Quick Win by the Algorithm: Williams Partners LP (WPZ)

Quick Win by the Algorithm

Williams Partners LP (WPZ)

On April 5th, 2016, The I Know First algorithm gave a bullish signal of 119.76 for the ticker CLF (Cliff Natural Resources Inc), which had a predictability indicator of 0.4 In accordance with the algorithm’s prediction, CLF spiked 55.52% in the following week.

quick win

Williams Partners L.P., formerly Access Midstream Partners, L.P, is an energy infrastructure master limited partnership with operations across the natural gas value chain. The Company’s segments include Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services.

According to Alan Armstrong, Williams Companies’ CEO, “we won new business in the Gulf of Mexico, started receiving fee-based revenues from Williams’ new off-gas plant in Canada and achieved significant milestones on a number of demand-driven natural gas projects”. As we can see, there are significant expansion opportunities.

Williams Companies and Williams Partners are expected to benefit from the rise in natural gas demand from power utilities, local distribution companies, and liquefied natural gas exports in the long run.