Revenue segments as reported by the company.

Service revenues

Service revenues – commodity consideration

Product sales

Net gain (loss) on commodity derivatives

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Processing commodity expenses

Operating and maintenance expenses

Depreciation and amortization

Selling, general, and administrative

Impairment of certain assets

Other (income) expense – net

Gain on sale of business

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Williams

The Williams Cos., Inc. operates as an energy infrastructure company, which explores, produces, transports, sells and processes natural gas and petroleum products. It operates through the following segments: Transmission and Gulf of Mexico, Northeast G&P, and West. The Transmission and Gulf of Mexico segment consists of interstate natural gas pipelines, the Transco and Northwest Pipelines, as well as natural gas gathering and processing and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment includes midstream gathering, processing, and fractionation businesses in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment consists of gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of south Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region which includes the Anadarko, Arkoma, and Permian basins. The company was founded by David Williams and Miller Williams in 1908 and is headquartered in Tulsa, OK.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Williams (WMB) reports robust Q1 earnings, eyes growth opportunities

Williams (WMB) delivered strong financial performance in Q1 2023, showcasing growth in EBITDA and strategic achievements. The company remains focused on its natural gas-centric approach, addressing challenges while pursuing opportunities for expansion and infrastructure development.

Williams (WMB) reports robust Q2 performance and strategic growth outlook

Williams (WMB) demonstrated strong financial performance, operational efficiency, and strategic focus on sustainable growth in Q2 2023.
The company's emphasis on natural gas infrastructure, cost control, and dividend growth aligns with its long-term resilience and value creation.
While facing challenges in hedging, regulatory outcomes, and M&A, Williams remains optimistic about growth opportunities and market positioning.

Williams (WMB) reports robust Q3 earnings, eyes growth opportunities

Williams (WMB) showcased strong financial performance, operational achievements, and strategic initiatives in Q3 2023 earnings call.
The company's focus on growth, clean energy initiatives, and revenue stability through pipeline infrastructure positions it well for the future.
While facing challenges in regulatory aspects and market dynamics, Williams remains optimistic about its expansion projects and future opportunities.
Williams' commitment to aligning dividend growth with AFFO, addressing natural gas demand, and complementing renewables highlights its strategic vision.

Williams (WMB) reports record Q3 earnings, eyes strategic expansions

Williams Companies (WMB) delivered a strong performance in Q3 2024, marked by record adjusted EBITDA and a raised guidance midpoint for the year. Despite challenges such as noncash depreciation impacting EPS and AFFO growth, the company remains optimistic about its visible 5-year EBITDA CAGR and growth prospects. With a focus on strategic acquisitions, project expansions, and diversification efforts, Williams is well-positioned to navigate market dynamics and capitalize on emerging opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TULSA, Okla.--(BUSINESS WIRE)--Williams to Report Second-Quarter 2024 Financial Results on Aug. 5; Earnings Conference Call and Webcast Scheduled for Aug. 6.

Williams to Report Second-Quarter 2024 Financial Results on Aug. 5; Earnings Conference Call and Webcast Scheduled for Aug. 6

AbbVie

Cisco Systems

Diamondback Energy

Medtronic

Nokia

Pfizer

At this writing, current inflation rate is 3% over the past 12 months. That's the reading as of the end of June.

7 High-Yield Dividend Stocks Beating Inflation

The Williams Companies (WMB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why The Williams Companies (WMB) is Poised to Beat Earnings Estimates Again

Enbridge

Kinder Morgan

MPLX

Since midstream operations have lower exposure to volatility in commodity prices, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Enbridge (ENB), Williams Companies (WMB), Kinder Morgan (KMI) and MPLX are the frontrunners in the industry.

4 Oil Pipeline Stocks to Gain From the Promising Industry

Vistra Energy

Google is no longer carbon-neutral due to increased energy consumption, driven by AI trends. Energy-intensive AI will contribute to rising power demand, which is expected to increase 150% by 2030. Vistra Corp. and The Williams Companies are strategic investment opportunities in the evolving energy landscape driven by AI demand.

2 Power Plays For The Power-Hungry AI Revolution

AI data centers use a lot of electricity, which could fuel demand for natural gas in the coming years. EQT's low-cost operations and strategic position could enable it to capitalize on a potential AI-powered gas boom.

Beyond Nvidia: AI Could Fuel High-Powered Growth for These Underappreciated Stocks.

Amid heightened volatility, it would be wise for investors to keep an eye on midstream stocks like Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX.

3 Midstream Stocks to Gain Amid Energy Market Volatility

Williams (WMB) wins Louisiana court battle with Energy Transfer, securing pipeline construction for the delayed Louisiana Energy Gateway project, which will be operational in the second half of 2025.

Williams (WMB) Wins Court Case for Louisiana Energy Project

APA Corporation

Baker Hughes Co

ConocoPhillips

Coterra Energy

Chevron

Devon Energy

EOG Resources

Halliburton

Hess

Marathon Petroleum

Marathon Oil

ONEOK

Occidental Petroleum

Phillips 66

Schlumberger

Targa Resources

Valero Energy

Energy Select Sector SPDR Fund

Exxon Mobil

The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.

Energy Stocks: Winners And Losers At The Beginning Of H2 2024

After showing relative strength in the first quarter, the energy sector and the Energy Select Sector SPDR Fund ETF NYSEARCA: XLE trended lower in the second quarter, recouping most of their gains. Now up just over 5% year-to-date, the sector is underperforming the market and its benchmark.

Top 3 Stocks to Buy Now as Energy Sector Hits Buy Zone

Equitrans Midstream

As MVP receives FERC's green light to transport 2.0 Bcf/d of natural gas, EQT and WMB stand ready to reap the benefits.

2 Energy Stocks Likely to Benefit From MVP's Operational Launch

Williams Companies is a large player in the energy market, with a market capitalization of $48.92 billion. The company has a strong presence in pipeline infrastructure, with ownership interests in over 33,000 miles of pipelines and various other facilities. Williams Companies offers steady and consistent growth potential, making it an attractive opportunity for long-term, value-oriented investors.

Williams Companies: A Cash Cow That Deserves Some Upside

First Solar

Artificial intelligence requires a shocking amount of energy, creating substantial opportunities for energy stocks to buy fueled by the unstoppable AI boom and the Nvidia-driven surge. For an idea of how much power we're talking about, consider this.

3 Energy Stocks to Buy Now on a Nvidia-Driven Surge

It is interesting to analyze how midstream energy stocks like WMB, ENB and KMI are poised to gain on rising electricity demand fueled by data centers managing AI applications.

Natural Gas Powering AI Data Centers: 3 Midstream Stocks to Gain

The Williams Companies (WMB) reported earnings 30 days ago. What's next for the stock?

The Williams Companies (WMB) Up 5.7% Since Last Earnings Report: Can It Continue?

Canadian Natural Resources

Large-cap stocks The Williams Companies (WMB), Chevron (CVX) and Canadian Natural Resources (CNQ) present an opportunity for long-term stability and reliable returns in the energy space.

Watch These 3 Large-Cap Energy Stocks for Attractive Yields

Enterprise Products Partners

Enbridge offers a 7.4% yield backed by 29 annual dividend increases. Williams is still cheap, trading at an attractive dividend yield.

The S&P 500 Is at All-Time Highs, and These 3 Stocks Are Still High-Yield Buys

Delek US Hlds

Magnolia Oil & Gas Corp

Sunoco

TotalEnergies SE

Western Gas Partners

For a consistently cynical take, it's difficult to ignore the viability of oil stocks to watch. In particular, the hydrocarbon sector cooled off, only to spike back up as tensions in the Middle East flared again.

7 Oil Stocks to Watch as Middle East Politics Take Center Stage

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure has built a very valuable natural gas storage business. Enbridge has been bulking up its gas storage business over the past year.

These High-Yield Dividend Stocks See Value (and Growth) in This Overlooked Space

Realty Income Corp

Investing in companies that pay reliable dividends can provide a steady stream of income and potential capital appreciation. Realty Income Corp. is a reliable dividend payer with a diversified portfolio and a strong leasing environment. Enbridge is a leading energy company with stable cash flows and strong operating fundamentals, offering an attractive dividend yield.

Fund Your Forever Home With These High Dividends

Williams (WMB) decides to abandon the NESE pipeline project due to environmental concerns and regulatory challenges, and deems it as a poor investment.

Williams (WMB) Abandons NESE Project Over Environmental Dispute

Citizens Financial Group

Dominion Energy

Hasbro

Altria

It's no secret that high interest rates are a headwind for dividend-paying stocks, but some are worth considering.

6 Dividend Stocks With Yields Higher Than the 10-Year Treasury

Artificial intelligence and data centers will significantly increase natural gas demand, with a fifth of current demand expected to come from data centers alone by 2030. The Williams Companies is a midstream company that benefits from rising natural gas demand and has returned almost 100% over the past five years. WMB has a strong financial performance, with record contracted transmission capacity, significant acquisitions, and consistent earnings growth, making it a strong dividend stock with potential for future growth.

The Williams Way To Wealth: Why I'm So Bullish On This 5%-Yielding Natural Gas Giant

Stocks focused on oil and gas storage and transportation have been stealthy winners over the past year. I have a buy rating on The Williams Companies (WMB), a domestic natural gas infrastructure company, given its strong earnings growth and technical momentum. WMB's Q1 results were solid, with record contracted transmission capacity and robust guidance for the balance of 2024.

The Williams Companies: Gas Demand Is Far-Reaching, Healthy Q1 Results And FCF

Williams (WMB) expects adjusted EBITDA in the range of $6.8-$7.1 billion in the top half of 2024 and growth capex in the band of $1.45-$1.75 billion for 2024.

Williams (WMB) Q1 Earnings Beat Estimates, Revenues Miss

News for Williams Stock (WMB)