earnings
confidence high
sentiment positive
materiality 0.75
Williams Q1 adjusted EPS $0.41 (+17% YoY); raises 2022 EBITDA guidance to $6.05B midpoint
WILLIAMS COMPANIES, INC.
2022-Q1 EPS reported
$0.31
revenue$2,524,000,000
- GAAP net income $379M ($0.31 diluted EPS); adjusted net income $499M ($0.41 diluted EPS) up 17% YoY.
- Adjusted EBITDA $1.511B (+7% YoY); cash from operations $1.082B (+18%); AFFO $1.190B (+16%).
- Raised 2022 Adjusted EBITDA guidance midpoint to $6.05B from $5.80B; growth capex guidance raised to $2.25-2.35B.
- Secured Transco expansion (Texas to Louisiana Energy Pathway, 364 MMcf/d) and closed Trace Midstream Haynesville acquisition.
- Dividend guidance increased 3.7% to $1.70/share annualized; dividend coverage ratio 2.30x.