Armstrong

4Q2019 Earnings: Natural Gas-Heavy Plays to Remain ‘Bedrock’ of U.S. Supply, Says Williams

Natural gas prices have taken a beating over the past year, but Tulsa-based midstreamer Williams (WMB) is taking the long view, betting that the market will eventually find balance and that gathering and transportation services will continue to play a critical role in the future energy landscape.

February 20, 2020
Williams, Eyeing NGL Expansion, Still Focused on Natural Gas Growth

Williams, Eyeing NGL Expansion, Still Focused on Natural Gas Growth

Even as it revealed plans for a new natural gas liquids (NGL) expansion aimed at tapping supply from the Rockies and Denver Julesburg-Niobrara, The Williams Companies Inc. this week touted its focus on transporting low-cost natural gas to premium markets as the driver of “solid and predictable growth” in 2018 and beyond.

February 14, 2019

Williams’ Shift to Rich Gas Areas to Drive Volume Growth through 2019

The Williams management team sees increased producer activity in wetter natural gas plays like the Eagle Ford Shale of Texas and the Wamsutter field and portions of the Powder River Basin in Wyoming driving volume growth for the remainder of the year and into 2019, and CEO Alan Armstrong is hinting at several projects set for announcement later this month.

May 3, 2018

Plains All American Looking to Permian For Volume Growth

Natural gas liquids (NGL) margins dinged the first quarter results of Plains All American Pipeline LP, but increasing producer activity, particularly in the Permian Basin, bodes well for growing transportation volumes later this year, the partnership said.

May 10, 2017

Williams 1Q Northeast Gathering Volumes, Earnings Climbed

During the first quarter, Williams Partners LP saw improved net income and adjusted earnings compared with the year-ago quarter. While rough weather caused production freeze-offs in the Rockies, it drove up throughput on Northwest Pipeline. Northeast gathering and processing volumes were up as well.

May 4, 2017

Repsol Claims Largest Onshore Oil Discovery in 30 Years on Alaska’s North Slope

Spain’s Repsol SA and partner Armstrong Energy have made the largest U.S. onshore conventional hydrocarbons discovery in 30 years, in the Nanushuk play in Alaska’s North Slope, Repsol said Friday.

March 10, 2017

After Failed ETE Merger, Williams CEO Survives Coup Attempt

In the wake of a failed merger with Energy Transfer Equity LP (ETE), an apparent attempt to oust CEO Alan Armstrong at the Williams Companies Inc. has failed and led to the resignation of six of its 13 board members, including the chairman.

July 1, 2016

Williams Sees Little Risk in Contract Exposure to Troubled Chesapeake

Williams CEO Alan Armstrong on Thursday downplayed Williams Partners LP’s gathering contract exposure to troubled producer Chesapeake Energy Corp. and said Chesapeake has been paying its bills.

February 18, 2016

Williams Coping With Curtailed Natural Gas Volumes in Appalachia

Williams is preparing for curtailed natural gas volumes from some of its customers in Appalachia because prices are low and there's no expectation on when they may improve, CEO Alan Armstrong said Thursday.

May 1, 2015

Williams Coping With Curtailed Natural Gas Volumes in Appalachia

Williams is preparing for curtailed natural gas volumes from some of its customers in Appalachia because prices are low and there’s no expectation on when they may improve, CEO Alan Armstrong said Thursday.

May 1, 2015
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