Please wait while we load the requested 10-K report or click the link below:
Williams (NYSE: WMB)
One Williams Center
Tulsa, OK 74172
DATE: February 17, 2016
|MEDIA CONTACT:||INVESTOR CONTACTS:|
Williams Reports 2015 Financial Results
|||4Q Adjusted EBITDA of $1.07 Billion, Up 25% vs. 4Q 2014|
|||Full-Year 2015 Adjusted EBITDA of $4.1 Billion, Up 22% vs. 2014|
|||WPZ Fee-Based Revenues Up $1.38 Billion or 36% on Contributions from Major New Projects|
|||2015 GAAP Results Include $2.6 Billion of Non-cash Impairment Charges|
|||Williams Board Unanimously Committed to Expeditious Completion of ETE Transaction per September 28, 2015 Merger Agreement|
TULSA, Okla. Williams (NYSE: WMB) today announced fourth quarter 2015 adjusted EBITDA of $1.07 billion, a $212 million, or 25 percent increase from fourth quarter 2014. For the year, the company reported adjusted EBITDA of $4.1 billion, an increase of $751 million, or 22 percent, from full-year 2014. The increases in both periods were driven primarily by Williams Partners adjusted EBITDA, which increased $215 million in the quarter and $848 million in the year.
|Williams Summary Financial Information||4Q||Full Year|
|Amounts in millions, except per-share amounts. Per share amounts are reported on a diluted basis.
All amounts are attributable to The Williams Companies, Inc.
Adjusted EBITDA (1)
Adjusted income from continuing operations (1)
Adjusted income from continuing operations per share (1)
Cash Available for Dividends (1)
Dividend Coverage Ratio (1)
Net income (loss) (2)
Net income (loss) per share (2)
|(1)||Schedules reconciling adjusted EBITDA, adjusted income from continuing operations, cash available for dividends and dividend coverage ratio (non-GAAP measures) are available at www.williams.com and as an attachment to this news release.|
|(2)||Amounts reported for the fourth-quarter and year-to-date 2015 periods reflect pre-tax impairment charges totaling $2.1 billion and $2.6 billion, respectively, associated with certain equity-method investments, goodwill and certain other assets. Amounts for the year-to-date 2014 period reflect a pre-tax remeasurement gain of $2.5 billion related to the acquisition of Access Midstream Partners on July 1, 2014.|
The following information was filed by Williams Companies Inc (WMB) on Wednesday, February 17, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Williams Companies Inc's financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Williams Companies Inc.