secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000107263-24-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams Q2 adj. EPS $0.43, adj. EBITDA $1.667B record; dividend +6.1% to $1.90
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000075/0000107263-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000075/wmb-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000107263-24-000075

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