Williams Cos. (WMB) Misses Q2 EPS by 1c
Williams Cos. (NYSE: WMB) reported Q2 EPS of $0.23, $0.01 worse than the analyst estimate of $0.24.
The partnership’s current guidance for DCF, earnings and capital expenditures are displayed in the following table:
| Williams Partners Guidance (1) | 2014 | 2015 | 2016 | |||||||||||||||||||||||||||
| Amounts are in millions except coverage ratio. | Low | Mid | High | Low | Mid | High | Low | Mid | High | |||||||||||||||||||||
| DCF attributable to partnership ops. (2) | $ | 1,800 | $ | 1,950 | $ | 2,100 | $ | 2,605 | $ | 2,785 | $ | 2,965 | $ | 2,800 | $ | 3,085 | $ | 3,370 | ||||||||||||
| Total Cash Distribution (3) | $ | 2,340 | $ | 2,370 | $ | 2,400 | $ | 2,632 | $ | 2,714 | $ | 2,796 | $ | 2,868 | $ | 2,950 | $ | 3,032 | ||||||||||||
| Cash Distribution Coverage Ratio (2) | .77x | .82x | .88x | .99x | 1.03x | 1.06x | .98x | 1.05x | 1.11x | |||||||||||||||||||||
| Adjusted Segment Profit (2): | $ | 1,860 | $ | 2,010 | $ | 2,160 | $ | 2,610 | $ | 2,830 | $ | 3,050 | $ | 2,925 | $ | 3,225 | $ | 3,525 | ||||||||||||
| Adjusted Segment Profit + DD&A (2): | $ | 2,745 | $ | 2,920 | $ | 3,095 | $ | 3,620 | $ | 3,865 | $ | 4,110 | $ | 4,030 | $ | 4,355 | $ | 4,680 | ||||||||||||
| Capital Expenditures: | ||||||||||||||||||||||||||||||
| Maintenance | $ | 305 | $ | 340 | $ | 375 | $ | 295 | $ | 325 | $ | 355 | $ | 300 | $ | 330 | $ | 360 | ||||||||||||
| Growth | 3,140 | 3,390 | 3,640 | 1,900 | 2,125 | 2,350 | 1,750 | 1,950 | 2,150 | |||||||||||||||||||||
| Total Capital Expenditures | $ | 3,445 | $ | 3,730 | $ | 4,015 | $ | 2,195 | $ | 2,450 | $ | 2,705 | $ | 2,050 | $ | 2,280 | $ | 2,510 | ||||||||||||
For earnings history and earnings-related data on Williams Cos. (WMB) click here.