Williams Companies IncRecord adjusted EBITDA, raised guidance, and dividend increase.

Williams Companies, the century-old pipeline operator, posted a five-year total return of roughly 227% with dividends reinvested as of June 3, 2026, outpacing the Nasdaq-100’s 133% return by nearly 70 percentage points. The Tulsa-based firm moves about one-third of the nation’s natural gas through a 33,000-mile network, including the 10,000-mile Transco system that delivers roughly 15% of U.S. consumption. In the first quarter of 2026, revenue reached $3.03 billion, net income rose 25% year-over-year to $865 million, and adjusted EBITDA hit a quarterly record of $2.254 billion, up 13%. Management raised full-year adjusted EBITDA guidance to a midpoint of $8.2 billion and lifted the quarterly dividend 5% to $0.525 per share, marking a decade of consecutive increases. The company is expanding Transco to serve Virginia data centers and has announced the 682-megawatt Neo power project, a $2.3 billion investment backed by a 12.5-year contract, betting on rising natural gas demand from AI-driven electricity needs.
Williams Companies IncRecord adjusted EBITDA, raised guidance, and dividend increase.
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