Williams Cos. (WMB) Tops Q1 EPS by 9c

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Williams Reports Higher First-Quarter Results

May 3, 2023 4:15 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended March 31, 2023.

Strong results across key financial metrics demonstrate resiliency through price cycles

GAAP net income of $926 million, or $0.76 per diluted share (EPS) up 144% vs. 1Q 2022 Adjusted net income of $684 million, or $0.56 per diluted share (Adjusted EPS) up 37% vs. 1Q 2022 Adjusted EBITDA of $1.795 billion up $284 million or 19% vs. 1Q 2022 Cash flow from operations (CFFO) of $1.514 billion up $432 million or 40% vs. 1Q 2022 Available funds from operations (AFFO) of... More