Form 10-Q · Quarterly report
Williams Companies 10-Q, filed Nov 2, 2026
- Filed
- CIK
- 0000107263
- Accession no.
- 0000107263-26-000036
Summary
Williams Companies reported that net income attributable to the company for the nine months ended September 30, 2026 rose $508 million compared with the same period in 2025, and that it closed its acquisition of Momentum on September 3, 2026 for total consideration of approximately $5.1 billion. In July 2026 the company sold a noncontrolling interest in five power projects to an investor for $5.34 billion of committed capital, and it completed several Permian, Mid-Continent, and Haynesville asset sales during 2026.
Key points
- Williams closed the Momentum acquisition on September 3, 2026 for approximately $5.1 billion, adding 6 Bcf/d of gathering capacity and 4 Bcf/d of pipeline capacity in the Haynesville Shale region.
- Williams sold a noncontrolling interest in the Socrates, Apollo, Aquila, Socrates the Younger, and Neo power projects, receiving an initial $3.74 billion contribution in July 2026 and $1 billion in October 2026, with remaining committed capital expected through the first quarter of 2027.
- Williams completed sales of Permian gathering assets for $139 million, recognizing an $83 million gain, and of its Brazos Permian II equity-method investment for $143 million, recognizing a $127 million gain.
- Transco placed the Gillis West, Ryckman Creek Lateral, Huntingdon Connector, and Naughton projects into service, and Socrates South began service in late July 2026, while Socrates North remains under construction and is expected to be placed into service in the fourth quarter of 2026.
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 61 Williams 61 Transco 73 NWP 75 Management’s Discussion and Analysis of Financial Condition and Liquidity 76 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.
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