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WMB US​
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Williams Companies, Inc.(WMB US)

$69.04-0.400.58%(Market Open · 18:49:03 UTC)
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Overview

ProfileEntity Structure

Documents

SEC Filings
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  • Home
  • AI Agent
  • Annotations
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  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

WMB US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Williams Companies, Inc.(WMB US)

$69.04-0.400.58%(Market Open · 18:49:03 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Williams Companies, Inc. — Company Profile

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Exchange
UN
CEO
Chad J. Zamarin
Headquarters
Tulsa, OK, US
IPO Date
Dec 31, 1981
Employees
5,987
Website
www.williams.com

Key Metrics

Price
$70.54
Market Cap
$86.28B
Revenue (TTM)
$3.03B
Net Income (TTM)
$912.00M
EPS (TTM)
0.71
P/E (TTM)
30.39
P/B (TTM)
6.64
Dividend Yield
2.87%
ROE (TTM)
7.02%
ROA (TTM)
1.53%
Operating Margin
43.60%
Beta
0.04

Dividends

Last Dividend
$0.53
Last Yield
0.03%

Summary

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Website
www.williams.com
Location
Tulsa, OK, US
Phone800-945-5426
Employees5,987
CEOChad J. Zamarin
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
IPO DateDec 31, 1981

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(3.3K)

Expand
  • Form 4Wilson Terrance Lane3 Nov
  • 8-KOther Events2 Nov
  • 424B2Prospectus filing (Rule 424(b)(2))2 Nov
  • S-3ASRAutomatic shelf registration statement (S-3)2 Nov
  • 10-QQ3ended 30 Sept 20262 Nov
  • 8-KResults of Operations and Financial Condition2 Nov
  • Form 144Wilson Terrance Lane2 Nov
  • Form 4Wilson Terrance Lane2 Oct
  • Form 144Wilson Terrance Lane1 Oct
  • SDSD11 Sep
  • 8-KEntry into a Material Definitive Agreement10 Sep
  • 8-KWilliams (NYSE: WMB)One Williams CenterTulsa, OK 74172800-Williamswww.williams.com10 Sep
  • 424B2Prospectus filing (Rule 424(b)(2))9 Sep
  • FWPFree writing prospectus8 Sep
  • 424B5Prospectus filing (Rule 424(b)(5))8 Sep
  • 8-KOther Events3 Sep
  • 424B2Prospectus filing (Rule 424(b)(2))3 Sep
  • Form 4Wilson Terrance Lane2 Sep
  • Form 144Wilson Terrance Lane1 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 Aug

News

  • Elite Dividend Growth Machines On Sale (Up To 7% Yields)11 Nov
  • Natural Gas Prices Gain 3.5% for the Week: What's Next?9 Nov
  • Two 13% Yields That Just Went On Clearance9 Nov
  • How These 4 Pipeline Stocks Make Money9 Nov
  • What Williams Companies (WMB) Said on Its Q3 Earnings Call6 Nov
  • A $750,000 Dividend Portfolio Could Cost You $9,000 a Year in Taxes. Here's How5 Nov
  • Artisan Global Equity Fund Q3 2026 Portfolio Review5 Nov
  • WMB Q3 Earnings Miss Estimates Amid Higher Costs, Revenues Beat4 Nov
  • WMB Q3 Earnings Call Highlights Power Backlog and Funding4 Nov
  • The Williams Companies: Q3 Results Show Opportunities, But Stock Looks Overvalued4 Nov
  • What Williams Companies (WMB) Said on Its Q3 Earnings Call4 Nov
  • The Williams Companies, Inc. (WMB) Q3 2026 Earnings Call Transcript3 Nov
  • Williams Companies: Good Start To The Growth Cycle3 Nov
  • Williams Companies Stock Soars on AI Power Demand. Is It Too Late to Get In?3 Nov
  • Williams Companies, Inc. (The) (WMB) Lags Q3 Earnings Estimates2 Nov
  • Williams Delivers Strong Third-Quarter 2026 Results2 Nov
  • Gear Up for The Williams Companies (WMB) Q3 Earnings: Wall Street Estimates for Key Metrics29 Oct
  • XLE's Price Has Surged, but Its Dividend Barely Moved28 Oct
  • Williams Companies, Inc. (The) (WMB) Recently Broke Out Above the 50-Day Moving Average28 Oct
  • Williams Companies, Inc. (The) (WMB) Crossed Above the 200-Day Moving Average: What That Means for Investors28 Oct

Mentions in Filings

  • On June 28, 2024, Louisiana Energy Gateway LLC, <strong>The Williams Companies, Inc.</strong>, and Williams Fields Services Group, LLC (collectively, “Williams”) filed a Petition for Damages against Energy Transfer and Gulf Run Transmission, LLC (“Gulf Run”) in the 42nd Judicial District Court, Parish of DeSoto, State of Louisiana (“42nd District Court”), alleging that Energy Transfer and/or Gulf Run have monopolized, conspired to monopolize, and/or attempted to …
    Energy Transfer LPWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … from parties including, but not limited to: ARCO (BP); Beatrice Fund for Environmental Liabilities; CF; Conoco; Conserv; Estech, Inc.; Kaiser Aluminum & Chemical Corporation; Kerr-McGee Inc.; PPG Industries, Inc.; <strong>The Williams Companies</strong>; and certain other private parties. Our subsidiaries have already received and anticipate receiving amounts pursuant to the indemnification agreements for certain of their expenses incurred to date as well as futu …
    MOSAIC COWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·4 Nov
  • … Foundation (2023-present). Ms. Fuller previously served as a member of the Board of Roosevelt University (2019-2024), as a member of the Board, Audit Committee and Environmental, Health and Safety Committee of <strong>The Williams Companies, Inc.</strong> (natural gas infrastructure, 2018-2021) and as a member of the Executive Board of New York University's Stern School of Business (2022-2026). Patricia L. Kampling (1959) Year of Election or Appointment: 2020
    Fidelity Central Investment Portfolios LLCWilliams Companies, Inc.·POS AMI - PRIMARY DOCUMENT·Q1 27·30 Oct
  • … industries, including leadership roles in operations, engineering, construction, project-management and information technology. Most recently, Dunn served as executive vice president and chief operating officer of <strong>The Williams Companies</strong>, from which he retired in 2025. He previously served as president of Kern River Gas and PacifiCorp Energy, and president and executive vice president of Questar Pipeline/Questar Corporation. Dunn is a GIP-designa …
    MPLX LPWilliams Companies, Inc.·EX-99.1 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 26·29 Oct
  • … . A wholly owned subsidiary of the Company serves as the operator for each series of the MVP Joint Venture. (b)Laurel Mountain Midstream, LLC is a midstream company formed as a joint venture among the Company, <strong>The Williams Companies, Inc.</strong> and certain other energy companies for the purpose of owning and operating gathering and processing assets. MVP A. Series A of the MVP Joint Venture (MVP A) was formed for the purpose of constructing and ownin …
    EQT CorpWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·28 Oct
  • … Foundation (2023-present). Ms. Fuller previously served as a member of the Board of Roosevelt University (2019-2024), as a member of the Board, Audit Committee and Environmental, Health and Safety Committee of <strong>The Williams Companies, Inc.</strong> (natural gas infrastructure, 2018-2021) and as a member of the Executive Board of New York University's Stern School of Business (2022-2026). Patricia L. Kampling (1959) Year of Election or Appointment: 2020
    FIDELITY SECURITIES FUNDWilliams Companies, Inc.·485APOS - Post-effective amendment (open-end investment companies)·Q1 27·28 Oct

Key Stats

Trading

Px/Chg 1D$70.54 / +1.91%
Avg Volume6.59M
Beta0.04
Mkt Cap86.28B
FD Mkt Cap91.20B

Float

Shrs Out/Float1.22B / 1.22B
Short Float0.02%
Days to Cover2.50
Stock Repurchased$0.00

Current Valuation

EV117.84B
EV/EBITDA16.62
EV/Sales9.89
P/B6.64
P/S7.24
FCF Yield0.28%
ROE7.02%
ROA1.53%
Current Ratio0.83

Dividend

Cash$0.53
Yield2.87%
Yield (TTM)2.87%

Estimates

P/E30.39
Est P/E0.00
Est EPS0.63
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings57.1017.4214.8132.88125.7694.61
Price / Sales14.383.264.326.9628.8628.48
Price / Book Value5.333.113.805.887.216.64
Price / Free Cash Flow44.2813.7013.9730.47-190.33353.62
ENTERPRISE VALUE METRICS
Enterprise Value95,856.861,045.073,927.7102,609.0123,862.9117,839.2
Enterprise Value / Sales19.955.576.789.7738.7338.89
Enterprise Value / EBITDA35.2310.719.5915.6263.2976.92
Enterprise Value / EBIT48.8816.5513.1123.5989.24101.94

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue3%10,627.010,965.010,907.010,503.011,950.0
Gross Income1.9%4,753.05,499.06,801.06,166.05,122.0
EBITDA9.8%5,094.05,698.07,712.06,569.07,414.0
EBIT11.7%3,252.03,689.05,641.04,350.05,067.0
Net Income14.6%1,517.02,049.03,179.02,225.02,618.0
EPS (Diluted)14.6%1.241.672.601.822.14
BALANCE SHEET
Cash & ST Inv-56%1,680.0152.02,150.060.063.0
Total Assets5.3%47,612.048,433.052,627.054,532.058,573.0
Total Liabilities6.8%33,511.034,388.037,736.039,692.043,578.0
Total Shareholder Equity2.9%11,423.011,485.012,402.012,436.012,807.0
CASH FLOW
Net Operating Cash Flow10.6%3,945.04,889.05,938.04,974.05,898.0
Cap Ex40.7%-1,247.0-2,283.0-2,567.0-2,573.0-4,893.0
Free Cash Flow-21.9%2,698.02,606.03,371.02,401.01,005.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)69.11
Basic Shares1,223.17
Market Cap84,533.1
Diluted Shares1,239.00
Fully Diluted Shares Outstanding1,239.00
Fully Diluted Market Cap85,627.3
+Consolidated Debt33,934.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,756.0
−Short-term Investments-
+Total Preferred35.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5,761.0
+Pension Liabilities—
Enterprise Value122,507.1

Segment data

Revenue

by Products and services

  • Gas & Ngl Marketing Services72%
  • West28%

Revenue

by Geography

  • West100%

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Williams Companies, Inc. — Company Profile

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Exchange
UN
CEO
Chad J. Zamarin
Headquarters
Tulsa, OK, US
IPO Date
Dec 31, 1981
Employees
5,987
Website
www.williams.com

Key Metrics

Price
$70.54
Market Cap
$86.28B
Revenue (TTM)
$3.03B
Net Income (TTM)
$912.00M
EPS (TTM)
0.71
P/E (TTM)
30.39
P/B (TTM)
6.64
Dividend Yield
2.87%
ROE (TTM)
7.02%
ROA (TTM)
1.53%
Operating Margin
43.60%
Beta
0.04

Dividends

Last Dividend
$0.53
Last Yield
0.03%

Summary

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Website
www.williams.com
Location
Tulsa, OK, US
Phone800-945-5426
Employees5,987
CEOChad J. Zamarin
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
IPO DateDec 31, 1981

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(3.3K)

Expand
  • Form 4Wilson Terrance Lane3 Nov
  • 8-KOther Events2 Nov
  • 424B2Prospectus filing (Rule 424(b)(2))2 Nov
  • S-3ASRAutomatic shelf registration statement (S-3)2 Nov
  • 10-QQ3ended 30 Sept 20262 Nov
  • 8-KResults of Operations and Financial Condition2 Nov
  • Form 144Wilson Terrance Lane2 Nov
  • Form 4Wilson Terrance Lane2 Oct
  • Form 144Wilson Terrance Lane1 Oct
  • SDSD11 Sep
  • 8-KEntry into a Material Definitive Agreement10 Sep
  • 8-KWilliams (NYSE: WMB)One Williams CenterTulsa, OK 74172800-Williamswww.williams.com10 Sep
  • 424B2Prospectus filing (Rule 424(b)(2))9 Sep
  • FWPFree writing prospectus8 Sep
  • 424B5Prospectus filing (Rule 424(b)(5))8 Sep
  • 8-KOther Events3 Sep
  • 424B2Prospectus filing (Rule 424(b)(2))3 Sep
  • Form 4Wilson Terrance Lane2 Sep
  • Form 144Wilson Terrance Lane1 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 Aug

News

  • Elite Dividend Growth Machines On Sale (Up To 7% Yields)11 Nov
  • Natural Gas Prices Gain 3.5% for the Week: What's Next?9 Nov
  • Two 13% Yields That Just Went On Clearance9 Nov
  • How These 4 Pipeline Stocks Make Money9 Nov
  • What Williams Companies (WMB) Said on Its Q3 Earnings Call6 Nov
  • A $750,000 Dividend Portfolio Could Cost You $9,000 a Year in Taxes. Here's How5 Nov
  • Artisan Global Equity Fund Q3 2026 Portfolio Review5 Nov
  • WMB Q3 Earnings Miss Estimates Amid Higher Costs, Revenues Beat4 Nov
  • WMB Q3 Earnings Call Highlights Power Backlog and Funding4 Nov
  • The Williams Companies: Q3 Results Show Opportunities, But Stock Looks Overvalued4 Nov
  • What Williams Companies (WMB) Said on Its Q3 Earnings Call4 Nov
  • The Williams Companies, Inc. (WMB) Q3 2026 Earnings Call Transcript3 Nov
  • Williams Companies: Good Start To The Growth Cycle3 Nov
  • Williams Companies Stock Soars on AI Power Demand. Is It Too Late to Get In?3 Nov
  • Williams Companies, Inc. (The) (WMB) Lags Q3 Earnings Estimates2 Nov
  • Williams Delivers Strong Third-Quarter 2026 Results2 Nov
  • Gear Up for The Williams Companies (WMB) Q3 Earnings: Wall Street Estimates for Key Metrics29 Oct
  • XLE's Price Has Surged, but Its Dividend Barely Moved28 Oct
  • Williams Companies, Inc. (The) (WMB) Recently Broke Out Above the 50-Day Moving Average28 Oct
  • Williams Companies, Inc. (The) (WMB) Crossed Above the 200-Day Moving Average: What That Means for Investors28 Oct

Mentions in Filings

  • On June 28, 2024, Louisiana Energy Gateway LLC, <strong>The Williams Companies, Inc.</strong>, and Williams Fields Services Group, LLC (collectively, “Williams”) filed a Petition for Damages against Energy Transfer and Gulf Run Transmission, LLC (“Gulf Run”) in the 42nd Judicial District Court, Parish of DeSoto, State of Louisiana (“42nd District Court”), alleging that Energy Transfer and/or Gulf Run have monopolized, conspired to monopolize, and/or attempted to …
    Energy Transfer LPWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … from parties including, but not limited to: ARCO (BP); Beatrice Fund for Environmental Liabilities; CF; Conoco; Conserv; Estech, Inc.; Kaiser Aluminum & Chemical Corporation; Kerr-McGee Inc.; PPG Industries, Inc.; <strong>The Williams Companies</strong>; and certain other private parties. Our subsidiaries have already received and anticipate receiving amounts pursuant to the indemnification agreements for certain of their expenses incurred to date as well as futu …
    MOSAIC COWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·4 Nov
  • … Foundation (2023-present). Ms. Fuller previously served as a member of the Board of Roosevelt University (2019-2024), as a member of the Board, Audit Committee and Environmental, Health and Safety Committee of <strong>The Williams Companies, Inc.</strong> (natural gas infrastructure, 2018-2021) and as a member of the Executive Board of New York University's Stern School of Business (2022-2026). Patricia L. Kampling (1959) Year of Election or Appointment: 2020
    Fidelity Central Investment Portfolios LLCWilliams Companies, Inc.·POS AMI - PRIMARY DOCUMENT·Q1 27·30 Oct
  • … industries, including leadership roles in operations, engineering, construction, project-management and information technology. Most recently, Dunn served as executive vice president and chief operating officer of <strong>The Williams Companies</strong>, from which he retired in 2025. He previously served as president of Kern River Gas and PacifiCorp Energy, and president and executive vice president of Questar Pipeline/Questar Corporation. Dunn is a GIP-designa …
    MPLX LPWilliams Companies, Inc.·EX-99.1 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 26·29 Oct
  • … . A wholly owned subsidiary of the Company serves as the operator for each series of the MVP Joint Venture. (b)Laurel Mountain Midstream, LLC is a midstream company formed as a joint venture among the Company, <strong>The Williams Companies, Inc.</strong> and certain other energy companies for the purpose of owning and operating gathering and processing assets. MVP A. Series A of the MVP Joint Venture (MVP A) was formed for the purpose of constructing and ownin …
    EQT CorpWilliams Companies, Inc.·10-Q - Quarterly report Q3·Q3 26·28 Oct
  • … Foundation (2023-present). Ms. Fuller previously served as a member of the Board of Roosevelt University (2019-2024), as a member of the Board, Audit Committee and Environmental, Health and Safety Committee of <strong>The Williams Companies, Inc.</strong> (natural gas infrastructure, 2018-2021) and as a member of the Executive Board of New York University's Stern School of Business (2022-2026). Patricia L. Kampling (1959) Year of Election or Appointment: 2020
    FIDELITY SECURITIES FUNDWilliams Companies, Inc.·485APOS - Post-effective amendment (open-end investment companies)·Q1 27·28 Oct

Key Stats

Trading

Px/Chg 1D$70.54 / +1.91%
Avg Volume6.59M
Beta0.04
Mkt Cap86.28B
FD Mkt Cap91.20B

Float

Shrs Out/Float1.22B / 1.22B
Short Float0.02%
Days to Cover2.50
Stock Repurchased$0.00

Current Valuation

EV117.84B
EV/EBITDA16.62
EV/Sales9.89
P/B6.64
P/S7.24
FCF Yield0.28%
ROE7.02%
ROA1.53%
Current Ratio0.83

Dividend

Cash$0.53
Yield2.87%
Yield (TTM)2.87%

Estimates

P/E30.39
Est P/E0.00
Est EPS0.63
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings57.1017.4214.8132.88125.7694.61
Price / Sales14.383.264.326.9628.8628.48
Price / Book Value5.333.113.805.887.216.64
Price / Free Cash Flow44.2813.7013.9730.47-190.33353.62
ENTERPRISE VALUE METRICS
Enterprise Value95,856.861,045.073,927.7102,609.0123,862.9117,839.2
Enterprise Value / Sales19.955.576.789.7738.7338.89
Enterprise Value / EBITDA35.2310.719.5915.6263.2976.92
Enterprise Value / EBIT48.8816.5513.1123.5989.24101.94

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue3%10,627.010,965.010,907.010,503.011,950.0
Gross Income1.9%4,753.05,499.06,801.06,166.05,122.0
EBITDA9.8%5,094.05,698.07,712.06,569.07,414.0
EBIT11.7%3,252.03,689.05,641.04,350.05,067.0
Net Income14.6%1,517.02,049.03,179.02,225.02,618.0
EPS (Diluted)14.6%1.241.672.601.822.14
BALANCE SHEET
Cash & ST Inv-56%1,680.0152.02,150.060.063.0
Total Assets5.3%47,612.048,433.052,627.054,532.058,573.0
Total Liabilities6.8%33,511.034,388.037,736.039,692.043,578.0
Total Shareholder Equity2.9%11,423.011,485.012,402.012,436.012,807.0
CASH FLOW
Net Operating Cash Flow10.6%3,945.04,889.05,938.04,974.05,898.0
Cap Ex40.7%-1,247.0-2,283.0-2,567.0-2,573.0-4,893.0
Free Cash Flow-21.9%2,698.02,606.03,371.02,401.01,005.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)69.11
Basic Shares1,223.17
Market Cap84,533.1
Diluted Shares1,239.00
Fully Diluted Shares Outstanding1,239.00
Fully Diluted Market Cap85,627.3
+Consolidated Debt33,934.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,756.0
−Short-term Investments-
+Total Preferred35.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5,761.0
+Pension Liabilities—
Enterprise Value122,507.1

Segment data

Revenue

by Products and services

  • Gas & Ngl Marketing Services72%
  • West28%

Revenue

by Geography

  • West100%

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