Raymond James Downgrades Williams Companies (WMB) to Market Perform

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Williams Reports First Quarter 2016 Financial Results

May 4, 2016 4:15 PM EDT

1Q 2016 Adjusted EBITDA is $1.056 Billion, up 15% WPZ Fee-Based Revenues up 5%; Represent 93% of Total Gross Margins 1Q Startup of Williams Second Offgas Processing Plant Advances Unique Position in Canada Williams Board Unanimously Committed to Enforcing Its Rights Under the Merger Agreement Entered into with ETE on Sept. 28, 2015 and to Delivering Benefits of Merger Agreement to WMB Stockholders

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced first quarter 2016 adjusted EBITDA of $1.056 billion, a $138 million, or 15 percent, increase from first... More