11 Best American Energy Stocks to Buy Now

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

Number of Hedge Fund Holders: 73

The Williams Companies, Inc. (NYSE:WMB) is an American energy company that is primarily focused on natural gas processing, transportation, and related services. With its 33,000-mile pipeline infrastructure, it handles about one-third of the natural gas in the United States. The Williams Companies, Inc. (NYSE:WMB) ranks among the best American energy stocks to buy.

On April 1, JPMorgan analyst Jeremy Tonet reiterated an “Overweight” rating on The Williams Companies, Inc. (NYSE:WMB) with a price target of $66. Tonet estimates an adjusted EBITDA of $1.97 billion for Q1 2025. This exceeds both the Street’s median estimate of $1.91 billion and JPMorgan’s previous forecast of $1.899 billion. Tonet suggests that Transco rates and the Southside Reliability Enhancement project, which adds 423 million cubic feet per day (mmcf/d) of capacity, will contribute to a $892 million adjusted EBITDA in The Williams Companies, Inc.’s (NYSE:WMB) Transcontinental Gas Pipe Line (TGoM) segment. This would be a $67 million increase from the previous quarter. Additionally, the company’s Western operations are expected to generate $384 million, up $39 million quarter-over-quarter, supported by the recent Rimrock acquisition.

For the full year of 2025, JPMorgan estimates a $7.721 billion adjusted EBITDA for The Williams Companies, Inc. (NYSE:WMB), which is slightly above the previous estimate of $7.687 billion and the Street’s median of $7.659 billion. Tonet expects the company’s earnings call to focus on early project competitions, potential benefits from a Transco rate case, and increased dry-gas gathering and processing (G&P) activity. JPMorgan also expects the company to discuss its Will-Power initiative, which includes the proposed Socrates North and South behind-the-meter (BTM) 200 megawatt (MW) power generation facilities in Ohio. The Williams Companies, Inc. (NYSE:WMB) is also looking at additional BTM solutions and potential deals for up to 1 gigawatt of capacity by 2027.