Home > Historical Performance > Historical Transaction Report

Transaction Details

Company: Williams Companies
Yahoo Beta:0.85
Industry:Oil & gas pipelines

Company Description:  The Williams Companies discover, extract, and transport natural gas in the US.

Purchase Date:05 Nov 2008 Sale Date:21 Oct 2009
Purchase Price:$19.52 Sale Price:$20.00
  --Split Adjusted:$19.52  --Split Adjusted:$20.00
Shares Purchased:50 Shares Sold:50
  --Split Adjusted:50  --Split Adjusted:50
Transaction Fee:$12.99 Transaction Fee:$13.02
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$40.31 High$0.00
Date30 Jun 2008 Date01 Jan 1996
Low$14.40 Low$0.00
Date10 Oct 2008 Date01 Jan 1996
S&P (Purchase Date):$977.14 S&P (Sale Date):$1,098.04

Timing:  Energy prices have plunged since the summer.
Reason:  Energy prices have dropped significantly. We anticipate that they will rebound at some point. Williams has good reserves, is vertically integrated, and has attractive margins. Natural gas is cleaner than coal, and should be attractive as we move to cleaner energy.

Reason:  Natural gas prices are half what they were six months ago. Inventories continue to be high. Williams is already trading at a relatively high multiple of earnings. We expect the stock price will decline as the company's earnings soften.

S&P Gain: 12.37 % Annualized Gain: 14.28%
Stock Gain: 2.46 % Annualized Gain: 2.82%

Net Holding Return ($): $19.99
Net Holding Return (%): 2.02 %