---
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"
generated_at: "2026-08-03T20:20:16.156324+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Williams Q2 net income up 51% to $827M; acquires Momentum Midstream for up to $5.5B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000107263-26-000024
- JSON: https://secwatch.observer/filing/0000107263-26-000024.json
- Plain text: https://secwatch.observer/filing/0000107263-26-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.