $9.54 billion. Analysts surveyed by Thomson Reuters were expecting earnings of 36 cents per unit on revenue of $13.04 billion.

Energy Transfer Partners posted a loss of 68 cents per unit on revenue of $5.83 billion for the quarter. Analysts surveyed by Thomson Reuters were looking for a per-unit profit of 43 cents on revenue of $8.95 billion.

Williams Cos. is natural gas processing and transportation company based in Tulsa, OK.

Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.

TST Recommends

Williams Cos.' strengths such as its reasonable valuation levels, good cash flow from operations and expanding profit margins are countered by weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk.

You can view the full analysis from the report here: WMB

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

Image placeholder title


data by