Williams Cos. plans to host what it calls a Clean Energy Expo in Washington, D.C. next month and release its fourth-quarter earnings report a day later.
The Tulsa firm stated this week that the Clean Energy Expo in the nation’s capitol will be held Tuesday, Feb. 13 and will focus on how Williams and the natural gas industry are delivering energy seurity and affordability while simultaneously reducing global emissions.
Williams will demonstrate how the natural gas value chain is leveraging and developing cutting-edge and scalable technologies to reduce emissions – from responsibly growing NextGen natural gas to displace high-emissions fuels, to the deployment of methane-monitoring satellites, real-time leak detection with AI, and efforts to develop high-efficiency clean hydrogen solutions.
Convening industry leaders, policymakers and innovators, the expo will showcase how natural gas coupled with emerging technologies can be one of the most significant contributors to a clean energy future. The Expo will feature demonstrations from around 20 different companies and panel discussions with top leaders from Williams, Cheniere Energy, Inc. and EQT Corporation.
Then, on Wednesday, Feb. 14, Williams will release its fourth-quarter and full-year 2023 financial results before the market opens on that day, just ahead of the firm’s 2024 Analyst Day event in Wasington, D.C. The Analyst Day will begin at 8:30 a.m. Eastern Time.
During the event, Williams’ management will give an in-depth presentation covering the company’s natural gas-focused strategy to meet growing clean energy demands while also delivering shareholder value.
At the end of September 2023, Williams released its third quarter financial results showing a 10% increase in its net income which totaled $654 million or 54 cents a share compared to a year earlier. Adjusted net income was $547 million or 45 cents a share and the company’s adjusted EBITDA totaled $1.652 billion, up $15 million compared to the third quarter of 2022.
Alan Armstrong, the president and chief executive officer stated at the time it was another quarter of impressive accomplishments.
“We expect the strong performance to continue, providing
confidence to raise our guidance midpoint by $100 million to $6.7 billion Adjusted EBITDA for 2023.”
In a few weeks, investors will learn whether the strong performance continued as Armstrong expected.