Second Quarter 2011 Earnings Alan Armstrong, Chief Executive Officer and Travis Campbell, Vice President Investor Relations August 8, 2011 2011 The Williams Companies, Inc. All rights reserved.
Oil and gas reserves and resource potential disclaimer The SEC requires oil and gas companies, in filings made with the SEC, to disclose proved reserves, which are those quantities of oil and gas, which, by analysis of geoscience and…
Highlights Unlocking value Creating separate exploration and production company On track for 3Q IPO; tax-free spinoff no later than 1Q 2012 Premier energy infrastructure company Right assets, right markets, right strategy MLP…
34% higher 2Q adjusted segment profit Williams Partners q 129 million growth in adjusted segment profit up 37% q Marcellus volumes continue growing q Higher NGL per-unit margins q NGL production volumes up 11% q NGL equity volumes…
Affirming strong growth outlook Guidance Midpoint (white dash) 2010 Actual Results Notes: Adjusted EPS and adjusted segment profit are non-GAAP measures. Reconciliations to the most relevant measures included in GAAP are…
Expect to invest 4.7 billion in growth Growth Projects Dominate Spending 2011-2012 2011 2012 Williams Partners Midstream Canada & Olefins Exploration & Production Notes: Based on midpoint of guidance. Dollars in millions and…
WPZ Midstream Gas & Liquids Expect to see WPZ Midstream growth capex above current guidance Dollars in millions In guidance + Under negotiation + Potential In guidance + Under negotiation In guidance (2011 through 2015) (2011…
WPZ Gas Pipeline Growth: 1.3 billion in guidance; another 1.7 billion potential N Seattle Lateral NE Connector/ Nov. 12 Rockaway Lateral As early as April 14 S Seattle Lateral NE Supply Link Nov. 12 Nov. 13 Atlantic…
Midstream Canada & Olefins Extraordinary growth outlook for Canada, Olefins Dollars in millions In guidance + Under negotiation + Potential In guidance + Under negotiation In guidance (2011 through 2015) (2011 through 2015) (2011…
Unlocking value, seizing growth Unlocking value Creating separate exploration and production company On track for 3Q IPO; tax-free spinoff no later than 1Q 2012 Premier energy infrastructure company Right assets, right markets,…
2011 The Williams Companies, Inc. All rights reserved.
WMB Non-GAAP Reconciliations 2011 The Williams Companies, Inc. All rights reserved.
WMB Non-GAAP Reconciliations WMB non-GAAP reconciliation schedule Reconciliation of Income (Loss) from Continuing Operations Attributable to The Williams Companies, Inc. to Adjusted Income (UNAUDITED) 2010 2011 (Dollars in…
WMB Non-GAAP Reconciliations Does not reflect E&P separation Segment profit guidance reported to adjusted Dollars in millions 2011 Guidance 2012 Guidance Low Midpoint High Low Midpoint High Reported segment profit: Williams…
WMB Non-GAAP Reconciliations Does not reflect E&P separation Reconciliation of forecasted reported income from continuing operations to adjusted income from continuing operations Dollars in millions 2011 Guidance 2012 Guidance…
2011 The Williams Companies, Inc. All rights reserved.