Williams Stock Price, News & Analysis

Williams (NYSE: WMB) has entered into a Memorandum of Understanding with Microsoft to enhance digital technology across its energy infrastructure while pursuing net zero emissions. The collaboration aims to explore lower carbon initiatives, including hydrogen development and carbon capture. Williams targets a 56% reduction in greenhouse gas emissions by 2030 and contributes significantly to reducing U.S. GHG emissions. With over 30,000 miles of pipelines, Williams plays a crucial role in delivering clean natural gas and renewable energy.

Williams (NYSE: WMB) executives John Chandler and Micheal Dunn will engage with investors at the 2021 Energy Infrastructure Council Investor Conference on May 20 in Las Vegas. A fireside chat with Dunn is set for 10:15 a.m. PT (12:15 p.m. CT). Interested parties can access a live webcast and replay at https://investor.williams.com. The presentation materials will be available on the same site on the morning of May 20. Williams is a leading natural gas infrastructure company, operating over 30,000 miles of pipelines and handling about 30% of the U.S.'s daily natural gas supply.

Williams (NYSE: WMB) reported robust financial results for Q1 2021, posting a net income of $425 million, or $0.35 per diluted share, marking a significant recovery from a loss of $518 million a year prior. Adjusted EBITDA increased by 12% to $1.415 billion, driven by record gathering volumes and enhanced commodity margins. Cash flow from operations rose by 16% to $915 million. The dividend coverage ratio stands at 2.07x, and the company adjusted its 2021 financial guidance upward by $100 million for both Adjusted EBITDA and Available Funds from Operations.

Williams (NYSE: WMB) has approved a regular dividend of $0.41 per share, amounting to $1.64 annually, payable on June 28, 2021, to stockholders of record as of June 11, 2021. This marks a 2.5% increase from the $0.40 dividend paid in June 2020. Williams has consistently paid dividends every quarter since 1974. Some of the dividend may be classified as a return of capital for tax purposes, with more information available on their investor relations website.

Williams (NYSE: WMB) plans to release its first-quarter 2021 financial results on May 3, 2021, after market close. A conference call for analysts and investors will take place on May 4, 2021, at 9:30 a.m. Eastern Time. Interested participants can register via a provided link. Williams, headquartered in Tulsa, Oklahoma, operates over 30,000 miles of pipelines and handles about 30% of the daily natural gas consumption in the U.S., positioning itself as a key player in the clean energy sector.

CEO Alan Armstrong of Williams (NYSE: WMB) will engage in virtual investor meetings, including a fireside chat Q&A session, at the 49^th Annual Scotia Howard Weil Energy Conference on March 23. Although the conference sessions will not be available via webcast, presentation slides will be accessible starting on the same date at investor.williams.com. Williams is a key player in the natural gas sector, operating over 30,000 miles of pipeline and handling around 30% of U.S. natural gas for clean power generation.

Williams (NYSE: WMB) has announced a public offering of $900 million in 2.600% Senior Notes due 2031, priced at 99.631 percent of par, with settlement expected on March 2, 2021. The funds will be utilized to repay existing $500 million and $371 million Senior Notes maturing in 2021 and for general corporate purposes. The offering is managed by RBC Capital Markets and other major underwriters. Investors are advised to consult the SEC filings for detailed information about the offering and associated risks.

Williams (NYSE: WMB) CFO John Chandler will participate in virtual meetings with investors at the Raymond James & Associates’ 42nd Annual Institutional Investors Conference on March 3, starting at 2:10 p.m. ET. The session includes a fireside chat Q&A. Investors can access the live webcast and replay via this link. Williams is a leading infrastructure provider for natural gas, operating over 30,000 miles of pipelines, including Transco, which handles about 30% of the U.S. natural gas supply, supporting clean energy initiatives.

Williams (NYSE: WMB) reported its unaudited financial results for Q4 and full-year 2020, highlighting a net income of $208 million and an adjusted EPS of $1.10, an 11% increase from 2019. Cash flow from operations totaled $3.496 billion, a decrease from the previous year, while adjusted EBITDA rose to $5.105 billion, up 2%. The company achieved record gathering volumes of 13.2 Bcf/d and a favorable debt-to-adjusted EBITDA ratio of 4.35x. Looking ahead, Williams anticipates 2021 adjusted EBITDA to range from $5.05 billion to $5.35 billion and positive free cash flow.