Williams Cos. (WMB) Reports In-Line Q1 EPS, Revenues Miss

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Go back to Williams Cos. (WMB) Reports In-Line Q1 EPS, Revenues Miss

Williams Reports First-Quarter 2020 Financial Results

May 4, 2020 4:30 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended Mar. 31, 2020.

Strong Fee-Revenue Drives 1Q 2020 Results

Net loss of $518 million, resulting in net loss of $0.43 per diluted share (EPS), which includes net non-cash impairment impact of $824 million, or $0.68 per diluted share, with improved business performance being offset by non-cash impairments EPS of $0.26 per diluted share, excluding primarily non-cash impairment charges 10% increase in DCF to $861 million 4% increase in Adjusted EBITDA to $1.26 billion 2% increase in cash... More