Williams Posts 6% Adjusted EBITDA Growth, Reaffirms Upper-Half Guidance
WMB sits 27% above its 52-week low of $56.19.
Summary
Williams reported third-quarter 2026 GAAP net income of $699 million, or $0.56 per diluted share, up 8% and 6% respectively versus the prior year, with Adjusted EBITDA of $2.039 billion, up $119 million or 6%, on revenue of $3.22 billion. Adjusted net income rose 10% to $663 million ($0.54 per share) and AFFO climbed 10% to $1.589 billion, keeping dividend coverage at 2.42x. Management said the company is tracking toward the upper half of its 2026 Adjusted EBITDA guidance range of $8.3 billion to $8.5 billion, with year-to-date Adjusted EBITDA up 9% to $6.2 billion. The quarter also carried operational news: the Momentum Midstream acquisition closed ahead of schedule, four pipeline projects were placed in service, and new Transco and Clay Basin storage expansions were announced. Leverage sits at 3.80x debt-to-Adjusted EBITDA, up from 3.73x a year ago, with capital investments of $2.727 billion in the quarter reflecting the heavier growth build-out. The earnings call is scheduled for Tuesday, Nov. 3, at 9:30 a.m. Eastern.
At the time of this announcement, WMB was trading at $71.19 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $87.1B. The 52-week trading range was $56.19 to $80.08. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: BusinessWire.