Williams Q3 2021 Earnings Report
Key Takeaways
Williams announced strong Q3 2021 financial results with a net income of $164 million and adjusted EPS of $0.34, up 26% from Q3 2020. The company achieved record quarterly gathering volumes and contracted transmission capacity, leading to an increase in full-year 2021 Adjusted EBITDA guidance.
Net income of $164 million, or $0.13 per diluted share (EPS)
Adjusted EPS of $0.34 per diluted share – up 26% from 3Q 2020
Adjusted EBITDA of $1.420 billion – up $153 million or 12% from 3Q 2020
Dividend coverage ratio of 2.17x (AFFO basis) for 3Q 2021
Williams
Williams
Williams Revenue by Segment
Forward Guidance
The company now expects 2021 Adjusted EBITDA between $5.5 billion and $5.55 billion and Available Funds from Operations guidance to a range of $4.025 billion to $4.075 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income