---
schema_version: "secwatch.filing_event.v1"
accession: "0000107263-23-000020"
form_type: "8-K"
ticker: "WMB"
cik: "0000107263"
company_name: "WILLIAMS COMPANIES, INC."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:17:05.045516+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Williams Q2 GAAP EPS $0.45 (+36% YoY); Adj EBITDA $1.611B (+8%); guidance reaffirmed

## Summary
- GAAP net income $547M ($0.45/diluted share), up 36% vs. Q2 2022; adjusted net income $515M ($0.42), up 5%.
- Adjusted EBITDA $1.611B, up $115M or 8% YoY; CFFO $1.377B (+25%); AFFO $1.215B (+8%).
- Record gathering volumes of 18.03 Bcf/d; leverage ratio improved to 3.50x; repurchased $56M in shares.
- FY 2023 guidance reaffirmed: Adj EBITDA $6.4-6.8B, growth capex $1.6-1.9B; dividend raised 5.3% to $1.79 annualized.
- Regional Energy Access expansion partial in service expected ahead of schedule in Q4 2023; multiple FERC filings and projects advancing.

## SEC filing metadata
- accession: 0000107263-23-000020
- form_type: 8-K
- ticker: WMB
- cik: 0000107263
- company_name: WILLIAMS COMPANIES, INC.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/107263/000010726323000020/0000107263-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/107263/000010726323000020/wmb-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-23-000020
- JSON: https://secwatch.observer/filing/0000107263-23-000020.json
- Plain text: https://secwatch.observer/filing/0000107263-23-000020.txt

## Key facts
- Earnings Releases
  WILLIAMS COMPANIES, INC. reported financial results for three and six months ended June 30, 2023.
  - Period: three and six months ended June 30, 2023
  - Result: reported results
  source text: GAAP net income of $547 million, or $0.45 per diluted share (EPS) – up 36% vs. 2Q 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/107263/000010726323000020/0000107263-23-000020-index.htm
- Earnings Releases
  WILLIAMS COMPANIES, INC. reported financial results for three and six months ended June 30, 2023.
  - Period: three and six months ended June 30, 2023
  - Result: reported results
  source text: Adjusted net income of $515 million, or $0.42 per diluted share (Adjusted EPS) – up 5% vs. 2Q 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/107263/000010726323000020/0000107263-23-000020-index.htm
- Earnings Releases
  WILLIAMS COMPANIES, INC. reported financial results for three and six months ended June 30, 2023.
  - Period: three and six months ended June 30, 2023
  - Result: reported results
  source text: Adjusted EBITDA of $1.611 billion – up $115 million or 8% vs. 2Q 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/107263/000010726323000020/0000107263-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.