Williams Companies, Inc. (The)
56.98-0.61 (-1.06%)
Oct 29, 4:00:02 PM EDT · NYSE · WMB · USD
Key Stats
Market Cap
69.58BP/E (TTM)
28.78Basic EPS (TTM)
1.98Dividend Yield
0.03%Recent Filings
8-K
Williams invests $3.1B in power projects
The Williams Companies committed $3.1 billion to two power innovation projects on September 30, 2025, targeting grid-constrained markets with 10-year fixed-price power purchase agreements from an investment-grade counterparty. These initiatives, set for completion in early 2027 pending permits, boost total committed capital to $5 billion and lift 2025 growth capex by $875 million to $3.45-$3.75 billion, pushing leverage to 3.7x. Projects yield a 5x EBITDA multiple. Yet risks hinge on timely approvals.
10-Q
Q2 FY2025 results
Williams posted solid Q2 results, with revenues climbing 19% year-over-year to $2.8B on stronger service demand, while operating income rose 36% to $945M thanks to expansion projects and acquisitions like Discovery boosting Gulf Coast volumes. Year-to-date, net income attributable to common stockholders hit $1.24B, up 20% from last year, with diluted EPS at $1.01 reflecting steady shares around 1.22B; free cash flow derived from $2.9B operating cash minus $2.0B capex came in positive at $0.9B. Acquisitions drove growth, including the January 2024 Gulf Coast Storage buy for $1.95B cash recognizing $2.0B in net assets, yet debt swelled to $28.6B amid $3.0B issuances. Cash swelled to $903M with $3.75B credit availability, but regulatory hurdles loom large.
8-K
Strong Q2 results, raised guidance
Williams Companies reported strong Q2 2025 results, with Adjusted EBITDA rising 8% to $1.808 billion, fueled by Transco expansions, new Gulf volumes, and higher Northeast and West gathering. The Saber Midstream acquisition bolsters Haynesville operations, while projects like Socrates advance AI-driven energy needs. Guidance lifted Adjusted EBITDA midpoint to $7.75 billion. Strong cash flows support steady growth.
8-K
Williams prices $1.5B notes
The Williams Companies priced a $1.5 billion senior notes offering on June 26, 2025, comprising $750 million of 4.625% notes due 2030 at 99.920% of par and $750 million of 5.300% notes due 2035 at 99.634% of par, with settlement expected June 30. Proceeds will repay near-term debt maturities and support general corporate purposes. This bolsters liquidity amid ongoing energy infrastructure demands. Forward-looking statements note potential material differences from assumptions.
8-K
Williams completes $1.5B notes offering
The Williams Companies completed a $1.5 billion registered offering of senior notes on June 30, 2025, issuing $750 million of 4.625% notes due 2030 and $750 million of 5.300% notes due 2035. These unsecured obligations rank equally with existing senior debt, paying semi-annual interest starting later in 2025, while covenants limit liens and asset sales. The notes bolster liquidity. Yet redemption options add flexibility.
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