TULSA, Okla.--(BUSINESS WIRE)--Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company’s common stock, payable on March 25, 2024, to holders of record at the close of business on March 8, 2024. 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 regar ...

TULSA, Okla.--(BUSINESS WIRE)--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. Williams will demonstrate how the natural gas value chain is leveraging and developing cutting-edge and scalable technologies to reduce emissions – from responsibly growing NextGen natural gas to displace high-emissions fuels, to the deploy ...

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that Donald “Don” R. Cravins, Jr., has been named Head of Government Affairs and Outreach. Cravins joins Liz Bowman, who was named Vice President of Government Affairs for Williams in Nov. 2023. “Having a strong voice in Washington D.C. has never been more important as we navigate a complex and challenging permitting environment in our efforts to meet continued increasing demand for natural gas and evolving domestic needs, as well as pro ...

Trevor Williams/DigitalVision via Getty Images The Williams Companies (WMB) is an American, Oklahoma based energy company. The company, with a market cap of more than $40 billion, has major natural gas processing and transportation assets. As we'll see throughout this article, the company's impressive assets will enable the company to continue driving additional shareholder returns. Williams Companies Overview The company has a strong portfolio of assets, and has continued to perform well. Williams Companie ...

Group 1 - Williams has completed the acquisition of a portfolio of natural gas storage assets from Hartree Partners LP for $1.95 billion, which includes six underground storage facilities in Louisiana and Mississippi with a total capacity of 115 billion cubic feet (Bcf) [1][2] - The acquisition also includes 230 miles of gas transmission pipeline and 30 pipeline interconnects to key markets, including LNG markets, and connections to Transco, the largest natural gas transmission pipeline in the U.S. [1][2] - The acquisition price reflects an approximate 10x estimated 2024 EBITDA multiple, indicating a strategic investment in the growing natural gas sector [1] Group 2 - The six storage facilities consist of four salt domes with a combined capacity of 92 Bcf and two depleted reservoirs with a combined capacity of 23 Bcf, featuring an injection capacity of 5 Bcf/d and a withdrawal capacity of 7.9 Bcf/d, among the highest in the U.S. [2] - The acquisition is expected to enhance Williams' transportation network, addressing the growing demand for natural gas driven by LNG exports and power generation [2] - Williams aims to integrate the Hartree team and the new storage platform into its existing natural gas transportation and marketing services, thereby delivering additional value to shareholders [2]

TULSA, Okla.--(BUSINESS WIRE)--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 in ...

zorazhuang The Williams Companies (NYSE:WMB) is a well-run midstream company that presents shareholders with the opportunity to earn a well-supported and stable 5.1% yield. The Williams Companies runs a diversified pipeline business and generates a ton of cash flow that supports a growing dividend. The Williams Companies’ acquisition of MountainWest Pipelines Holding Company, which closed in the first-quarter of FY 2023, has started to make positive adjusted EBITDA contributions. I also expect The Willi ...

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced that it has reached an agreement to acquire 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 connec ...

Williams Companies WMB, -0.06% announced Wednesday an agreement to buy a portfolio of natural gas storage assets for $1.95 billion from an affiliate of Hartree Partners L.P. The deal includes six underground storage facilities in Louisiana and Mississippi and 230 miles of gas transmission pipeline. The deal is expected to close in January 2024. “These assets better position Williams’ natural gas storage operations to serve Gulf Coast LNG demand and growing electrification loads from data centers along the ...

The Williams Companies, Inc. (NYSE:WMB) Q3 2023 Earnings Conference Call November 2, 2023 9:30 AM ET Company Participants Danilo Juvane – Vice President-Investor Relations Alan Armstrong – President and Chief Executive Officer John Porter – Chief Financial Officer Michael Dunn – Chief Operating Officer Lane Wilson – General Counsel Chad Zamarin – Executive Vice President-Corporate Strategic Development Conference Call Participants Spiro Dounis – Citi Neel Mitra – Bank of America Theresa Chen – Barclays ...