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Williams Q4 adjusted EPS misses analyst expectations

ReutersFeb 10, 2026 1:08 PM


Overview

  • Natural gas infrastructure provider's Q4 adjusted EPS missed analyst expectations

  • Adjusted net income for Q4 missed analyst estimates

  • Company completed 12 projects in 2025, including pipeline and Deepwater initiatives


Outlook

  • Williams expects 2026 Adjusted EBITDA between $8.05 bln and $8.35 bln

  • Company anticipates 2026 growth capex between $6.1 bln and $6.7 bln

  • Williams increases annualized dividend by 5% to $2.10 for 2026


Result Drivers

  • PROJECT EXECUTION - Completed 12 projects in 2025, including pipeline transmission and Deepwater projects, driving growth

  • STRATEGIC PARTNERSHIPS - Executed Haynesville E&P sale and strategic partnership with Woodside Energy, enhancing operational capabilities

  • ACQUISITIONS - Closed on acquisitions of Rimrock and Saber Midstream, expanding company's operational footprint


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Adjusted EPS

Miss

$0.55

$0.57 (16 Analysts)

Q4 EPS

$0.60

Q4 Adjusted Net Income

Miss

$672 mln

$698.44 mln (9 Analysts)

Q4 Net Income

$733 mln

Q4 Cash Flow from Ops

$1.58 bln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the oil & gas transportation services peer group is "buy"

  • Wall Street's median 12-month price target for Williams Companies Inc is $70.00, about 3.2% above its February 9 closing price of $67.85

  • The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nBw1GKc3da

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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