Williams (WMB) reported second-quarter 2026 GAAP net income of $827 million, or $0.68 per diluted share, up 51% from the prior-year quarter. Total revenue for the quarter was $3.053 billion, according to the company’s consolidated statement of income.
The company also announced an agreement to acquire Momentum Midstream in a transaction valued at up to $5.5 billion and raised the midpoint of its 2026 adjusted EBITDA guidance to $8.4 billion, reflecting the acquisition.
- Second-quarter adjusted EBITDA was $1.921 billion, up 6% from 2Q 2025.
- Cash flow from operations was $1.376 billion, while available funds from operations were $1.450 billion.
- Momentum Midstream adds more than 4,000 miles of pipe, over 1 million dedicated acres and combined gathering capacity of 6 Bcf/d.
- Williams now expects 2026 adjusted EBITDA of $8.3 billion to $8.5 billion and growth capex of $7.3 billion to $7.9 billion.
- Announced expansion projects include Delta Access, expected in first-quarter 2029, and Shelby Trough Connector, expected in second-quarter 2028.
$WMB Insider Trading Activity
$WMB insiders have traded $WMB stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $WMB stock by insiders over the last 6 months:
- JOHN DEAN PORTER (EVP & CFO) sold 50,000 shares for an estimated $3,768,280
- TERRANCE LANE WILSON (SVP & General Counsel) has made 0 purchases and 7 sales selling 39,000 shares for an estimated $2,839,220.
- LARRY C LARSEN (Executive Vice President & COO) sold 12,000 shares for an estimated $917,820
- MARY A. HAUSMAN (VP Chief Accounting Officer) sold 10,107 shares for an estimated $757,115
- TODD J. RINKE (Senior Vice President) sold 7,364 shares for an estimated $547,807
- PAYVAND FAZEL (Senior Vice President) sold 2,898 shares for an estimated $211,988
- GLEN G. JASEK (Senior Vice President) has made 0 purchases and 2 sales selling 2,500 shares for an estimated $195,383.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WMB Hedge Fund Activity
We have seen 839 institutional investors add shares of $WMB stock to their portfolio, and 728 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 14,032,435 shares (-37.8%) from their portfolio in Q1 2026, for an estimated $1,021,280,619
- STATE STREET CORP added 5,007,302 shares (+7.4%) to their portfolio in Q1 2026, for an estimated $364,431,439
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 4,695,435 shares (+inf%) to their portfolio in Q2 2026, for an estimated $349,058,637
- BLACKROCK, INC. added 4,038,218 shares (+3.7%) to their portfolio in Q1 2026, for an estimated $293,901,506
- QUBE RESEARCH & TECHNOLOGIES LTD added 3,845,078 shares (+inf%) to their portfolio in Q1 2026, for an estimated $279,844,776
- SG AMERICAS SECURITIES, LLC removed 3,050,890 shares (-82.4%) from their portfolio in Q1 2026, for an estimated $222,043,774
- ALYESKA INVESTMENT GROUP, L.P. removed 2,121,737 shares (-63.7%) from their portfolio in Q1 2026, for an estimated $154,420,018
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$WMB Congressional Stock Trading
Members of Congress have traded $WMB stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WMB stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG sold up to $25,000,000 on 06/24.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 02/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
