•
Dec 31, 2019

Williams Q4 2019 Earnings Report

Williams' Q4 2019 earnings were announced, showcasing significant year-over-year growth and exceeding guidance midpoints.

Key Takeaways

Williams reported strong Q4 2019 results, with net income from continuing operations attributable to Williams available to common stockholders of $138 million, up $710 million over 4Q '18. Adjusted EBITDA was $1.284 billion, up $87 million or 7% over 4Q '18. The company set records for both gathered volumes and firm reserved transportation capacity.

Net income from continuing operations attributable to Williams available to common stockholders of $138 million – up $710 million over 4Q '18

Adjusted income per share of $0.24 – up 26% over 4Q '18

Adjusted EBITDA of $1.284 billion – up $87 million or 7% over 4Q '18

Dividend coverage ratio is 1.80x

Total Revenue
$2.11B
Previous year: $2.2B
-4.4%
EPS
$0.24
Previous year: $0.19
+26.3%
Dividend coverage ratio
1.8
Adjusted EBITDA
$1.28B
Cash flow from operations
$991M
Gross Profit
$1.13B
Previous year: $1.06B
+6.8%
Cash and Equivalents
$289M
Previous year: $168M
+72.0%
Free Cash Flow
$587M
Previous year: $365M
+60.8%
Total Assets
$46B
Previous year: $45.3B
+1.6%

Williams

Williams

Williams Revenue by Segment

Forward Guidance

Williams provided 2020 guidance with a distributable cash flow per share between $2.50 and $2.83 and a dividend per share of $1.60.

Revenue & Expenses

Visualization of income flow from segment revenue to net income