Williams says it welcomes Trump's support for Constitution gas pipeline
1. WMB appreciates Trump's support for its halted Constitution pipeline project. 2. The company may revive the project if conditions are favorable.
FAQ
Why Bullish?
Trump's backing could revitalize the pipeline, boosting WMB’s market position and future revenues.
How important is it?
Political support for energy projects often leads to regulatory updates that benefit companies like WMB.
Why Long Term?
Reviving the project can lead to sustained growth for WMB, similar to prior pipeline expansions that fueled revenue.