Williams Companies Shares Surge 8% on 2026 Guidance and 5% Dividend Hike
Williams Companies shares rose 8.01% from February 6 to 13 after it forecast 2026 adjusted EPS of $2.20–$2.38 versus a $2.28 consensus and guided to $8.2 billion midpoint EBITDA. Fourth-quarter revenue hit $3.2 billion (+16.6% YoY) and dividend was raised 5% to $2.10.
1. Share Price Surge
Between February 6 and 13, Williams Companies stock jumped 8.01% driven by strong full-year 2026 guidance and operational updates.
2. Q4 2025 Results and 2026 Guidance
In Q4 2025, adjusted EPS was $0.55, slightly below estimates, while revenue rose 16.6% YoY to $3.2 billion. Full-year 2026 guidance targets $2.20–$2.38 adjusted EPS and $8.2 billion midpoint adjusted EBITDA.
3. 2025 Operating Metrics and Projects
For FY 2025, adjusted net income increased 10% to $2.57 billion and EBITDA climbed 9% to $7.75 billion, with cash flow from operations up 19% to $5.9 billion. The company completed 1.1 Bcf/d of pipeline projects, has 7.1 Bcf/d under construction, and invested $900 million to expand its Aquila and Apollo projects with extended 12.5-year contracts.
4. Dividend Increase and Analyst Outlook
The annual dividend was raised 5% to $2.10, lifting the yield to 2.91%. One institution upgraded its rating and raised its price target to $84, while multiple firms lifted their forecasts this week.