Williams Companies: Mixed Results... - Fortuneo
Article excerpt
Highlighted: the sentence this signal was extracted from
Williams Companies, the Tulsa-based pipeline operator, announced yesterday evening for its second quarter a revenue of 3.05 billion dollars, slightly below forecasts. The company also announced the acquisition of Momentum Midstream for 5.5 billion dollars from EnCap Flatrock, a transaction expected to strengthen its operational presence. For the second quarter of 2026, Williams recorded an adjusted Ebitda of 1.92 billion dollars, up 6%, as well as a GAAP net income of 827 million and an adjusted net income of 614 million dollars (+8%) or 50 cents per share. The acquisition of Momentum Midstream includes 3.5 billion dollars in cash and debt, as well as 2 billion dollars in shares.