The Energy sector’s recent surge is quietly lifting a less obvious beneficiary: regional banks. As cash flows from energy projects pile up, demand for working capital loans and treasury services follows—good news for balance sheets and net interest margins alike. Williams Companies (WMB) sits at the intersection of this trend, trading near $69 and up 8% over the last week. That’s not just momentum; it’s validation of the thesis that energy infrastructure remains a cash-flow machine even when broader markets hesitate. For value-focused investors, the setup feels familiar: a quality franchise priced below what its cash flows justify, with tailwinds that rarely make the headlines. No guarantees, but the odds favor patience over excitement.