Company
The Williams Companies, Inc.
Headquarters: Tulsa, OK, United States
Founded: 1908
Employees: 4,783
CEO: Mr. Alan S. Armstrong
Market Cap
$44.17 Billion
USD as of Jan. 1, 2024
The Williams Companies, Inc. Categories
United States Energy Oil & Gas MidstreamUnited States Energy United States Oil & Gas Midstream
Company Description
The Williams Companies, Inc., is a company primarily involved in natural gas processing and transportation tracing its origins to 1908. It operates interstate natural gas and gas liquids pipelines between supply basins and consuming areas in the central and northwestern states, and the Gulf of Mexico and northeastern states, together with offshore platforms, gas plants, fractionators, and storage facilities.
Top Competitors by Market Capitalization
Industry: Oil & Gas Midstream
| Company | Market Cap (USD) |
|---|---|
| Enbridge Inc. | $78.29 B |
| Enterprise Products Partners L.P. | $58.64 B |
| Energy Transfer LP | $47.14 B |
| ONEOK, Inc. | $41.79 B |
| TC Energy Corporation | $41.55 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed Description
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
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Stocks & Indices
The Williams Companies, Inc. has the following listings and related stock indices.
Stock: NYSE: WMB wb_incandescent
Stock: FSX: WMB wb_incandescent
Stock: XETR: WMB wb_incandescent
Product & Services
Oil & Natural gas
Key People
Founder(s): David Williams Miller Williams
Alan S. Armstrong (CEO)
Financials
Revenue: US$7.360 billion (2015)
Operating income: $226 million (2015)
Net income: $571 million (2015)
Total assets: $49.020 billion (2015)
Total equity: $6.148 billion (2015)