Upcoming Dividend • Jun 04
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 11 June 2026. Payment date: 29 June 2026. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 2.9%. Lower than top quartile of Italian dividend payers (4.7%). Lower than average of industry peers (4.5%). Board Change • May 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. CEO, President & Director Chad Zamarin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 18
Dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 11th June 2026 Payment date: 29th June 2026 Dividend yield will be 2.1%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but not covered by cash flows (356% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • May 02
Dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 11th June 2026 Payment date: 29th June 2026 Dividend yield will be 2.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (286% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 3.8% to bring the payout ratio under control. EPS is expected to grow by 49% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Apr 29
The Williams Companies, Inc. Announces Quarterly Cash Dividend, Payable on June 29, 2026 The Williams Companies, Inc. has approved a regular dividend of $0.525 per share, or $2.10 annualized, on the company’s common stock, payable on June 29, 2026, to holders of record at the close of business on June 12, 2026. This is a 5% increase from Williams’ 2025 quarterly dividend of $0.50 per share. Announcement • Apr 15
The Williams Companies, Inc. to Report Q1, 2026 Results on May 04, 2026 The Williams Companies, Inc. announced that they will report Q1, 2026 results After-Market on May 04, 2026 Board Change • Mar 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. CEO, President & Director Chad Zamarin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 19
The Williams Companies, Inc., Annual General Meeting, Apr 28, 2026 The Williams Companies, Inc., Annual General Meeting, Apr 28, 2026. Location: meetnow.global/mhfnmg4, United States Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: US$2.14 (vs US$1.82 in FY 2024) Full year 2025 results: EPS: US$2.14 (up from US$1.82 in FY 2024). Revenue: US$11.8b (up 10.0% from FY 2024). Net income: US$2.62b (up 18% from FY 2024). Profit margin: 22% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Oil and Gas industry in Europe. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. CEO, President & Director Chad Zamarin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 12
Full year 2025 earnings released: EPS: US$2.14 (vs US$1.82 in FY 2024) Full year 2025 results: EPS: US$2.14 (up from US$1.82 in FY 2024). Revenue: US$11.8b (up 10.0% from FY 2024). Net income: US$2.62b (up 18% from FY 2024). Profit margin: 22% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Oil and Gas industry in Europe. Declared Dividend • Feb 01
Dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 12th March 2026 Payment date: 30th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it covered by cash flows (142% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 51% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Jan 27
The Williams Companies, Inc. Increases Regular Cash Dividend on Common Stock, Payable on March 30, 2026 The Williams Companies, Inc. board of directors has approved a regular dividend of $0.525 per share, or $2.10 annualized, on the company’s common stock, payable on March 30, 2026, to holders of record at the close of business on March 13, 2026. This is a 5% increase from Williams’ fourth-quarter 2025 quarterly dividend of $0.50 per share, paid in December 2025. Announcement • Jan 23
The Williams Companies, Inc. to Report Q4, 2025 Results on Feb 10, 2026 The Williams Companies, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 10, 2026 Announcement • Nov 08
Williams Secures Key Permits for Northeast Supply Enhancement Project Williams announced a significant regulatory milestone for its Northeast Supply Enhancement (NESE) project, securing the Clean Water Act Section 401 and 404 permits from the New Jersey Department of Environmental Protection (NJDEP) as well as the Section 401 Water Quality Certification and related permits from the New York State Department of Environmental Conservation (NYSDEC). The NESE project is designed to improve energy affordability and reliability in New York City by expanding access to critical natural gas infrastructure and displacing high-emitting and costly fuel oil, which is delivered into New York City by diesel trucks. NESE will enhance energy security, lower costs, and reduce emissions, and the project is expected to generate over $1 billion in investment, create thousands of construction-related jobs, and deliver long-term benefits to New York residents and commercial energy users. In parallel, Williams continues to advance the Constitution Pipeline project, a pipeline in upstate New York that will serve markets in New York, Massachusetts, Connecticut, Rhode Island, Vermont and Maine. The company has withdrawn its current water permit application with NYSDEC and is preparing to follow up with additional filings to ensure that this critical infrastructure project obtains the regulatory approvals needed for construction and operation. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: US$0.53 (vs US$0.58 in 3Q 2024) Third quarter 2025 results: EPS: US$0.53 (down from US$0.58 in 3Q 2024). Revenue: US$2.92b (up 10% from 3Q 2024). Net income: US$646.0m (down 8.4% from 3Q 2024). Profit margin: 22% (down from 27% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in Europe. Declared Dividend • Nov 03
Dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 11th December 2025 Payment date: 29th December 2025 Dividend yield will be 2.8%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (136% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. The company's earnings per share (EPS) would need to grow by 9.0% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Oct 28
Williams Announces Quarterly Cash Dividend, Payable on December 29, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on December 29, 2025, to holders of record at the close of business on December 12, 2025. This is a 5.3% increase from Williams’ 2024 quarterly dividend of $0.4750 per share. Announcement • Oct 23
JERA Americas Inc. reached an agreement to acquire unknown minority stake in South Mansfield upstream asset in Louisiana from The Williams Companies, Inc. (NYSE:WMB) for approximately $400 million. JERA Americas Inc. reached an agreement to acquire unknown minority stake in South Mansfield upstream asset in Louisiana from The Williams Companies, Inc. (NYSE:WMB) for approximately $400 million on October 22, 2025. In related transaction JERA Americas Inc. agreed to acquire South Mansfield E&P, LLC from The Williams Companies, Inc and majority stake in South Mansfield upstream asset in Louisiana. The consideration consist of $398 million plus deferred monthly payments through 2029 that are based on a predefined development plan. JERA acquiring its interest in the Haynesville asset, which currently produces more than 500 MMscfd and includes 200 undeveloped locations, through an upfront investment of $1.5 billion. The transaction includes a future investment plan under which JERA will increase total production to 1 Bscfd. The Haynesville Acquisition’s strategic value is supported by robust current production and proven reserves, established gathering, treating and transport infrastructure, and proximity to Gulf Coast LNG and data center hubs. The sale of South Mansfield upstream is subject to customary closing conditions, including approval from the Committee for Foreign Investments in the United States. Closing is expected to occur by the end of 2025. Announcement • Oct 15
The Williams Companies, Inc. to Report Q3, 2025 Results on Nov 03, 2025 The Williams Companies, Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Announcement • Jul 29
The Williams Companies, Inc. Approves Regular Dividend on Common Stock, Payable on September 29, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on September 29, 2025, to holders of record at the close of business on September 12, 2025. Announcement • Jul 16
The Williams Companies, Inc. to Report Q2, 2025 Results on Aug 04, 2025 The Williams Companies, Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Aug 04, 2025 Buy Or Sell Opportunity • Jun 26
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at €53.17. The fair value is estimated to be €43.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Board Change • Jun 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Carri Lockhart was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Williams Announces Quarterly Cash Dividend, Payable on June 30, 2025 Williams’ board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on June 30, 2025, to holders of record at the close of business on June 13, 2025. This is a 5.3% increase from Williams’ 2024 quarterly dividend of $0.4750 per share. 
