secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000107263-24-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams reports record Q3 Adjusted EBITDA $1.703B, raises FY2024 guidance midpoint
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- GAAP net income $705M ($0.58 EPS), up 8% YoY; adjusted net income $528M ($0.43 EPS).
- Record Q3 Adjusted EBITDA $1.703B (+3% YoY); AFFO $1.286B (+5% YoY); dividend coverage 2.22x.
- Raised FY2024 Adjusted EBITDA guidance midpoint by $125M to $7.075B; FY2025 outlook unchanged at $7.2-7.6B.
- Annualized dividend increased 6.1% to $1.90 vs $1.79 in 2023; leverage ratio expected 3.80x for 2024.
- Placed Transco Regional Energy Access into full service; advanced multiple growth projects across footprint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000094/0000107263-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000010726324000094/wmb-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000107263-24-000094

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