The Williams Companies, Inc.

What does Williams own?
Williams owns approximately 30,000 miles of natural gas pipelines including the Transco and Northwest Pipeline systems, gathering and processing assets, storage facilities like Clay Basin, and growing power generation projects for data centers.

Is Williams publicly traded?
Yes. It trades on the New York Stock Exchange under ticker WMB and is a member of the S&P 500.

When was Williams founded?
Brothers David and Miller Williams founded it in 1908 in Fort Smith, Arkansas, as a construction firm. It relocated to Tulsa and became a pipeline operator.

Who owns Williams?
Public shareholders own it. Chad Zamarin became CEO in 2025 after Alan Armstrong transitioned to executive chairman in a planned succession.

What is Williams' market position?
It is one of the largest US natural gas pipeline operators, with Transco carrying roughly a third of US gas and a top-tier midstream position alongside Kinder Morgan and Enbridge.

What is Transco?
Transco (Transcontinental Gas Pipe Line) is Williams' flagship interstate pipeline system running from Texas to New York, the backbone of US natural gas delivery.

Brothers David and Miller Williams founded the company in 1908 in Fort Smith, Arkansas, as a construction and engineering firm, relocating to Tulsa and building pipelines through the mid-20th century. The Transcontinental Gas Pipe Line (Transco) acquisition in the 1990s made it a major interstate transporter.

The company navigated boom and restructuring cycles, including the collapse of its telecom-era WilTel venture and a 2016 merger with Energy Transfer that fell apart. It emerged as a focused natural gas infrastructure company just as gas demand entered a structural growth cycle driven by LNG exports and power generation.

The 2020s have been expansion years: projects across Transco, gathering, and storage plus the 2024 and 2025 push into power generation for data centers. The Socrates project, a data center power facility, came online ahead of schedule in 2026 as the first of a planned series.

FY2025 produced record results across 12 completed projects. Q3 2026 set records again: $699 million in GAAP net income, adjusted EBITDA of $2.039 billion, and tracking toward the upper half of the $8.3 to $8.5 billion full-year EBITDA guidance. The Momentum Midstream acquisition closed during the quarter, deepening its Haynesville position.

As a natural gas transporter, Williams sits at the center of energy transition debates. It publishes sustainability reporting on methane emissions, pipeline safety, and environmental performance, and has been recognized by S&P Global, CDP, ISS, and MSCI for disclosure quality.

The company frames its role as enabling lower-carbon outcomes: gas displacing coal and supporting renewables through reliability, while developing power projects and exploring carbon capture opportunities within its footprint.