Form 10-Q · Quarterly report

Williams Companies 10-Q, filed Aug 3, 2026

Filed
CIK
0000107263
Accession no.
0000107263-26-000026
AI-generated summary

Summary

Williams Companies reported that net income attributable to the company rose $455 million for the six months ended June 30, 2026 compared with the same period a year earlier. In July 2026 the company agreed to acquire Momentum Midstream for total consideration of up to $5.5 billion and sold a 49 percent noncontrolling interest in five power innovation projects for $5.34 billion of committed capital.

Key points

  • Williams agreed in July 2026 to acquire Momentum Midstream for total consideration of up to $5.5 billion, including about $2 billion in Williams common stock; Momentum's Haynesville Shale assets include 6 Bcf/d of gathering capacity and 4 Bcf/d of pipeline capacity, and the deal is expected to close later in 2026 subject to customary conditions and regulatory approvals.
  • Williams sold a 49 percent noncontrolling interest in five power innovation projects — Socrates, Apollo, Aquila, Socrates the Younger and Neo — for $5.34 billion of committed capital, with an initial contribution of about $3.75 billion in July 2026 and the balance expected through early 2027.
  • The FERC-approved settlement of Transco's general rate case took effect March 1, 2026, and related rate refunds were paid in April 2026.
  • Williams expects 2026 growth capital and investment expenditures of $7.3 billion to $7.9 billion, excluding acquisitions.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2. Management’s Discussion Results of Operations 57 Williams 57 Transco 68 NWP 70 Management’s Discussion and Analysis of Financial Condition and Liquidity 71 General Williams is an energy company committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Its operations are located in the United States. Williams’ interstate natural gas pipeline strategy is to create value by maximizing the utilization of its pipeline capacity by providing high-quality, low-cost transportation of natural gas to large and growing markets. …

An excerpt of the text as filed with the SEC, cut for length.

Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.

Follow Williams Companies in Readster

Add Williams Companies to your watchlist and its SEC filings reach your brief alongside the news about it, every line cited to its source. Readster also follows topics, people, newsletters and podcasts.

No credit card. When the trial ends, you move to Readster Free unless you subscribe.