earnings
confidence high
sentiment positive
materiality 0.80
Williams Q1 Adj. EBITDA up 8% to $1.934B; guides to top half of 2024 range
WILLIAMS COMPANIES, INC.
2024-Q1 EPS reported
$0.52
revenue$2,771,000,000
- GAAP net income $631M ($0.52 EPS); adjusted net income $719M ($0.59 EPS), up 5% YoY.
- Adjusted EBITDA $1.934B (+8% YoY); AFFO $1.507B (+4%); dividend coverage 2.60x.
- Record contracted transmission capacity 33.9 Bcf/d (+4.3%); closed Gulf Coast storage acquisition (115 Bcf).
- Expects 2024 Adj. EBITDA in top half of $6.8-7.1B range; reaffirms capex and 2025 outlook.
- Dividend raised 6.1% to $1.90 annualized from $1.79.