Earnings Releases·Nov 2, 2026, 4:06 PM ET

Williams — Third Quarter 2026 Earnings Summary

GAAP net income rose 8% year-over-year to $699 million ($0.56/share), while Adjusted EBITDA increased 6% to $2.039 billion; year-to-date Adjusted EBITDA reached $6.214 billion, up 9%.
Full-year 2026 Adjusted EBITDA guidance remains $8.3 billion to $8.5 billion, with the company on track to achieve the upper half of this range, and long-term growth targets of 11% CAGR through 2030 maintained.
Closed the $2.816 billion Momentum Midstream acquisition ahead of schedule and announced significant capacity expansions, including a 9.4 Bcf Clay Basin storage expansion and Transco's Southeast Supply Enhancement II.
Capital investments excluding acquisitions totaled $2.727 billion for the quarter and $6.011 billion year-to-date, while debt-to-Adjusted EBITDA leverage stood at 3.80x at quarter end.