Chad Zamarin, president and chief executive officer, made the following comments: “In 2025, Williams (WMB) delivered record Adjusted EBITDA of $7.75 billion, capping a five-year Adjusted EBITDA CAGR of 9%, and a five-year EPS CAGR of 14%. Today we are announcing 2026 Adjusted EBITDA guidance of $8.2 billion at the midpoint, reflecting the ongoing strong growth of our business as we realize the benefit of pipeline transmission and offshore projects that came online in 2025, as well as expected revenues from a partial year of our first power innovation project that is expected to come online in the second half of 2026.”
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