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Williams reports Q2 adjusted EPS 46c, consensus 49c

Reports Q2 revenue $2.781B, consensus $2.73B. Chad Zamarin, president and chief executive officer, made the following comments: “Williams (WMB) delivered another outstanding quarter with Adjusted EBITDA up 8% over second quarter last year, driven primarily by Transco expansions and new volumes in the Gulf as well as higher volumes in our Northeast and West gathering and processing segments. With the continued strength of our base business and our recent acquisition of Saber Midstream in the Haynesville, we expect earnings growth to continue to build in the second half of the year. As a result, we are raising our 2025 Adjusted EBITDA guidance midpoint again by $50 million to $7.75 billion, for a total increase of $350 million from our original 2025 guidance.”

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