Exhibit 99.1


News Release     

Williams (NYSE: WMB)        

One Williams Center        

Tulsa, OK 74172        






DATE: Aug. 2, 2017


Keith Isbell    Brett Krieg   
(918) 573-7308    (918) 573-4614   

Williams Reports Second-Quarter 2017 Financial Results



2Q 2017 Net Income of $81 Million



2Q 2017 Adjusted EBITDA of $1.113 Billion, Up $48 Million



Williams Partners Has Placed 3 Transco Expansions (Dalton Expansion, Hillabee Phase 1 and Gulf Trace) Into Service So Far in 2017



On July 6, 2017, Williams Partners Completed Sale of Its Interests in Geismar Plant for $2.1 Billion in Cash; Entered into Long-Term Supply and Transportation Agreements with Plant Buyer



Geismar Sale Proceeds Used by Williams Partners to Pay Off $850 Million Term Loan and Prefund a Portion of Growth Capex

TULSA, Okla. – Williams (NYSE: WMB) today announced its financial results for the three and six months ended June 30, 2017.


Williams Summary Financial Information    2Q      YTD  
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.
   2017      2016      2017      2016  

GAAP Measures


Cash Flow from Operations

   $ 662      $ 686      $ 1,268      $ 1,469  

Net income (loss)

   $ 81      ($ 405    $ 454      ($ 470

Net income (loss) per share

   $ 0.10      ($ 0.54    $ 0.55      ($ 0.63

Non-GAAP Measures (1)


Adjusted income from continuing operations

   $ 108      $ 146      $ 227      $ 172  

Adjusted income from continuing operations per share

   $ 0.13      $ 0.19      $ 0.27      $ 0.23  

Adjusted EBITDA

   $ 1,113      $ 1,065      $ 2,258      $ 2,121  

Cash Flow available for Dividends and other uses

   $ 360      $ 433      $ 740      $ 862  

Dividend Coverage Ratio

     1.45x        0.90x        1.49x        0.90x  


(1) Schedules reconciling adjusted income from continuing operations, adjusted EBITDA, 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.

Second-Quarter 2017 Financial Results

Williams reported unaudited second-quarter 2017 net income attributable to Williams of $81 million, an improvement of

The following information was filed by Williams Companies Inc (WMB) on Wednesday, August 2, 2017 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Williams Companies Inc's financial trajectory

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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Williams Companies Inc.


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