secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0000107263-22-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams Q1 adjusted EPS $0.41 (+17% YoY); raises 2022 EBITDA guidance to $6.05B midpoint
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000010726322000012/0000107263-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000010726322000012/wmb-20220502.htm
  HTML page:      https://secwatch.observer/filing/0000107263-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer