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Placed into service in 2014, the Bayou Ethane Pipeline connects Texas suppliers of ethane with Louisiana consumers. The 270 mile pipeline extends from Mont Belvieu, Texas to Geismar, Louisiana, consisting of various diameters of pipe ranging from six to 12 inches.

Press Release

07/06/2017

Williams Partners L.P. (NYSE: WPZ) announced today that it has completed the sale of all of its membership interest in Williams Olefins L.L.C., which owns an 88.46 percent undivided ownership interest in the Geismar, Louisiana, olefins plant and associated complex, to NOVA Chemicals for $2.1 billion in cash, subject to a working capital adjustment. Additionally, […]

Press Release

04/17/2017

Proceeds to be used to pay down debt and pre-fund capital investments; transaction strengthens credit profile Transaction reduces Williams Partners’ commodity and operational risks Long-term fee-for-service agreements to supply and transport feedstock to the plant on Williams Partners’ Bayou Ethane pipeline system retain the partnership’s pipeline revenue which aligns with Williams’ strategy to grow fee-based […]

Press Release

09/06/2016

Williams Partners L.P. (NYSE:WPZ) today announced that it has initiated an adviser-led process to explore the monetization of its indirect ownership interest in the Geismar, Louisiana olefins plant and complex. The process may result in a sale or a long-term, fee-for-service tolling agreement. Williams Partners currently holds an approximate 88.5 percent undivided ownership interest in […]

Press Release

10/31/2018

TULSA, Okla.–(BUSINESS WIRE)–Williams (NYSE: WMB) today announced its financial results for the three and nine months ended Sept. 30, 2018. Highlights 3Q 2018 Net Income Attributable to Williams of $129 Million, Up $96 Million over 3Q 2017 3Q Cash Flow From Operations of $746 Million, Up $41 Million over 3Q 2017 3Q 2018 Adjusted income […]

Press Release

02/13/2019

TULSA, Okla.–(BUSINESS WIRE)–Williams (NYSE: WMB) today announced its financial results for the three and 12 months ended Dec. 31, 2018. Highlights Net Income (Loss) Attributable to Williams Available to Common Stockholders of ($572) Million for 4Q 2018 and ($156) Million for Full-Year 2018 (impacted by certain asset impairments and gains as described in this press […]

Press Release

08/01/2018

Williams (NYSE: WMB) today announced its financial results for the three and six months ended June 30, 2018. Second-Quarter 2018 Highlights 2Q 2018 Net Income of $135 Million; Up $54 Million over 2Q 2017 2Q 2018 Adjusted Income Per Share of $0.17; Up 31% over 2Q 2017 2Q 2018 Adjusted EBITDA of $1.11 Billion Williams Partners’ […]

Press Release

02/14/2018

Williams (NYSE: WMB) today announced its financial results for the three and 12 months ended Dec. 31, 2017. Fourth-Quarter and Full-Year 2017 Highlights 4Q 2017 Net Income of $1.687 Billion – Positively Impacted by Tax Cuts and Jobs Act of 2017; Cash Tax Deferral Extended & Lower Future Tax Payments Expected Increased 4Q & Full-Year […]

Press Release

05/02/2018

Williams Partners L.P. (NYSE: WPZ) today announced its financial results for the three months ended March 31, 2018. First-Quarter 2018 Highlights 1Q 2018 Net Income of $360 Million 1Q 2018 Adjusted EBITDA of $1.122 Billion, Up $5 Million vs. 1Q 2017 All Three Current Business Segments Improved Year-Over-Year Adjusted EBITDA Current Business Segments Increased Adjusted […]

Press Release

08/01/2018

Williams Partners L.P. (NYSE: WPZ) today announced its financial results for the three and six months ended June 30, 2018. Second-Quarter 2018 Highlights 2Q 2018 Net Income of $426 Million; Up $106 Million over 2Q 2017 2Q 2018 Adjusted EBITDA of $1.097 Billion 2Q 2018 DCF of $705 Million, Up $7 Million over 2Q 2017 Transco […]

Press Release

02/14/2018

Williams Partners L.P. (NYSE: WPZ) today announced its financial results for the three and 12 months ended Dec. 31, 2017. Fourth-Quarter and Full-Year 2017 Highlights 4Q 2017 Net Income (Loss) of ($342) Million – Impacted by $713 million of Non-Cash Charges Related to Tax Cuts and Jobs Act of 2017 Increased 4Q & Full-Year 2017 […]