The company said it received a $627 million from Energy Transfer on November 28, 2023 under the final order and judgment, and it paid attorney fees on the same day that had been incurred on a contingent fee basis. As a result, it recognized a net gain of $534 million as Net gain from Energy Transfer litigation judgment in fiscal 2023.

1. 01

   The company said it received a $627 million from Energy Transfer on November 28, 2023 under the final order and judgment, and it paid attorney fees on the same day that had been incurred on a contingent fee basis. As a result, it recognized a net gain of $534 million as Net gain from Energy Transfer litigation judgment in fiscal 2023.

2. 02

   The company acquired $1.95 billion of a strategic portfolio of natural gas storage facilities and pipelines from Hartree Partners LP on January 3, 2024. On November 30, 2023, it acquired Cureton for $546 million and an additional 50% interest in RMM for $704 million.

3. 03

   The company said net income attributable to The Williams Companies, Inc. for fiscal 2023 increased by $1.13 billion from the prior year. The regular quarterly dividend paid in December 2023 was $0.4475 per share, and on January 30, 2024, its board approved a regular quarterly dividend of $0.4750 per share.

4. 04

   The company said net cash provided by operating activities increased in 2023 compared with 2022. It cited higher operating income excluding non-cash items and changes in net working capital and margin requirements as factors, partially offset by lower distributions from equity-method investees.

Key figures

Fiscal year ended December 31, 2023

Revenue

$12.0B

Operating income

$4.3B

Net income

$3.2B

EPS

$2.60

Operating cash flow

$5.9B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.