Quarterly ResultMay 4, 2026, 04:28 PM
Williams Q1 Net Income $865M, EPS $0.71
AI Summary
Williams Companies, Inc. reported strong financial results for the first quarter of 2026, with net income attributable to the company increasing to $865 million, up from $691 million in the prior year. Basic earnings per common share also saw a significant rise to $0.71. The company's operating income and net cash provided by operating activities both improved, despite a slight decrease in total revenues. Williams also increased its common stock dividend and recorded a substantial gain from asset divestitures during the quarter.
Key Highlights
- Net income attributable to Williams was $865 million in Q1 2026, up from $691 million in Q1 2025.
- Basic earnings per common share increased to $0.71 in Q1 2026 from $0.57 in Q1 2025.
- Operating income rose to $1,321 million in Q1 2026, compared to $1,094 million in Q1 2025.
- Total revenues were $3,030 million in Q1 2026, a slight decrease from $3,048 million in Q1 2025.
- Net cash provided by operating activities increased to $1,603 million in Q1 2026 from $1,433 million in Q1 2025.
- Common dividends paid totaled $642 million ($0.525 per share) in Q1 2026, up from $610 million ($0.500 per share) in Q1 2025.
- The company recognized a $182 million gain on the sale of certain assets in Q1 2026.
- Transco's net income was $384 million in Q1 2026, up from $321 million in Q1 2025.
Price Impact
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