• Williams’ 2Q 2026 earnings call drew CEO Chad Zamarin, CFO John Porter, COO Larry Larsen, EVP Rob Wingo; IR director Caroline Sardella hosted.
• Phase 1 of Socrates entered service with 200 MW delivered; management kept Phase 2 on track for year-end.
• Power Innovation financing JV with Blackstone brought $5.34 billion committed capital, including $900 million consideration; capped 6.35% cost of equity.
• Momentum Midstream acquisition priced at $5.5 billion; funded with $3.5 billion cash and debt, $2 billion equity; about 8.5x consolidated EBITDA.
• 2026 adjusted EBITDA guidance lifted to $8.3 billion-$8.5 billion; leverage seen 3.9x at year-end, about 3.75x on run-rate basis.
• Long-term EBITDA growth target raised to 11%+ CAGR through 2030; management cited contracted backlog strength, conservative Northeast assumptions.
• Two expansions unveiled with Momentum: Shelby Connector up to 750 MMcf/d by 1H 2028, expandable to 1.5 Bcf/d; Delta Access 2.25 Bcf/d early 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Williams Companies Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.