- CEO
- Chad J. Zamarin
- Full Time Employees
- 5,829
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- One Williams Center Tulsa OK United States of America 74172-0172
- IPO Date
- Dec 31, 1981
- Business
- The Williams Companies, Inc. (WMB) operates as a leading energy infrastructure company focused on natural gas gathering, processing, transportation, and storage primarily in the United States. It owns and operates approximately 33,000 miles of interstate natural gas pipelines, including the Transco and Northwest pipelines; gathering and processing facilities in key shale regions such as the Marcellus and Utica in Pennsylvania, New York, and Ohio, the Haynesville in northwest Louisiana, the Eagle Ford in south Texas, the Rocky Mountains in Colorado and Wyoming, and the Mid-Continent including the Anadarko, Arkoma, and Permian basins; natural gas liquids fractionation and marketing services; crude oil production handling in the Gulf Coast; and natural gas storage assets including six underground facilities in Louisiana and Mississippi acquired in 2024. The company handles about one-third of U.S. daily natural gas consumption used for heating, cooking, electricity generation, and emerging demands like power for AI data centers, serving customers including utilities, producers, LNG exporters, and industrial users across North America. Founded in 1908 by brothers Miller and David Williams in Fort Smith, Arkansas, and headquartered in Tulsa, Oklahoma since 1919, Williams structures its operations into segments encompassing Transmission and Gulf of Mexico, Northeast Gathering & Processing, West, and Gas & NGL Marketing Services.
Recent developments include the 2025 closure of a strategic partnership with Woodside Energy, under which Williams acquired an 80% interest and operatorship of Driftwood Pipeline and a 10% stake in Louisiana LNG HoldCo for $250 million plus capital reimbursement, alongside a 1.5 million tonnes per annum LNG offtake commitment and total expected investment of $1.9 billion; the sale of its minority interest in South Mansfield upstream assets to JERA for $398 million plus deferred payments through 2029, while retaining gathering commitments to expand the Louisiana Energy Gateway system; the acquisition of Saber Midstream in the Haynesville region; and the January 2024 purchase of Gulf Coast Storage assets from Hartree Partners for $1.95 billion, adding six storage facilities, 230 miles of transmission pipeline, and 30 interconnects. Williams placed into service key projects such as the Texas to Louisiana Energy Pathway, Southeast Energy Connector, Ballymore and Shenandoah deepwater expansions, and Louisiana Energy Gateway expansions; broke ground on the $1.6 billion Socrates Power Innovation project for onsite natural gas and power generation supporting AI infrastructure, later expanded by $400 million to $2 billion with two additional initiatives; and secured precedent agreements for Pine Prairie storage, MountainWest's Green River West, and Transco's Wharton West expansions. These moves advance Williams' wellhead-to-water strategy, enhance LNG market access, and position the company for growth in lower-carbon energy solutions amid rising demand.