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Williams expands natural gas storage capabilities with major Gulf Coast acquisition
Williams now owns and operates more than 400 billion cubic feet (Bcf) of natural gas storage across the United States,…
Williams Closes Acquisition of Major Natural Gas Storage Portfolio
TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced that it has closed its acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion. The transaction includes six underground natural gas storage facilities located in Louisiana and Mississippi with total capacity of 115 billion cubic feet (Bcf), as well as 230 miles of gas transmission pipeline and 30 pipeline interconnects to attractive markets, including LNG markets, and connections to Transco, the nation’s largest natural gas transmission pipeline. The acquisition price represents an approximate 10x estimated 2024 EBITDA multiple.
Williams Prices $2.1 Billion of Senior Notes
TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) announced today that it has priced a public offering of $1.1 billion of its 4.900% Senior Notes due 2029 at a price of 99.839 percent of par and $1.0 billion of its 5.150% Senior Notes due 2034 at a price of 99.975 percent of par.
Williams Announces Acquisition of Strategic Gulf Coast Natural Gas Storage Portfolio with Direct Access to LNG Export Facilities and Interstate Pipelines
Six natural gas storage facilities with total capacity of 115 Bcf across Louisiana and Mississippi Highly contracted business with diverse customer base including investment-grade utilities, interstate pipelines, LNG terminals and natural gas marketers Strategically located to take advantage of…
Kicks for Kids rewards students with more than new shoes
For Tulsa youth participating in Kicks for Kids, training to complete a 5K race was about more than crossing the…
At COP28, Armstrong says natural gas will fuel clean energy transition
Natural gas will continue to play a critical role in reducing emissions by replacing coal for power generation while reliably…
Williams Completes Strategic Transactions in D.J. Basin
TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) announced today that it has successfully closed two strategic transactions that now position the company as the third largest gatherer in the DJ Basin. First, the acquisition of Cureton Front Range LLC, whose assets include gas gathering…
Saving Pennsylvania’s Miller Mountain
Residents and visitors to Northeast Pennsylvania can now explore a new addition to Pinchot State Forest – a 2,216-foot peaked…
Six roles in 10 years: How this employee developed by exploring the business
From engineer to HR, operations to commercial deal-making -- Kenny Scott’s career path has been less of a vertical climb…
This Oklahoma prairie is alive with the bellows of bison
The snorts, grunts, huffs and chuffs of bison roaming the Joseph H. Williams Tallgrass Prairie Preserve are music to the…
Demand building for natural gas, CEO tells CNBC
With several new pipeline projects moving forward, Williams President and CEO Alan Armstrong told CNBC that infrastructure expansions must keep…
Flexibility, reliability and storage are key to Northwest Pipeline success
Flexibility, reliability and storage are key to Northwest Pipeline’s success Originally known as the “Scenic Inch” because of the beautiful…