Williams Cos. (WMB) Misses Q3 EPS by 1c

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Williams Reports Third-Quarter 2015 Financial Results

October 28, 2015 4:15 PM EDT

3Q 2015 Adjusted EBITDA is $1.1 Billion, Up 21% vs. 3Q 2014 Williams Partners Fee-Based Revenues Up $204 Million or 18% on Contributions from Major New Projects, Access Midstream Growth

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced third-quarter 2015 adjusted EBITDA of $1.1 billion, compared with $908 million in third quarter 2014, an increase of $195 million, or 21 percent.

Year-to-date 2015, Williams reported $3.04 billion in adjusted EBITDA, a $539 million, or 22 percent increase from the same period last year. The increases in both the quarterly and year-to-date periods were driven primarily by Williams Partners adjusted EBITDA, which increased $193 million in the quarter and $633 million year-to-date 2015.

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