earnings
confidence high
sentiment positive
materiality 0.80
Williams Q2 2022: Adj EPS $0.40 (+48% YoY), hikes 2022 EBITDA guidance to $6.25B
WILLIAMS COMPANIES, INC.
2022-Q2 EPS reported
$0.64
revenue$5,014,000,000
- GAAP net income $400M ($0.33 EPS); adjusted net income $484M ($0.40 EPS) up 48% vs Q2 2021.
- Adjusted EBITDA $1.496B (+14% YoY); AFFO $1.130B (+23%); dividend coverage 2.19x.
- Raises 2022 Adjusted EBITDA guidance to $6.1–6.4B midpoint $6.25B (from original $5.8B).
- Closed Trace Midstream Haynesville gathering acquisition; reached FID on Louisiana Energy Gateway (1.8 Bcf/d).
- Gathering volumes 17 Bcf/d (+13% YoY); transmission volumes 16.9 Bcf/d (+2% YoY).