Williams reported higher results across key financial metrics in the second quarter of 2021, continuing a positive trend attributable to the company’s natural gas focused strategy and unmatched positions in some of the best supply basins.
As part of the quarterly update to investors, Williams President & CEO Alan Armstrong described the balance between providing reliable infrastructure to serve society’s growing demand for energy and generating sustainable earnings while being good stewards of the environment.
“Our strategy of connecting the best supplies of affordable, reliable and clean natural gas with growing customer demand continues to produce sustainable growth for our shareholders,” Armstrong said. “As detailed in our latest sustainability report, we continue to capture near-term emissions reduction opportunities while driving a variety of other ESG initiatives focused on building strong communities, environmental stewardship and workforce diversity.”
During the update, Williams leadership explained that the company is trending to the higher end of its previously increased 2021 financial guidance for the second half of the year and is on track to bring into full service the Leidy South Transco expansion ahead of schedule and in time for the winter heating season. In addition, the recently announced upstream joint ventures with Crowheart in the Wamsutter and GeoSouthern in the Haynesville enhance the value of Williams’ midstream infrastructure in those regions, while setting the stage for future clean energy development.
As one of the nation’s largest clean energy infrastructure providers, Williams’ nationwide footprint is well-suited and adaptable to renewable energy sources such as clean hydrogen and RNG (renewable natural gas) blending. The company’s ongoing focus on sustainable operations positions Williams to meet clean energy demand for generations to come.