WMB

Williams Executives to Speak at CERAWeek 2024

Retrieved on: 
Thursday, February 29, 2024
Energy, Other Energy, Utilities, Oil, Gas, Carbon, Natural gas, CDT, S&P Global, CERAWeek, Information economy, WMB, Management

Williams (NYSE: WMB) President and Chief Executive Officer Alan Armstrong and members of the Williams leadership team will join the world’s energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities at the 42nd annual CERAWeek presented by S&P Global, to be held March 18-22 in Houston.

Key Points: 
  • Williams (NYSE: WMB) President and Chief Executive Officer Alan Armstrong and members of the Williams leadership team will join the world’s energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities at the 42nd annual CERAWeek presented by S&P Global, to be held March 18-22 in Houston.
  • Mr. Armstrong will participate in a plenary session with other esteemed energy industry leaders to discuss The Future Role of Natural Gas in a Low Carbon World on Wednesday, March 20 at 8:30 a.m. CDT.
  • The session will focus on natural gas in an evolving energy mix and how producers and midstream providers are applying their core competencies toward a long-term energy transition.
  • Micheal Dunn, Executive Vice President and Chief Operating Officer, will speak on the panel Big Infrastructure: Executing Amid Challenges

Thinking about trading options or stock in CleanSpark, Williams Companies, SunPower, Microsoft, or Shopify?

Retrieved on: 
Wednesday, February 14, 2024
SHOP, WMB, Report, MSFT, Retail

Click a link below then choose between in-depth options trade idea report or a stock score report.

Key Points: 
  • Click a link below then choose between in-depth options trade idea report or a stock score report.
  • Options Report – Ideal trade ideas on up to seven different options trading strategies.
  • The report shows all vital aspects of each option trade idea for each stock.
  • Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.

Williams Delivers Another Year of Record Results; Company to Host Analyst Day Event Today Starting at 8:30 a.m. ET

Retrieved on: 
Wednesday, February 14, 2024
Energy, Other Energy, Utilities, Oil, Gas, Transfer, Acquisition, Marketing, Weather, Investment, News, Growth, Sequent, Sale, Adjustment, GAAP, Hand, WMB, Depreciation, Pharmaceutical industry

Debt is net of cash on hand, and Adjusted EBITDA reflects the sum of the last four quarters.

Key Points: 
  • Debt is net of cash on hand, and Adjusted EBITDA reflects the sum of the last four quarters.
  • (4) Fourth-quarter and full-year 2023 capital excludes $544 million for the DJ Basin acquisitions, which closed in November 2023.
  • Full-year 2023 capital excludes $1.024 billion for the acquisition of MountainWest Pipeline Holding company, which closed February 14, 2023.
  • Full-year 2022 capital also excludes $933 million for purchase of the Trace Midstream Haynesville gathering assets, which closed April 29, 2022.

Williams Rated High Across Key Sustainability Rankings

Retrieved on: 
Thursday, February 8, 2024
Environment, Other Energy, Utilities, Oil, Gas, Professional Services, Sustainability, Green Technology, Energy, Environmental, Social and Governance (ESG), Newsweek, ESG, Climate change, Dow Jones, MSCI, WMB

Williams (NYSE: WMB) was again recognized across several key rankings for sustainability leadership – including the Dow Jones Sustainability Index, S&P Global Corporate Sustainability Assessment and MSCI – for the company’s commitment to transparency and governance around climate change and other critical topics.

Key Points: 
  • Williams (NYSE: WMB) was again recognized across several key rankings for sustainability leadership – including the Dow Jones Sustainability Index, S&P Global Corporate Sustainability Assessment and MSCI – for the company’s commitment to transparency and governance around climate change and other critical topics.
  • Williams also received an ‘A-’ score on the 2023 CDP Climate Change Questionnaire, an upgrade over the previous year and ranking well above the oil and gas storage and transportation sector (‘C’) and North American regional (‘C’) averages.
  • “Williams has the scale, strategy and the impassioned workforce to drive significant change for our industry on topics of critical importance.
  • These high scores reflect our work to achieve industry leading emissions transparency and reductions, while meeting growing demand for clean, affordable and reliable energy,” said Alan Armstrong, president and chief executive officer of Williams.

Williams Increases Quarterly Cash Dividend by 6.1%

Retrieved on: 
Tuesday, January 30, 2024
Energy, Other Energy, Utilities, Oil, Gas, WMB

This is a 6.1% increase from Williams’ fourth-quarter 2023 quarterly dividend of $0.4475 per share, paid in December 2023.

Key Points: 
  • This is a 6.1% increase from Williams’ fourth-quarter 2023 quarterly dividend of $0.4475 per share, paid in December 2023.
  • Some portion of this distribution may be considered a return of capital for tax purposes.
  • Additional information regarding return of capital distributions is available at Williams’ investor relations website.
  • Williams has paid a common stock dividend every quarter since 1974.

Williams to Report Fourth-Quarter and Full-Year 2023 Financial Results Feb. 14; will host Clean Energy Expo Feb. 13 and Analyst Day event Feb. 14 in Washington D.C.

Retrieved on: 
Thursday, January 25, 2024
Energy, Utilities, Oil, Gas, Nextgen, WMB, AI, EQT, Expo, Central Time, Renewable energy

Williams (NYSE: WMB) will host a Clean Energy Expo in Washington D.C. on Tuesday, Feb. 13, focused on how Williams and the natural gas industry are delivering energy security and affordability while simultaneously reducing global emissions.

Key Points: 
  • Williams (NYSE: WMB) will host a Clean Energy Expo in Washington D.C. on Tuesday, Feb. 13, focused on how Williams and the natural gas industry are delivering energy security and affordability while simultaneously reducing global emissions.
  • The Expo will feature demonstrations from around 20 different companies and panel discussions with top leaders from Williams, Cheniere Energy, Inc. and EQT Corporation.
  • During the event, Williams' management will give an in-depth presentation covering the company's natural gas-focused strategy to meet growing clean energy demands while also delivering shareholder value.
  • Presentation slides and earnings materials will be accessible on the Williams’ Investor Relations website before market open on Feb. 14.

Williams Names New D.C. Leadership Team

Retrieved on: 
Wednesday, January 24, 2024
White House, Federal Government, Public Policy, Government, State, Local, Other Energy, Utilities, Energy, Louisiana State University, Lieutenant colonel, Enterprise software, Natural gas, EPA, Public policy, Senate, Multimedia, Commerce, WMB, Charter Communications, National Urban League, Administration, Human, Organization, Small business, United, Communication, Entrepreneurship, Army National Guard, Renewable energy

Cravins joins Liz Bowman, who was named Vice President of Government Affairs for Williams in Nov. 2023.

Key Points: 
  • Cravins joins Liz Bowman, who was named Vice President of Government Affairs for Williams in Nov. 2023.
  • It stands, unmatched, as the most affordable and reliable source of lower emissions energy,” said Lane Wilson, Williams senior vice president and general counsel.
  • In addition, he will set the strategic direction and objectives for Williams Government Affairs and Outreach teams, ensuring the integration of business priorities in Williams' policies and positions.
  • Reporting directly to Cravins, Bowman leads Williams’ in-house government affairs team and directs the activities of external consultants, while also proactively partnering with operations leaders on project development to ensure Williams is positioned to deliver on its commitments.

Williams Closes Acquisition of Major Natural Gas Storage Portfolio

Retrieved on: 
Wednesday, January 3, 2024
Other Transport, Oil, Gas, Energy, Transport, Other Energy, Marketing, WMB, Acquisition, BofA Securities, Wells Fargo, Natural gas

Williams (NYSE: WMB) today announced that it has closed its acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion.

Key Points: 
  • Williams (NYSE: WMB) today announced that it has closed its acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion.
  • The transaction includes six underground natural gas storage facilities located in Louisiana and Mississippi with total capacity of 115 billion cubic feet (Bcf), as well as 230 miles of gas transmission pipeline and 30 pipeline interconnects to attractive markets, including LNG markets, and connections to Transco, the nation’s largest natural gas transmission pipeline.
  • “Demand for natural gas has greatly outpaced natural gas storage capacity since 2010, demonstrating the intrinsic value this well-connected and strategically located Gulf Coast storage portfolio brings to our transportation network as we serve growing demand driven by LNG exports and power generation,” said Williams President and Chief Executive Officer Alan Armstrong.
  • “With the acquisition now complete, we look forward to welcoming the Hartree team to Williams and integrating this premier storage platform into our suite of natural gas transportation and marketing services, while delivering additional value to our shareholders.”
    The six natural gas storage facilities include four salt domes with combined capacity of 92 Bcf and two depleted reservoirs with combined capacity of 23 Bcf.

Williams Prices $2.1 Billion of Senior Notes

Retrieved on: 
Wednesday, January 3, 2024
Energy, Other Energy, Utilities, Oil, Gas, File, Prospectus, Wells Fargo, Debt-to-GDP ratio, Security (finance), WMB, Sale, News

Williams (NYSE: WMB) announced today that it has priced a public offering of $1.1 billion of its 4.900% Senior Notes due 2029 at a price of 99.839 percent of par and $1.0 billion of its 5.150% Senior Notes due 2034 at a price of 99.975 percent of par.

Key Points: 
  • Williams (NYSE: WMB) announced today that it has priced a public offering of $1.1 billion of its 4.900% Senior Notes due 2029 at a price of 99.839 percent of par and $1.0 billion of its 5.150% Senior Notes due 2034 at a price of 99.975 percent of par.
  • The expected settlement date for the offering is January 5, 2024, subject to the satisfaction of customary closing conditions.
  • Williams intends to use the net proceeds of the offering for general corporate purposes, which may include the repayment of our outstanding commercial paper notes or other near-term debt maturities.
  • Before you invest, you should read the prospectus in the registration statement and other documents Williams has filed with the SEC for more complete information about Williams and the offering.

Williams Announces Acquisition of Strategic Gulf Coast Natural Gas Storage Portfolio with Direct Access to LNG Export Facilities and Interstate Pipelines

Retrieved on: 
Wednesday, December 27, 2023
Oil, Gas, Energy, Hart–Scott–Rodino Antitrust Improvements Act, WMB, Acquisition, BofA Securities, Wells Fargo, Growth, Natural gas

“These assets better position Williams’ natural gas storage operations to serve Gulf Coast LNG demand and growing electrification loads from data centers along the Transco corridor.

Key Points: 
  • “These assets better position Williams’ natural gas storage operations to serve Gulf Coast LNG demand and growing electrification loads from data centers along the Transco corridor.
  • Importantly, this storage will also allow us to provide value to customers in markets with growing renewables adoption as daily peaks for natural gas increases the need for storage.
  • Since 2010, U.S. demand for natural gas has grown by 56% while gas storage capacity has only increased 12%.
  • The facilities have injection capacity of 5 Bcf/d and withdrawal capacity of 7.9 Bcf/d, among the highest of any natural gas storage platform in the United States.