Analysis: The Williams Companies, Inc.

US:WMB

Why is The Williams Companies, Inc. stock rising?

  • Williams expects to commercialize additional Power Innovation projects before end-2026, using the Blackstone joint venture to fund near-term behind-the-meter data-center power capacity.
  • Socrates’ next phase is scheduled to enter service before end-2026, with additional Power Innovation projects following as the platform scales.
  • Transco’s Power Express expansion was upsized to 800 MMcf/d to serve Virginia load growth, power demand and data-center growth, with service targeted in 2030.
  • Delta Access, a fully contracted Transco-corridor pipeline, is expected to enter service in early 2029 with initial 2.25 Bcf/d capacity serving LNG and power customers.
  • Williams raised 2026 EBITDA guidance by $200 million at the midpoint and increased its long-term EBITDA growth target to 11%+ CAGR through 2030.

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