Interested in Williams Companies, Inc. (The)? Here are five stocks we like better.
Strong Q2 performance: Williams' second-quarter EBITDA rose 6% year over year to $1.92 billion, prompting the company to raise full-year adjusted EBITDA guidance to $8.3 billion–$8.5 billion.
Power growth accelerates: Phase 1 of the Socrates Power Innovation project entered service, delivering 200 megawatts, while a Blackstone joint venture provides $5.34 billion in committed capital to expand behind-the-meter power projects for data centers and other customers.
Haynesville expansion: The $5.5 billion Momentum Midstream acquisition adds major gathering and pipeline capacity, while the Shelby Connector and Delta Access projects support future growth. Williams also raised its long-term EBITDA growth target to more than 11% annually through 2030.
Oil Could Dip, But These 3 Energy Stocks Still Look Built to Win
#billion #williams #projects
Strong Q2 performance: Williams' second-quarter EBITDA rose 6% year over year to $1.92 billion, prompting the company to raise full-year adjusted EBITDA guidance to $8.3 billion–$8.5 billion.
Power growth accelerates: Phase 1 of the Socrates Power Innovation project entered service, delivering 200 megawatts, while a Blackstone joint venture provides $5.34 billion in committed capital to expand behind-the-meter power projects for data centers and other customers.
Haynesville expansion: The $5.5 billion Momentum Midstream acquisition adds major gathering and pipeline capacity, while the Shelby Connector and Delta Access projects support future growth. Williams also raised its long-term EBITDA growth target to more than 11% annually through 2030.
Oil Could Dip, But These 3 Energy Stocks Still Look Built to Win
#billion #williams #projects
3 months ago