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Antero Midstream vs The Williams Companies: Which Stock Looks Stronger in 2026?

The Williams Companies holds the cleaner structural position, with growth as the main driver and stability adding further support. Antero Midstream still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in growth, with the rest of the profile carrying less weight.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Midstream

This comparison is based on industry proximity, not on functional trajectory similarity. AM and WMB share the same industry classification.

For a similarity-based comparison, see how Antero Midstream and The Williams Companies each position within their functional peer groups in AssetNext.

Peer-Relative Score
AM
Antero Midstream Corporation
56
Peer-Score
Signal qualityMedium
vs
WMB
The Williams Companies, Inc.
62
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: AM vs WMB Profitability 67 55 Stability 69 83 Valuation 57 50 Growth 25 69 AM WMB
Gap Ranking
#1 Growth +44
#2 Stability +14
#3 Profitability +12
#4 Valuation +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AM and WMB Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMWMB Relative valuation Structural strength

The Williams Companies, Inc. occupies the cheaper side of the setup map, although Antero Midstream Corporation still holds the stronger structural profile.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
The Williams Companies, Inc. ranks near the top of the group on growth; Antero Midstream Corporation sits in the weaker half.
Stability
On stability, the same pattern holds: both rank well, but The Williams Companies, Inc. still sits higher.
Growth — Dominant Gap
AM
25
WMB
69
Gap+44in favour of WMB

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Profitability still favours Antero Midstream, with a 18.2-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

Growth is the clearest driver of the lead, with stability adding further support — though profitability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the AM vs WMB comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-driven comparisons

Explore how AM and WMB each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.