The Williams Companies Investor Relations Material

Williams Companies, Inc. is an American energy infrastructure company, primarily focused on the processing and transportation of natural gas. The company operates a vast network of pipelines that extend across the country, connecting natural gas supplies to end users. The company plays a significant role in the North American energy sector, handling natural gas used for heating homes, generating electricity, and fueling industries. Besides transportation, the company also owns and operates various assets within petroleum and electricity generation. The company is headquartered in Tulsa, Oklahoma, and its shares are listed on the NYSE.

The company was founded in 1908 and has a long history in the energy industry. Originally established as Williams Brothers by Miller and David Williams in Oklahoma, the company initially focused on constructing pipelines for natural gas and petroleum. Throughout the 20th century, Williams Companies expanded significantly, diversifying into various sectors of the energy market. In the 1940s, it played a pivotal role in developing pipelines spanning the U.S. and in subsequent decades grew through the construction of new pipelines as well as through acquisitions further expanding its network.

Williams Companies has established itself as a key player in the natural gas industry. The company's operations primarily focus on the processing, transportation, and storage of natural gas. With a vast network of pipelines, Williams Companies plays a crucial role in ensuring the steady and efficient flow of natural gas across significant parts of the United States. The company's infrastructure includes thousands of miles of pipelines, connecting major natural gas supply basins to markets throughout the country. In addition to transportation, Williams Companies is involved in natural gas processing, which involves removing impurities and extracting valuable byproducts such as propane and ethane. Some notable publicly listed peers include Energy Transfer, Kinder Morgan, and Plains All American.

Beyond its core focus on natural gas, Williams Companies has diversified into other areas of the energy sector. This includes operations in crude oil and natural gas liquids, where the company is involved in transportation and storage. Additionally, Williams Companies has historically engaged in petroleum refining and exploration, although these activities have varied in scale over time.