NYSE$WMB
Williams Companies Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Announced strong third-quarter results, demonstrating business stability and predictability, and remained on track to meet 2020 guidance expectations.
Williams reported a net income of $308 million and adjusted EPS of $0.27 for Q3 2020. The company's strong performance was driven by its natural gas-focused strategy, with the Northeast G&P segment hitting record volumes. Williams is on track to meet its pre-COVID 2020 guidance ranges for earnings, adjusted EBITDA, and cash flow.
- Net income of $308 million ($0.25 per diluted share), up $88 million over 3Q 19
- Adjusted EPS of $0.27 per diluted share
- Adjusted EBITDA of $1.267 billion
- Northeast G&P segment hits record volumes
Headline financials
Revenue & EPS history
Williams · Revenue · Quarterly
$1.93B
Forward guidance
The company continues to expect 2020 Adjusted EBITDA in the lower half of its guidance range of between $4.95 billion and $5.25 billion. The company also continues to expect 2020 growth capex of $1 billion to $1.2 billion, down from the original guidance range of $1.1 billion to $1.3 billion, and 2020 Distributable Cash Flow toward the midpoint of the guidance range.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.5%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.7%
Avg return
30 days after
56%
41 / 73 earnings
Positive
+11.6%
Q2 2020
Best reaction
-10.0%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | -4.7% | -4.5% | |
| Q4 2025 | +1.5% | +6.5% | +8.4% | |
| Q3 2025 | -4.3% | +0.9% | +7.8% | |
| Q2 2025 | -2.1% | -3.9% | -4.4% | |
| Q1 2025 | -2.6% | -4.2% | +0.6% | |
| Q4 2024 | +4.8% | +5.4% | +4.5% | |
| Q3 2024 | +4.5% | +7.3% | +7.2% | |
| Q2 2024 | +1.5% | +2.5% | +5.3% | |
| Q1 2024 | +1.1% | +2.5% | +7.5% | |
| Q4 2023 | +0.4% | +0.8% | +8.7% | |
| Q3 2023 | +4.0% | +3.9% | +8.4% | |
| Q2 2023 | +1.0% | +1.1% | +1.7% | |
| Q1 2023 | -0.7% | +0.9% | +3.2% | |
| Q4 2022 | -1.5% | -0.3% | -8.4% | |
| Q3 2022 | +2.4% | +2.7% | +6.2% | |
| Q2 2022 | -3.6% | -5.5% | -0.2% | |
| Q1 2022 | +3.0% | +6.9% | +9.2% | |
| Q4 2021 | -0.4% | +3.6% | +10.4% | |
| Q3 2021 | +1.1% | +1.7% | -5.2% | |
| Q2 2021 | +0.3% | +0.0% | -1.6% | |
| Q1 2021 | +0.9% | +3.9% | +12.0% | |
| Q4 2020 | +5.3% | +0.9% | +3.8% | |
| Q3 2020 | -1.1% | -4.8% | +12.8% | |
| Q2 2020 | +11.6% | +9.0% | +11.2% | |
| Q1 2020 | +2.4% | +5.0% | +11.4% | |
| Q4 2019 | +2.6% | -5.1% | -46.3% | |
| Q3 2019 | -3.9% | +0.5% | -2.2% | |
| Q2 2019 | +2.0% | -5.0% | -5.7% | |
| Q1 2019 | -3.1% | -3.4% | -6.9% | |
| Q4 2018 | +0.5% | +2.0% | +3.1% | |
| Q3 2018 | +6.4% | +6.3% | +4.6% | |
| Q2 2018 | +4.1% | +5.3% | -0.5% | |
| Q1 2018 | +0.5% | +1.2% | +2.8% | |
| Q4 2017 | +0.7% | -2.9% | -8.6% | |
| Q3 2017 | -1.4% | +1.0% | +2.8% | |
| Q2 2017 | -2.1% | -2.2% | -5.2% | |
| Q1 2017 | -2.6% | +1.0% | -4.8% | |
| Q4 2016 | -3.1% | -2.4% | -1.1% | |
| Q3 2016 | -3.7% | -3.6% | +3.5% | |
| Q2 2016 | -0.0% | +6.9% | +16.6% | |
| Q1 2016 | +6.1% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | +2.2% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | -1.4% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | +2.5% | — | — | |
| Q4 2013 | +3.6% | — | — | |
| Q3 2013 | -4.2% | — | — | |
| Q2 2013 | +6.8% | — | — | |
| Q1 2013 | -4.6% | — | — | |
| Q4 2012 | -3.9% | — | — | |
| Q3 2012 | -3.2% | — | — | |
| Q2 2012 | -2.7% | — | — | |
| Q1 2012 | +4.9% | — | — | |
| Q4 2011 | +2.6% | — | — | |
| Q3 2011 | +5.7% | — | — | |
| Q2 2011 | -10.0% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q4 2007 | +2.1% | — | — | |
| Q4 2010 | +2.1% | — | — | |
| Q3 2010 | +3.9% | — | — | |
| Q2 2010 | -0.1% | — | — | |
| Q1 2009 | -9.8% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q4 2009 | +1.5% | — | — | |
| Q3 2009 | +3.3% | — | — | |
| Q3 2008 | +3.3% | — | — | |
| Q4 2008 | -2.7% | — | — | |
| Q2 2009 | -2.7% | — | — | |
| Q2 2008 | -2.7% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro