The Williams Companies, Inc. (NYSE:WMB) Q2 2022 Earnings Conference Call August 2, 2022 9:30 AM ET Company Participants Danilo Juvane - Vice President of Investor Relations Alan Armstrong - President and CEO John Porter - Chief Financial Officer Micheal Dunn - Chief Operating Officer Chad Zamarin - Senior Vice President of Corporate Strategic Development Lane Wilson - General Counsel Conference Call Participants Chase Mulvehill - Bank of America Marc Solecitto - Barclays Jean Ann Salisbury - Sanford C. Ber ...

The Williams Companies, Inc. (NYSE:WMB) J.P. Morgan Energy, Power & Renewables Conference June 22, 2022 8:20 AM ET Company Participants Micheal Dunn - EVP & COO Conference Call Participants Jeremy Tonet - Equity Analyst for Utilities and Midstream, J.P. Morgan Jeremy Tonet Good morning everyone. Can you hear me? Is the mike on, okay there we go. Good morning everyone. Thank you for joining us. This morning we are very excited to be joined by Micheal Dunn, COO of Williams to talk about all the great things g ...

Key Points Industry and Company * **Company**: The Williams Companies, Inc. (NYSE:WMB) * **Industry**: Energy Infrastructure * **Focus**: Midstream operations, natural gas production and transportation Core Views and Arguments * **European Energy Crisis**: The crisis underscores the importance of energy independence and security, and the role of natural gas as a bridge fuel. * **Energy Demand and Security**: The crisis highlights the need for adequate energy infrastructure and storage to meet growing demand and ensure energy security. * **Natural Gas Prices**: Low natural gas prices are beneficial for the long-term, but high prices can hinder demand and infrastructure development. * **Fugitive Emissions**: The industry must address fugitive methane emissions to overcome objections to natural gas usage. * **Infrastructure Development**: Adequate pipeline capacity is crucial for supporting natural gas production and meeting demand. * **Haynesville Shale**: The Haynesville Shale is a key area for natural gas production and infrastructure development, but it has a limited lifespan. * **Midstream Asset Monetization**: Williams is exploring opportunities to monetize its midstream assets, including the Rockies and Eagle Ford basins. * **Renewable Energy**: Williams is exploring opportunities to integrate renewable energy sources, such as solar and hydrogen, into its operations. * **Capital Allocation**: Williams remains focused on maximizing returns on capital employed and maintaining a low-cost operating model. Other Important Points * **State and Local Politics**: The company is monitoring changes in state and local politics, particularly regarding energy infrastructure and regulations. * **M&A Activity**: Williams is focused on bolt-on acquisitions that offer high returns and leverage its competitive advantages. * **Capital Return**: The company has a $1.5 billion buyback authorization and is exploring other ways to return capital to shareholders, including increasing the dividend.

The Williams Companies, Inc. (NYSE:WMB) Q1 2022 Earnings Conference Call May 3, 2022 9:30 AM ET Company Participants Danilo Juvane - Vice President of Investor Relations Alan Armstrong - President and CEO John Porter - Chief Financial Officer Micheal Dunn - Chief Operating Officer Chad Zamarin - Senior Vice President of Corporate Strategic Development Conference Call Participants Brian Reynolds - UBS Chase Mulvehill - BofA Merrill Lynch Praneeth Satish - Wells Fargo Securities, LLC Gabriel Moreen - Mizuho ...