Williams Companies Inc

WMB: XNYS (USA)

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Williams Companies Earnings: New Power Deals Boost Spending, Outlook

Adam Baker

May 5, 2026

News of two new Williams power deals was greeted positively, with shares trading up 2% at the time of writing. The deals boost power spending to 9.6 billion for 2025-28 and maintain the guided 5 times EBITDA build multiple. Leverage targets will be exceeded temporarily as the backlog takes priority.

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Williams Companies Inc

Williams Companies Earnings: New Power Deals Boost Spending, Outlook

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