Williams Raises 2025 Outlook After Q2 Revenue Beat

Williams Companies reported strong Q2 2025 revenue of $2.78 billion, representing a 19% year-over-year increase and exceeding analyst expectations, though adjusted EPS of $0.46 missed estimates by $0.02. The company achieved notable gains in GAAP EPS and cash flow, completed key infrastructure projects, and raised its annualized dividend to $2.00. Results benefited from higher transportation volumes and recent acquisitions such as Saber Midstream and Crowheart Energy, but rising costs impacted margins. Williams raised its full-year adjusted EBITDA guidance to a range of $7.6–$7.9 billion, reflecting ongoing business strength. The stock has gained over 11% year-to-date and 46% over the past year, despite mixed EPS revisions. Investors are monitoring the company’s outlook and management commentary for future growth signals.