secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000107263-24-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams Q1 Adj. EBITDA up 8% to $1.934B; guides to top half of 2024 range
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000062/0000107263-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000062/wmb-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000107263-24-000062

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