Williams, Williams Partners report 2016 financial results

Staff Reports

Williams and Williams Partners recently announced fourth-quarter and full-year 2016 financial results.

Among the highlights:

  • For fourth-quarter 2016, Williams and Williams Partners both reported increases in Cash Flow from Operations vs. fourth-quarter 2015
  • For full-year 2016, Williams reported an 8% increase in Adjusted EBITDA over full-year 2015.
  • For full-year 2016, Williams Partners reported an 8.3% increase in Adjusted EBITDA over full-year 2015.
  • Williams Partners increased Fee-Based Revenues and Lowered Expenses for Full-Year 2016 as additional assets were placed into service.

Alan Armstrong, Williams’ president and chief executive officer, made the following comment:

“We realized strong cash flows from operations in 2016. The fact that Williams delivered 8 percent year-over-year growth in Adjusted EBITDA demonstrates the strength of our proven natural gas-focused strategy. Our well-positioned natural gas infrastructure assets enabled us to once again organically grow fee-based revenues while our disciplined approach drove lower expenses even as we brought new assets online.”

Our complete financial results are available via the Investors link on our website at