earnings
confidence high
sentiment positive
materiality 0.85
Williams Q2 adj. EPS $0.43, adj. EBITDA $1.667B record; dividend +6.1% to $1.90
WILLIAMS COMPANIES, INC.
2024-Q2 EPS reported
$0.84
revenue$5,107,000,000
- GAAP net income $401M ($0.33 EPS); adjusted net income $521M ($0.43 EPS).
- Record 2Q adjusted EBITDA $1.667B (+3% YoY); AFFO $1.250B (+3% YoY).
- Sold Aux Sable JV stake for $160M; bought Phillips 66's 40% of Discovery pipeline for $170M.
- On track for top half of 2024 guidance ($6.8B-$7.1B adj. EBITDA); 2025 guidance $7.2B-$7.6B.
- Dividend raised 6.1% to $1.90 annualized; coverage ratio 2.16x.