Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The Williams Companies is reportedly nearing a roughly $5.5 billion acquisition of Momentum Midstream from EnCap Flatrock Midstream, a transaction that would rank among Williams’ largest deals and deepen its position in U.S. natural gas infrastructure.</li><li>The talks come as Williams is already reporting strong operating momentum: first-quarter 2026 adjusted EBITDA rose 13% to a record $2.25 billion, adjusted EPS grew 22%, and management pointed toward the upper half of full-year EBITDA guidance.</li><li>The company is also advancing major projects such as Neo, Atlas, Silver Spur, and the upsized Transco Power Express, while sanctioning new gathering and processing expansions.</li></ul>

The Williams Companies is reportedly nearing a roughly $5.5 billion acquisition of Momentum Midstream from EnCap Flatrock Midstream, a transaction that would rank among Williams’ largest deals and deepen its position in U.S. natural gas infrastructure.The talks come as Williams is already reporting strong operating momentum: first-quarter 2026 adjusted EBITDA rose 13% to a record $2.25 billion, adjusted EPS grew 22%, and management pointed toward the upper half of full-year EBITDA guidance.The company is also advancing major projects such as Neo, Atlas, Silver Spur, and the upsized Transco Power Express, while sanctioning new gathering and processing expansions.

Williams' Latest Acquisition Buzz: Inside The $5.5 Billion Momentum Play!

Williams Cos

Williams' Latest Acquisition Buzz: Inside The $5.5 Billion Momentum Play!