Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Trade shares from major stock exchanges such as NYSE, NASDAQ and more. Among them is Rekor Systems, a publicly traded artificial intelligence company based in Maryland. It was founded in 1866 when Henry Sherwin and Edward Williams saw an opportunity to revolutionise the industrial economy with paint ingredients – a vision which would see the company open over 4800 stores globally in 150 years. Recently Viewed Companies WW Williams Co/The W.W. Williams Company, through its subsidiaries, markets diesel engines and transmissions and provides related parts and services for those products. – Information about key financial and legal advisors for The Williams Companies, Inc.'s financial deals transactions. The (WMB) delivered earnings and revenue surprises of 8.70% and -4.23%, respectively, for the quarter ended June 2020. [11] In 2007, the Williams Companies agreed to pay $290 million. Voices of Oklahoma interview with John Williams. Rating Action Commentary / Mon 19 Jun, 2006. The second was spun off in 2001 as Williams Communications, filed for bankruptcy the following year[9] adopted the name WilTel Communications, and ultimately was acquired by and consolidated into Level 3 Communications.[10]. Williams Companies, Inc. Pursuant to the merger, Williams acquired all of the outstanding common units of Williams Partners it did not previously own. Its subsidiaries include Global Access, an audio- and videoconferencing service, and Vyvx, a transmission service for broadcast and cable networks. Gulfstream Management & Operating Services, The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. A number of other equities research analysts also recently weighed in on WMB. In 2002, Williams Communications Group was sued because company officials did not properly disclose the failing company's true financial condition, the officials' public statements belied the firm's plummeting fiscal picture. Fitch Revises Williams Companies & Subsidiaries Outlook to Positive. ... , subsidiaries, and affiliates necessary to effectuate the full relief contemplated by this agreement are parties to the agreement and are bound thereby as if they had signed this agreement and were made parties to this proceeding and to the Order. The Williams Companies, International Holdings The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. BidaskClub downgraded shares of The Williams Companies (NYSE:WMB) from a hold rating to a sell rating in a research report released on Wednesday, BidAskClub reports. See insights on Williams Companies including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Advanced trading tools. Mid-Continent Fractionation and Storage, Williams (WMB) resolves a midstream contract with bankrupt Chesapeake (CHKAQ), with the aim to wipe out debts worth $7 billion. A subsidiary of the company based in Texas won a $5 million PPP loan in early May. Analyst call and webcast are scheduled for 9:30 AM EST on Tuesday, November 3. The plan calls for Williams to separate its exploration and production business via an initial public offering (IPO) in third-quarter 2011 of up to 20 percent of its interest and, in 2012, a tax-free spinoff to Williams shareholders of its remaining interest. Copyright © 2020 RPCD Holdings LLC. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. Shares have lost about 50.9% in that time frame, underperforming the S&P 500. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma. The Department of Communities and Justice provides administrative and corporate support to NSW courts and tribunals. Smith Barney Citigroup began coverage on The Williams Companies in a research report on Thursday, December 3rd. The purchase of Northwest Energy Company was the beginning of the company’s nationwide system of interstate natural gas pipelines. [14], For other companies with "Williams" in their name, see. In 2002, the company found itself in financial distress due to changed market conditions and the large debt of its subsidiary Williams Communications Group. RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. Our courts are among the most efficient in Australia in terms of timeliness, disposal of matters and cost. … It operates through Atlantic-Gulf, Northeast G&P, and West segments. The Williams Companies, Inc. (NYSE: WMB) (“Williams”) and Williams Partners L.P. (NYSE: WPZ) (“Williams Partners”) today announced that Williams has closed the merger of Williams Partners with a subsidiary of Williams. Last month, the Tulsa, Oklahoma-based Williams Companies, an amalgamation of energy companies and communications subsidiaries, announced it might face potential losses of as much as $100 million because of deals it made with Enron. It has been about a month since the last earnings report for Williams Companies, Inc. (The) (WMB). Williams Companies has 4,812 employees across 20 locations and $8.20 B in annual revenue in FY 2019. The company relocated to Tulsa in 1919. The Williams Companies, Inc., is an American energy company based in Tulsa, Oklahoma. About The Williams Companies. The global coverage of Sherwin Williams paints and coatings. The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. In 1982, it expanded into natural gas transportation with the purchase of Northwest Energy Company, and extended their reach to the East Coast with the 1995 purchase of Transco Energy Company. All Rights Reserved. Williams 2020 third quarter earnings were released on Monday, November 2. It built two nationwide networks, which subsequently spun off into separate companies. [12], On March 1, 1999, Jack D. McCarthy, chief financial officer, said the company's additional review and its annual audit process resulted in the previously announced 1998 pre-tax income being adjusted downward by $21.2 million. McWilliam's wines showcase regional specific characters, superior quality, impressive depth and full flavour expression. As it diversified in the 1970s, it was renamed The Williams Companies, Inc. L.L.C. The WilTel venture began, playing a foundational role in today’s digital world by … The Williams Companies General Information Description. Corporation. Sherwin-Williams is one of the top 3 coating and paint companies worldwide. A Fortune 500 company,[2] its common stock is a component of the S&P 500. List of companies based in Tulsa, Oklahoma, https://en.wikipedia.org/w/index.php?title=Williams_Companies&oldid=981534413, Natural gas companies of the United States, Electric power companies of the United States, Non-renewable resource companies established in 1908, Companies listed on the New York Stock Exchange, Pages containing links to subscription-only content, Wikipedia articles in need of updating from May 2015, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, This page was last edited on 2 October 2020, at 22:09. In 1949, John H. Williams, a nephew of the founders, together with his brother Charles Williams and David's son David Williams Jr., bought the business from the founders; John H. Williams remained as president of the company until 1971 and CEO until 1979. The Williams Companies, Inc. operates as an energy infrastructure company in the United States. In 1949, John H. Williams, a nephew of the founders, together with his brother Charles Williams and David's son David Williams Jr., bought the business from the founders; John H. Williams remained as president of the company until 1971 and CEO until 1979.[3]. It operates through Atlantic-Gulf, Northeast G&P, and West segments. In separate pri vate placements, SBC Communications Inc., Intel Cor poration and Telefonos de Mexico Williams to Pursue Separating Into Two Stand-Alone, Publicly Traded Companies; Boosts Dividend 60%, Williams (disambiguation) § Organizations and companies, "Williams to Acquire Barrett Resources For About $2.38 Billion in Cash, Stock", "Alaska gas liquids at forefront of Alberta straddle-plant deal", "CEO of Williams Cos. to retire: Malcolm gets praise for company turnaround", "Level 3 buying rival WilTel: Oklahoma acquisition to boost cash flow by $125 million a year", "Class Action Lawsuit Against Williams Communications Group", "Safety history of Bluegrass Pipeline companies at issue in Kentucky debate", "Williams Announces Audited 1998 Income Adjusted From January's Unaudited Report". Since 1997, their brand identity has been simplified to "Williams". [13], On September 16, 2004, Williams Cos. said it amended its fiscal 2003 and first-quarter 2004 filings with the Securities and Exchange Commission to show a reclassification to its discontinued operations and a segment reporting change. In 2001, Williams acquired Barrett Resources,[4] which provided them with additional national gas reserves. With the purchase of MAPCO in 1998, Williams also entered the refining business and the convenience store market. It operates through Atlantic-Gulf, Northeast G&P, and West segments. It was founded as Williams Brothers in 1908 by Miller and David Williams in Fort Smith, Arkansas, and soon expanded to building nationwide pipelines for natural gas and petroleum. In 1966, Williams bought the then-largest petroleum products pipeline in America, known as the Great Lakes Pipe Line Company, for about $287 million. The Williams Companies Inc (WMB) - Financial and Strategic SWOT Analysis Review - provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. Use the links to navigate your way through the site. 50 of the Top 250 law firms use our Products every day. Interestingly, Mr Williams is currently the Executive Chairman of Thomson Resources Ltd (ASX:TMZ) and the Executive Chairman of Patron Resources Ltd, from which Indiana recently purchased two subsidiaries that hold substantial exploration ground in the Gawler Craton of South Australia. Fitch Assigns Initial 'BB' Rating to Williams Partners, L.P. The company obtained and paid off an emergency high interest loan from Warren Buffett to stay out of bankruptcy, and redirected its focus toward natural gas production, processing, and transportation as well as increasing its resource holdings. B.V. Transcontinental Gas Pipe Line Company, The Williams Companies, Inc. The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. Kinder Morgan, Inc. (KMI; BBB/Stable) is the best comparable for WMB, as both companies have a nationwide presence in both long-haul pipelines and gas gathering and processing. Boardwalk Pipeline Partners and the Williams Companies were fined $2.4 million for 18 incidents that took place between 2006 and 2013. You are here: Agreements > > WILLIAMS COMPANIES INC Exh 21 List of Subsidiaries, Title: WILLIAMS COMPANIES INC Exh 21 List of Subsidiaries Date: 2/25/2011 Industry: Oil and Gas Operations     Sector: Energy, Barrett Resources International Williams is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. [6] On October 2010, Williams and Williams Partners L.P. announced that Chairman and Chief Executive Officer Steve Malcolm would retire at the end of the year. These incidences included one where they failed to monitor corrosion and another, where they waited to repair a natural gas line showing metal loss in Kentucky. LLC. On October 6, 1999, a subsidiary of Williams, Willi ams Communications Group, Inc., closed an initial p ublic offering by selling shares of its Class A common stock to the public. The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. The Williams Companies, Inc. WMB is set to release first-quarter 2020 results on Monday May 4, after the closing bell. [5], In 2010, the company underwent a major restructuring that included a reorganization of its extensive pipeline holdings in Williams Partners LP. The Board of Directors at Williams said it had elected Alan Armstrong to succeed Malcolm as CEO effective January 3, 2011. Fitch Rates Northwest Pipeline $175MM Senior Notes 'BBB-' Rating Action Commentary / Wed 24 May, 2006. The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. [7], On February 16, 2011, Williams' board of directors had approved pursuing a plan to separate the company's businesses into two stand-alone, publicly traded corporations. The Williams Companies, Inc., a corporation. Started in 1908, and currently headed by CEO Alan Armstrong, the company provides employment to 5,604 people and has a market cap of USD $23.63B, putting it in the large-cap stocks category. 1983. Williams Companies recently announced that it had successfully tendered for about $920 million principal amount of debt of the company or its subsidiaries. This debt will be refinanced from the new shelf registrations in order to lower the company's embedded debt … The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. LLC. Williams (WMB) CEO Malcolm to Retire; Armstrong Named Successor. The company relocated to Tulsa in 1919. This is the homepage for courts and tribunals website. Five other companies also received three different PPP loans — either among their subsidiaries alone or the subsidiaries and parent company. Learn More Title: WILLIAMS COMPANIES INC Exh 21 List of Subsidiaries Date: 2/25/2011 Industry: Oil and Gas Operations Sector: Energy Transcontinental Gas Pipe Line Company, LLC (“Transco”), a wholly owned subsidiary of The Williams Companies, Inc. (NYSE: WMB), announced today that it has extended its offer to exchange any and all of its $700 million in aggregate principal amount of outstanding 3.250 percent Senior Notes due 2030 and $500 million in aggregate principal amount of outstanding 3.950 percent … Williams Companies | WMB Share CFD Trading with Plus500™. [8][needs update], The company helped to get the modern telecommunications industry off the ground by running fiber optic cable through its decommissioned pipelines. – Detailed reports of various financial transactions undertaken by The Williams Companies, Inc. and its subsidiaries since 2007. One of the moves it made around that time (2004) was the sale of two of Canada's largest natural gas straddle plants, and its interest in another to Inter Pipeline Fund for US$540 million. 1985. The first was sold in 1995 to LDDS, which would become WorldCom & then MCI). Armstrong had served as senior vice president of Williams since 2002. 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