Williams Delivers Strong Third-Quarter 2026 Results
Business Wire•02/11/2026•16:05 ET
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Key Highlights
- ➤GAAP net income $699 million, or $0.56 EPS, up 8%
- ➤Adjusted EBITDA $2.039 billion, up 6% versus 3Q 2025
- ➤AFFO $1.589 billion, up 10%; dividend coverage reached 2.42x
- ➤2026 Adjusted EBITDA guidance remains $8.3 billion to $8.5 billion
- ➤Momentum Midstream acquisition closed, strengthening Williams’ Haynesville position
Expert Statements
Chad Zamarin, President and chief executive officer of Williams
“Williams delivered another strong quarter as our teams continued to execute across a growing portfolio of critical energy infrastructure projects. Year-to-date Adjusted EBITDA increased 9% year over year to $6.2 billion, reflecting the strength of our natural gas transmission, storage and gathering businesses and keeping us on track toward the upper half of our 2026 guidance range. Our performance to date, combined with a growing slate of projects set to come online, gives us strong confidence in our ability to achieve our long-term 11% plus Adjusted EBITDA compound annual growth rate through 2030.”
Chad Zamarin, President and chief executive officer of Williams
“I am especially proud of our team's exceptional execution to bring Socrates fully online ahead of schedule. As the first of many power projects, Socrates demonstrates our ability to deliver fast, reliable and scalable solutions for customers facing rapidly growing power demand, and we are actively working to commercialize additional power projects, which we expect to announce soon. We also closed the Momentum Midstream acquisition ahead of schedule, enhancing our premier footprint in the Haynesville — America’s fastest-growing natural gas basin — which strengthens Williams' ability to serve growing LNG, power and industrial demand. Across our broader portfolio, we announced new Transco projects and expansions, advanced a storage expansion at Clay Basin, and placed four pipeline projects into service.”
Chad Zamarin, President and chief executive officer of Williams
“Together, these accomplishments underscore our ability to execute across multiple growth platforms while maintaining safe and reliable operations. With growing demand from LNG, power generation and industrial development, Williams is well positioned to deliver durable, long-term value for our customers and shareholders.”
Williams (NYSE: WMB) today announced its unaudited financial results for the three and nine months ended Sept. 30, 2026.
Financial performance demonstrates industry-leading growth position
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