Williams: More Problems Could Lead To Ultimate Opportunity
More questions swirl about the ETE and Williams deal.
A termination fee paid to Williams would quickly shore up dividend coverage and funding requirements of the next year or more.
Based on the news, Williams is a stock to avoid unless more details emerge suggesting a termination fee is actually forthcoming that would provide an opportunity for the company.
Despite a market rally on Thursday, Williams Cos. (NYSE:WMB) traded down over 3% on a couple of headlines that reinforce the risk surrounding the stock. My previous questionsregarding the risk in the stock are only magnified now.