Bullish indicating open at $55-$60, IPO prices at $37
Investing.com -- Williams Companies (NYSE:WMB) reported first quarter earnings and revenue that exceeded analyst expectations, while also raising its full-year 2025 guidance. The natural gas infrastructure company’s shares were unchanged in after-hours trading following the results.
Williams posted adjusted earnings per share of $0.60 for Q1 2025, topping the analyst consensus estimate of $0.58. Revenue came in at $3.05 billion, surpassing expectations of $2.83 billion. The company said its base business drove higher earnings, with recently commissioned Transco projects contributing additional fee-based revenues.
Compared to Q1 2024, adjusted EBITDA increased 3% to $1.989 billion. Cash flow from operations rose 16% YoY to $1.433 billion.
"Our business is firing on all cylinders and our track record of generating predictable, growing earnings in a variety of economic cycles underscores the value of Williams as a stable, long-term investment with a strong dividend," said CEO Alan Armstrong.
Williams raised its 2025 adjusted EBITDA guidance midpoint by $50 million to $7.7 billion, with a new range of $7.5 billion to $7.9 billion. The company cited recent investments and continued outperformance of its base business for the improved outlook.
The natural gas infrastructure firm also announced new growth projects, including the $1.6 billion Socrates Power Innovation project in Ohio and Transco’s Power Express expansion to serve Virginia’s power market.
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