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Williams Companies, Inc. Message Board

  • bluecheese4u bluecheese4u Feb 20, 2013 8:05 PM Flag

    Williams Partners Reports Year-End 2012 Financial Results

    Williams Partners Reports Year-End 2012 Financial Results

    2/20/2013 4:01:00 PM

    •2012 Net Income is $1.23 Billion, $1.89 per Common Unit
    •Significantly Lower NGL Margins – Down 46% in 4Q – Drive Lower 2012 Net Income, DCF
    •Midstream Fee-based Business Continues Strong Growth; Up 18% in 4Q vs. Prior Year, Up 17% for Full Year
    •Reaffirming Strong Annual Cash Distribution Growth Guidance of 9% for 2013, 2014
    •Lowering 2013-14 Earnings Guidance; Expect Fee-Based Business Growth, Ethane-Consuming Gulf Olefins Business Will Partially Offset Effect of Sharply Lower Ethane, Propane Prices
    •Robust Demand for Infrastructure, Related Projects, Investments Drive Strong Growth

    energyDOTwilliamsDOTcom/profiles/investor/NewsPrintDOTasp?b=630&ID=60503&m=rl&pop=1&cat=1799&G=343

 
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