54:
373:, and soon expanded to building nationwide pipelines for natural gas and petroleum. The company relocated to Tulsa in 1919. In 1949, John H. Williams, a nephew of the founders, together with his brother Charles Williams and David's son David Williams Jr., bought the business from the founders; John H. Williams remained as president of the company until 1971 and CEO until 1979.
291:
272:
254:
235:
211:
413:
In 2010, the company underwent a major restructuring that included a reorganization of its extensive pipeline holdings in
Williams Partners LP. In October 2010, Williams and Williams Partners LP announced that chairman and chief executive officer Steve Malcolm would retire at the end of the year. The
383:
In 1966, Williams bought the then-largest petroleum products pipeline in
America, known as the Great Lakes Pipe Line Company, for about $ 287 million. In 1982, it expanded into natural gas transportation with the purchase of Northwest Energy Company, and extended their reach to the East Coast with
422:
in third-quarter 2011 of up to 20 percent of its interest and, in 2012, a tax-free spinoff to
Williams shareholders of its remaining interest. The company's former exploration and production business, WPX Energy Inc., began trading on the New York Stock Exchange on Jan. 3, 2011. The spinoff was
471:
In 2002, Williams
Communications Group was sued because company officials did not properly disclose the failing company's true financial condition, the officials' public statements belied the firm's plummeting fiscal picture. In 2007, the Williams Companies agreed to pay $ 290 million.
406:, and redirected its focus toward natural gas production, processing, and transportation as well as increasing its resource holdings. One of the moves it made around that time (2004) was the sale of two of Canada's largest natural gas straddle plants, and its interest in another to
423:
completed with the Dec. 31, 2011, distribution of one share of WPX Energy common stock for every three shares of
Williams common stock. Williams became an infrastructure company, and many of its pipeline assets are held through the master limited partnership Williams Partners LP.
478:
and the
Williams Companies were fined $ 2.4 million for 18 incidents that took place between 2006 and 2013. These incidents included one where they failed to monitor corrosion and another, where they waited to repair a natural gas line showing metal loss in Kentucky.
417:
On
February 16, 2011, Williams' board of directors had approved pursuing a plan to separate the company's businesses into two stand-alone, publicly traded corporations. The plan calls for Williams to separate its exploration and production business via an
491:
On
September 16, 2004, Williams Cos. said it amended its fiscal 2003 and first-quarter 2004 filings with the Securities and Exchange Commission to show a reclassification to its discontinued operations and a segment reporting change.
487:
On March 1, 1999, Jack D. McCarthy, chief financial officer, said the company's additional review and its annual audit process resulted in the previously announced 1998 pre-tax income being adjusted downward by $ 21.2 million.
964:
984:
414:
board of directors at
Williams said it had elected Alan Armstrong to succeed Malcolm as CEO effective January 3, 2011. Armstrong had served as senior vice president of Williams since 2002.
979:
656:
954:
601:
934:
669:
969:
929:
376:
The company went public in 1957 under the
Williams Brothers name. As it diversified in the 1970s, it was renamed The Williams Companies, Inc. Since 1997, their
633:
959:
944:
909:
849:
840:
714:
974:
939:
809:
750:
644:
398:
and the large debt of its subsidiary Williams Communications Group. The company obtained and paid off an emergency high interest loan from
611:
459:, filed for bankruptcy the following year, adopted the name WilTel Communications, and ultimately was acquired by and consolidated into
728:
226:
444:
677:
949:
691:
38:
833:
475:
362:
140:
366:
135:
37:"John H. Williams (American businessman)" redirects here. For the American businessman who worked in baseball, see
31:
818:
826:
854:
790:
419:
181:
81:
460:
338:
533:
387:
In 2001, Williams acquired Barrett Resources, which provided them with additional national gas reserves.
370:
215:
655:
Williams to Pursue Separating Into Two Stand-Alone, Publicly Traded Companies; Boosts Dividend 60%,
696:
407:
439:
cable through its decommissioned pipelines. It built two nationwide networks, which subsequently
440:
432:
391:
104:
701:
692:"Level 3 buying rival WilTel: Oklahoma acquisition to boost cash flow by $ 125 million a year"
561:
283:
803:
586:
330:
157:
53:
399:
377:
64:
923:
538:
72:
17:
553:
751:"Williams Announces Audited 1998 Income Adjusted From January's Unaudited Report"
785:
606:
436:
395:
342:
334:
554:"Williams to Acquire Barrett Resources For About $ 2.38 Billion in Cash, Stock"
403:
346:
246:
90:
565:
729:"Safety history of Bluegrass Pipeline companies at issue in Kentucky debate"
602:"CEO of Williams Cos. to retire: Malcolm gets praise for company turnaround"
153:
806:
First person interview conducted on September 30, 2009, with John Williams.
509:
896:
780:
452:
448:
795:
85:
887:
870:
263:
632:
Williams (WMB) CEO Malcolm to Retire; Armstrong Named Successor,
587:"Alaska gas liquids at forefront of Alberta straddle-plant deal"
822:
337:
processing and transportation, with additional petroleum and
715:"Class Action Lawsuit Against Williams Communications Group"
313:
32:
Williams (disambiguation) § Organizations and companies
769:
443:
into separate companies. The first was sold in 1995 to
394:
due to changed market conditions, its competition with
30:
For other companies with "Williams" in their name, see
965:
Non-renewable resource companies established in 1908
886:
863:
308:
298:
281:
261:
244:
224:
205:
188:
174:
164:
149:
128:
110:
100:
70:
60:
985:Former components in the Dow Jones Utility Average
804:Voices of Oklahoma interview with John Williams.
345:company, its common stock is a component of the
980:Companies listed on the New York Stock Exchange
645:Williams completes spinoff of E&P business
955:Electric power companies of the United States
834:
384:the 1995 purchase of Transco Energy Company.
8:
814:Encyclopedia of Oklahoma History and Culture
46:
935:Natural gas companies of the United States
910:List of companies based in Tulsa, Oklahoma
841:
827:
819:
45:
329:, is an American energy company based in
670:"Williams rose, fell with tech fortunes"
501:
970:American companies established in 1908
776:Business data for Williams Companies:
534:"Former Williams executive dies at 94"
455:). The second was spun off in 2001 as
930:Energy companies of the United States
431:The company helped to get the modern
390:In 2002, the company found itself in
7:
668:Bellamy, Clayton (April 29, 2022).
435:industry off the ground by running
380:has been simplified to "Williams".
960:Companies based in Tulsa, Oklahoma
945:Oil companies of the United States
25:
600:Walton, Rod (October 13, 2010).
290:
289:
271:
270:
253:
252:
234:
233:
210:
209:
52:
975:1908 establishments in Oklahoma
940:Natural gas pipeline companies
294:US$ 14.045 billion (2022)
39:John Henry Williams (baseball)
1:
552:Cummins, Chip (May 8, 2001).
257:US$ 2.046 billion (2022)
327:The Williams Companies, Inc.
116:; 116 years ago
47:The Williams Companies, Inc.
476:Boardwalk Pipeline Partners
1001:
36:
29:
906:
890:Largest Private Companies
51:
850:Tulsa-based corporations
700:, November 1, 2005. via
304:4,783 (February 1, 2022)
855:Tulsa metropolitan area
457:Williams Communications
420:initial public offering
333:. Its core business is
27:American energy company
461:Level 3 Communications
339:electricity generation
950:Petroleum in Oklahoma
680:on November 19, 2016.
447:, which would become
410:for US$ 540 million.
18:WilTel Communications
810:"Williams Companies"
371:Fort Smith, Arkansas
697:Rocky Mountain News
614:on October 15, 2010
558:Wall Street Journal
408:Inter Pipeline Fund
300:Number of employees
180:Alan S. Armstrong (
48:
877:Williams Companies
635:, October 12, 2010
467:Lawsuits and fines
433:telecommunications
427:Telecommunications
392:financial distress
357:It was founded as
275:US$ 48.433 billion
917:
916:
702:HighBeam Research
359:Williams Brothers
324:
323:
238:US$ 3.018 billion
16:(Redirected from
992:
858:
843:
836:
829:
820:
773:
772:
770:Official website
755:
754:
747:
741:
740:
738:
736:
725:
719:
718:
711:
705:
688:
682:
681:
676:. Archived from
665:
659:
653:
647:
642:
636:
630:
624:
623:
621:
619:
610:. Archived from
597:
591:
590:
583:
577:
576:
574:
572:
549:
543:
531:
525:
524:
522:
520:
506:
320:
317:
315:
293:
292:
286:
276:
274:
273:
266:
256:
255:
239:
237:
236:
227:Operating income
219:
213:
212:
124:
122:
117:
56:
49:
21:
1000:
999:
995:
994:
993:
991:
990:
989:
920:
919:
918:
913:
902:
882:
859:
852:
847:
800:
768:
767:
764:
759:
758:
749:
748:
744:
734:
732:
727:
726:
722:
713:
712:
708:
689:
685:
667:
666:
662:
658:, Feb. 16, 2011
654:
650:
643:
639:
631:
627:
617:
615:
599:
598:
594:
589:. July 8, 2004.
585:
584:
580:
570:
568:
551:
550:
546:
532:
528:
518:
516:
508:
507:
503:
498:
485:
469:
429:
402:to stay out of
355:
331:Tulsa, Oklahoma
312:
301:
282:
269:
262:
249:
232:
229:
214:
201:
177:
167:
158:Tulsa, Oklahoma
156:
145:
141:Miller Williams
120:
118:
115:
96:
75:
42:
35:
28:
23:
22:
15:
12:
11:
5:
998:
996:
988:
987:
982:
977:
972:
967:
962:
957:
952:
947:
942:
937:
932:
922:
921:
915:
914:
907:
904:
903:
901:
900:
893:
891:
884:
883:
881:
880:
874:
867:
865:
861:
860:
848:
846:
845:
838:
831:
823:
817:
816:
807:
801:
799:
798:
793:
788:
783:
777:
774:
763:
762:External links
760:
757:
756:
742:
720:
706:
683:
660:
648:
637:
625:
592:
578:
544:
542:, May 2, 2013.
526:
500:
499:
497:
494:
484:
481:
468:
465:
428:
425:
400:Warren Buffett
378:brand identity
367:David Williams
354:
351:
322:
321:
310:
306:
305:
302:
299:
296:
295:
287:
279:
278:
267:
259:
258:
250:
245:
242:
241:
230:
225:
222:
221:
218:10.965 billion
207:
203:
202:
200:
199:
196:
192:
190:
186:
185:
178:
175:
172:
171:
168:
165:
162:
161:
151:
147:
146:
144:
143:
138:
136:David Williams
132:
130:
126:
125:
112:
108:
107:
102:
98:
97:
95:
94:
88:
78:
76:
71:
68:
67:
65:Public company
62:
58:
57:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
997:
986:
983:
981:
978:
976:
973:
971:
968:
966:
963:
961:
958:
956:
953:
951:
948:
946:
943:
941:
938:
936:
933:
931:
928:
927:
925:
912:
911:
905:
898:
895:
894:
892:
889:
885:
878:
875:
872:
869:
868:
866:
862:
856:
851:
844:
839:
837:
832:
830:
825:
824:
821:
815:
811:
808:
805:
802:
797:
794:
792:
789:
787:
784:
782:
779:
778:
775:
771:
766:
765:
761:
752:
746:
743:
730:
724:
721:
716:
710:
707:
703:
699:
698:
693:
687:
684:
679:
675:
671:
664:
661:
657:
652:
649:
646:
641:
638:
634:
629:
626:
613:
609:
608:
603:
596:
593:
588:
582:
579:
567:
563:
559:
555:
548:
545:
541:
540:
539:The Oklahoman
535:
530:
527:
515:
511:
505:
502:
495:
493:
489:
482:
480:
477:
473:
466:
464:
462:
458:
454:
450:
446:
442:
438:
434:
426:
424:
421:
415:
411:
409:
405:
401:
397:
393:
388:
385:
381:
379:
374:
372:
368:
364:
360:
352:
350:
348:
344:
340:
336:
332:
328:
319:
311:
307:
303:
297:
288:
285:
280:
268:
265:
260:
251:
248:
243:
231:
228:
223:
217:
208:
204:
197:
194:
193:
191:
187:
183:
179:
173:
170:North America
169:
163:
159:
155:
152:
148:
142:
139:
137:
134:
133:
131:
127:
113:
109:
106:
103:
99:
92:
89:
87:
83:
80:
79:
77:
74:
69:
66:
63:
59:
55:
50:
44:
40:
33:
19:
908:
876:
853:(within the
813:
745:
733:. Retrieved
723:
709:
695:
690:Jeff Smith,
686:
678:the original
674:Deseret News
673:
663:
651:
640:
628:
616:. Retrieved
612:the original
605:
595:
581:
569:. Retrieved
557:
547:
537:
529:
519:December 16,
517:. Retrieved
513:
504:
490:
486:
474:
470:
456:
430:
416:
412:
389:
386:
382:
375:
358:
356:
326:
325:
284:Total equity
277: (2022)
264:Total assets
240: (2022)
220: (2022)
150:Headquarters
61:Company type
43:
864:Fortune 500
791:SEC filings
735:January 23,
607:Tulsa World
483:Restatement
451:& then
437:fiber optic
396:Enron Corp.
361:in 1908 by
347:S&P 500
343:Fortune 500
335:natural gas
198:natural gas
166:Area served
91:S&P 500
924:Categories
618:January 7,
571:August 29,
510:"Williams"
496:References
404:bankruptcy
341:assets. A
247:Net income
176:Key people
781:Bloomberg
566:0099-9660
316:.williams
154:BOK Tower
105:Petroleum
93:component
73:Traded as
897:QuikTrip
449:WorldCom
441:spun off
189:Products
129:Founders
101:Industry
514:Fortune
353:History
309:Website
206:Revenue
119: (
111:Founded
84::
888:Forbes
796:Yahoo!
786:Google
731:. WDRB
564:
363:Miller
160:, U.S.
879:(347)
873:(224)
871:ONEOK
899:(34)
737:2013
620:2014
573:2017
562:ISSN
521:2018
445:LDDS
365:and
318:.com
216:US$
121:1908
114:1908
82:NYSE
812:at
453:MCI
369:in
314:www
195:Oil
182:CEO
86:WMB
926::
694:,
672:.
604:.
560:.
556:.
536:,
512:.
463:.
349:.
857:)
842:e
835:t
828:v
753:.
739:.
717:.
704:.
622:.
575:.
523:.
184:)
123:)
41:.
34:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
