Williams raises 2026 guidance and agrees to acquire Momentum Midstream
Filed with the SEC on · Summarized by InvestorsBot
Williams reported second-quarter 2026 net income of $827 million, or $0.68 per diluted share, while adjusted EBITDA rose 6% year over year to $1.921 billion and AFFO increased 10% to $1.450 billion. On August 3, the company agreed to acquire Momentum Midstream for up to $5.5 billion, including approximately $3.5 billion in cash and debt and $2 billion in Williams equity; the deal is subject to customary closing conditions, including antitrust clearance. Williams raised its 2026 adjusted EBITDA guidance midpoint by $200 million to $8.4 billion and expects the acquisition to be accretive to AFFO per share and earnings per share.