(800) 945-8723, INVESTOR CONTACT: Williams Companies' total revenue increased from $1,840 million in Q2 2020 to $2,405 million in Q2 2021, marking a growth of 30.7% on a year-on-year basis. Williams' operations are comprised of the following reportable segments: Transmission & Gulf of Mexico, Northeast G&P, West, Sequent and Other. In addition, we had a $188 million net unrealized gain on commodity derivatives, primarily in our Sequent business, partially offset by $93 million of higher operating and administrative expense including the impact of higher incentive and equity compensation expense as well as the absence of a prior year benefit associated with a change in employee benefit policy. The increase in Adjusted EBITDA reflects the previously mentioned increased service revenues, lower operating and administrative costs, and favorable changes in the amortization of regulatory assets and liabilities, partially offset by lower commodity margins. (4) Excludes volumes associated with equity-method investments that are not consolidated in our results. By providing your email address below, you are providing consent to The Williams Companies to send you the requested Investor Email Alert updates. The improvement over last year also reflects the absence of $1.5 billion in pre-tax charges in 2020 related to impairments of certain assets, equity-method investments, goodwill and goodwill at an equity investee, of which $65 million was attributable to noncontrolling interests. Specific factors that could cause actual results to differ from results contemplated by the forward-looking statements include, among others, the following: Given the uncertainties and risk factors that could cause our actual results to differ materially from those contained in any forward-looking statement, we caution investors not to unduly rely on our forward-looking statements. They should not be considered in isolation or as substitutes for a measure of performance prepared in accordance with United States generally accepted accounting principles. Where do shareholders receive information about return of capital distribution allocation each year? Full-year 2021 net income improved by $1.3 billion over the prior year, reflecting $223 million of higher commodity margins, $181 million of increased earnings from equity-method investments within Northeast G&P, $111 million of earnings from upstream operations acquired this year, and $77 million of higher service revenues, partially offset by a $109 million net unrealized losses on commodity derivatives, $74 million of higher depreciation and amortization expense and $206 million of higher operating and administrative costs, including the previously described impacts of incentive and equity compensation expense and the change in employee benefit policy. After submitting your request, you will receive an activation email to the requested email address. (5) Includes 100% of the volumes associated with operated equity-method investments, including the Overland Pass Pipeline Company and Rocky Mountain Midstream. The company also expects 2022 growth capex between $1.25 billion to $1.35 billion and maintenance capex between $650 million and $750 million, which includes capital for emissions reduction and modernization initiatives. First-quarter 2020 DCF is higher, reflecting the increased Adjusted EBITDA and lower maintenance capital. Call our transfer agent, Computershare Trust Company, N.A., at 800-884-4225; 781-575-4706. Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Amounts in millions, except ratios and per-share amounts. . Gathering, processing, transportation, and fractionation revenues. * Williams 2023 Analyst Day webcast, including fourth-quarter and full-year 2022 earnings results, 800-600-3782 Alan Armstrong, president and chief executive officer, made the following comments: First quarter results were in line with our expectations as strong fee-revenue and cost savings more than offset much lower commodity margins. dollars)." Williams Companies looks undervalued based on strong cash flow and a solid 5+%. Neither Adjusted EBITDA, adjusted income, nor distributable cash flow are intended to represent cash flows for the period, nor are they presented as an alternative to net income or cash flow from operations. Williams owns and operates more than 30,000 miles of pipelines throughout the system, and is the largest and fastest-growing pipeline in the United States. This includes natural gas liquid collection, its processing, storage and transportation. However, the product revenue showed an increase of around 76.35% or $691 million, as it rose from $905 million in Q3 2021 to $1596 million in Q4 2021 quarterly. Access premium operating data on 40+ industries. * Williams 2023 Analyst Day webcast, including fourth-quarter and full-year 2022 earnings results. The company is headquartered in Gunzenhausen, Bavaria, Germany. Who is Williams Companies Headquarters 1066 W Shadowlawn, Springfield, Missouri, 65810, United States Phone Number (918) 856-1611 Website www.mobuslaw.com Revenue <$5M Industry Law Firms & Legal Services Is this data correct? As the world shifts to a low carbon future, the company is well-positioned to leverage its natural gas-focused strategy while continuing to deliver consistently stable returns for shareholders. By providing your email address below, you are providing consent to The Williams Companies to send you the requested Investor Email Alert updates. Full-year 2021 Modified and Adjusted EBITDA increased over the prior year primarily due to an estimated $55 million net favorable impact from the February 2021 severe winter weather, $96 million of higher commodity margins, and lower operating and administrative costs. Profit from the additional features of your individual account. Williams Companies Past Performance - Simply Wall St Williams owns and operates more than 30,000 miles of pipelines system wide including Transco, the nations largest volume and fastest growing pipeline and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. and over 1Mio. Find detailed information on Individual and Family Services companies in Gunzenhausen, Bayern, Germany, including financial statements, sales and marketing contacts, top competitors, and firmographic insights. However, the product revenue showed an increase of around 76.35% or $691 million, as it rose from $905 million in Q3 2021 to $1596 million in Q4 2021 quarterly. Sequent can experience significant earnings volatility from the fair value accounting required for the derivatives used to hedge a portion of the economic value of the underlying transportation and storage portfolio. You must click the activation link in order to complete your subscription. Increases to property, plant, and equipment, (2) Increases to property, plant, and equipment, Proceeds from sale of businesses, net of cash divested, Proceeds from sale of partial interest in consolidated subsidiary, Proceeds from disposition of equity-method investments. Its core business is natural gas . mesurer votre utilisation de nos sites et applications. Williams Companies - Overview, News & Competitors | ZoomInfo.com At The Williams Companies, we promise to treat your data with respect and will not share your information with any third party. Learn more about how Statista can support your business. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 24, 2020, as supplemented by the disclosure in Part II, Item 1A. A webcast link to the conference call is available at www.williams.com. These forward-looking statements relate to anticipated financial performance, managements plans and objectives for future operations, business prospects, outcome of regulatory proceedings, market conditions, and other matters. advanced charting tools, Note: Williams uses Modified EBITDA for its segment reporting. (1) Recast due to change in segments in the first quarter of 2020. Williams Companies' Revenue by Segment (2016-2022) Willi Beyer GmbH is a company that operates in the Automotive industry. Williams Companies has 59 Employees. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Stock comparison, media@williams.com These forward-looking statements are based on managements beliefs and assumptions and on information currently available to management and include, among others, statements regarding: Forward-looking statements are based on numerous assumptions, uncertainties, and risks that could cause future events or results to be materially different from those stated or implied in this report. This brings the trailing twelve month (ttm) revenue to $11.52B, up 9.33% year-over-year. stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks. (3) Capital Investments includes increases to property, plant, and equipment (growth & maintenance capital), purchases of businesses, net of cash acquired, purchases of and contributions to equity-method investments and purchases of other long-term investments. The provision for income taxes changed unfavorably by $432 million primarily due to higher pre-tax income. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. You only have access to basic statistics. Willi Beyer - Overview, News & Competitors | ZoomInfo.com Rzw Cimdata is a company that operates in the Computer Software industry. Adjustments for maintenance capital expenditures and cash portion of interest expense include our proportionate share of these items of our equity-method investments. It also processes about 30% of US natural gas used daily for clean power generation, heating, and industry. This includes natural gas liquid collection, its processing, storage and transportation. The Williams Companies: A Solid Source Of Stability And Income Decide which cookies you want to allow. Capital Investments includes increases to property, plant, and equipment, purchases of businesses, net of cash acquired, and purchases of and contributions to equity-method investments. For more information, please see the company's first-quarter 2020 Form 10-Q. (1) Includes Sequent amortization of purchase accounting inventory fair value adjustment of $15 million. (2) Does not represent leverage ratios measured for WMB credit agreement compliance or leverage ratios as calculated by the major credit ratings agencies. Williams' First-Quarter 2020 Materials to be Posted Shortly; Q&A Webcast Scheduled for Tomorrow. Full-year Adjusted EBITDA increased by $530 million over the prior year, driven by the previously described benefits from commodity margins, upstream operations and service revenues, as well as $209 million higher proportional EBITDA from Northeast G&P equity-method investments, partially offset by higher operating and administrative costs. Williams Companies - Wikipedia These favorable changes were partially offset by lower Barnett deferred revenue amortization and the absence of a deficiency fee, as well as lower proportional EBITDA from equity method investments driven by reduced transportation volumes on Overland Pass Pipeline. Return of Capital Distribution - The Williams Companies, Inc. US$6.148 billion (2015) Number of employees. View source version on businesswire.com: Available funds from operations is defined as cash flow from operations excluding the effect of changes in working capital and certain other changes in noncurrent assets and liabilities, reduced by preferred dividends and net distributions to noncontrolling interests. Such statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act). statistic alerts) please log in with your personal account. Leading U.S. oil and gas producers based on market cap October 2022, Global natural gas reserves by country 2010-2020, Selected U.S. natural gas producers based on production volume 2022. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. Williams Companies' Product Revenue by Category (2016-2022) Williams to Participate in 2023 J.P. Morgan Energy, Power and Renewables Conference, As tech companies take over the market again, don't forget these bargain dividend stocks, Williams Reports Higher First-Quarter Results, Williams to Host Q&A Session for Shareholders, The Sherwin-Williams Companies On Pace For Robust Dividend Growth, Williams Announces Quarterly Cash Dividend, Williams to Report First-Quarter 2023 Financial Results on May 3; Earnings Conference Call and Webcast Scheduled for May 4, Williams Employees to Donate Time and Energy to 116 Volunteer Projects Across 19 States. It employs 6-10 people and has $1M-$5M of revenue. Volumes handled by Blue Racer Midstream (gathering and processing), which we do not operate, are not included. Find the latest Revenue & EPS data for Williams Companies, Inc. (The) Common Stock (WMB) at Nasdaq.com. 2023 Stock Analysis. Williams is required to complete and post on its website IRS Form 8937 which will provide details on the expected changes to tax basis on WMB shares due to a portion of WMB distribution being classified as return of capital vs. dividend income for tax purposes. We may change our intentions, at any time and without notice, based upon changes in such factors, our assumptions, or otherwise. If you experience any issues with this process, please contact us for further assistance. Williams Companies, Inc. (The) (WMB) Q1 Earnings: Taking a Look at Key (1) Recast due to the change in segments in the first quarter of 2020. Its founders were Miller and David Williams and it was found in Fort Smith, Arkansas. The higher service revenues include $30 million from Transco expansion projects and a $24 million increase at Northeast G&P. ($ Million) Growth Rate (%) # Employees; 2021: Details in Premium Report: 2020: 2019: 2018: 2017: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Williams Companies's revenues are gauged from an analysis of company filings. Management believes this measure provides investors meaningful insight into results from ongoing operations. Rzw Cimdata - Overview, News & Competitors | ZoomInfo.com For a detailed discussion of those factors, see Part I, Item 1A. (1) Excludes certain amounts associated with revenues and operating costs for reimbursable charges. The company is headquartered in Gunzenhausen, Bavaria, Germany. Our gas gathering and processing operations in advantaged gas-directed supply areas stand to benefit as associated gas basins are impacted by falling oil prices. The company aided to get the modern telecommunications industry to commence its operations by running fibre optic cable through its decommissioned pipelines. (2) Includes volumes associated with Susquehanna Supply Hub, the Northeast JV, and Utica Supply Hub, all of which are consolidated. The company expects 2022 Adjusted EBITDA between $5.6 billion and $6 billion. Williams Companies top competitors are Computer Plumber, IMPLAN Group and Digital AirWare and they have annual revenue of $8M and 59 employees. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Use Ask Statista Research Service. Cash provided (used) by changes in current assets and liabilities: Changes in current and noncurrent derivative assets and liabilities, Other, including changes in noncurrent assets and liabilities, Net cash provided (used) by operating activities, Proceeds from sale of partial interest in consolidated subsidiary, Dividends and distributions paid to noncontrolling interests, Contributions from noncontrolling interests, Net cash provided (used) by financing activities, Purchases of businesses, net of cash acquired, Proceeds from dispositions of equity-method investments, Purchases of and contributions to equity-method investments, Net cash provided (used) by investing activities, Increase (decrease) in cash and cash equivalents, Cash and cash equivalents at beginning of year, (1) Increases to property, plant, and equipment, Changes in related accounts payable and accrued liabilities, Regulated interstate natural gas transportation, storage, and other revenues (1), Gathering, processing, and transportation revenues, Other segment income (expenses) - net (1), Proportional Modified EBITDA of equity-method investments, Gathering, Processing, and Crude Oil Transportation, Crude oil transportation volumes (Mbbls/d).
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