earnings
confidence high
sentiment positive
materiality 0.80
Williams reports record 2023: net income $3.27B, Adj. EBITDA $6.78B; raises dividend 6.1%
WILLIAMS COMPANIES, INC.
2023-FY EPS reported
$2.60
revenue$10,907,000,000
- GAAP net income $3.273B ($2.68 EPS) +60% YoY; Adj. net income $2.334B ($1.91 EPS) +5%.
- Record gathering volumes 18 Bcf/d, contracted transmission capacity 32.3 Bcf/d.
- 2024 Adj. EBITDA guidance $6.8-7.1B; 2025 guidance $7.2-7.6B; 5-yr CAGR ~8%.
- Dividend raised 6.1% to $1.90 annualized; 50 consecutive years of payments.
- Completed acquisitions: MountainWest, DJ Basin storage, 115-Bcf storage portfolio.