{"schema_version":"secwatch.filing_event.v1","accession":"0000107263-26-000024","form_type":"8-K","ticker":"WMB","cik":"0000107263","company_name":"WILLIAMS COMPANIES, INC.","filed_at":"2026-08-03T20:18:41+00:00","discovered_at":"2026-08-03T20:20:00.345206+00:00","generated_at":"2026-08-03T20:20:16.156324+00:00","sec_items":["2.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Williams Q2 net income up 51% to $827M; acquires Momentum Midstream for up to $5.5B","bullets":["GAAP net income $827M ($0.68 EPS), up 51% YoY; adjusted EBITDA $1.921B, up 6% YoY.","Acquiring Momentum Midstream for up to $5.5B ($3.5B cash/debt + $2B equity), valued at ~8.5x projected 2027 EBITDA.","Raising 2026 adjusted EBITDA guidance midpoint by $200M to $8.4B, reflecting the acquisition.","Two expansion projects: Delta Access ($1.5B, 2.25 Bcf/d, in-service 1Q 2029) and Shelby Trough Connector (750 MMcf/d, in-service 2Q 2028).","Dividend coverage ratio 2.26x; AFFO $1.45B, up 10% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000107263-26-000024","json":"https://secwatch.observer/filing/0000107263-26-000024.json","markdown":"https://secwatch.observer/filing/0000107263-26-000024.md","text":"https://secwatch.observer/filing/0000107263-26-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/107263/000010726326000024/0000107263-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/107263/000010726326000024/wmb-20260803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-03T20:20:16.156324+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}