Williams Companies Oil and Gas Company Financials and Regulatory Compliance

This document is a quarterly report (Form 10-Q) filed with the United States Securities and Exchange Commission (SEC) by The Williams Companies, Inc., and its wholly-owned subsidiaries, Transcontinental Gas Pipe Line Company, LLC (Transco) and Northwest Pipeline LLC (NWP). It provides a comprehensive overview of their financial performance for the period ending June 30, 2025, including consolidated financial statements, notes to financial statements, and management's discussion and analysis of financial condition and results of operations. The report details revenue streams from natural gas transportation, storage, and product sales, discusses various acquisitions and divestitures, outlines financial risks such as commodity price and interest rate exposures, and confirms the effectiveness of internal controls and procedures. It specifically highlights Modified EBITDA as a key performance metric used by management to assess segment operations and capital allocation.

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