Williams: brands it owns and its ownership tree
Williams (NYSE: WMB) is a publicly listed company headquartered in Tulsa, United States that owns 3 consumer brands.[1][2]
Williams says in its 2025 Form 10-K that it was founded in 1908, is headquartered in Tulsa, Oklahoma, and owns an interest in and operates over 32,000 miles of pipelines. The filing describes Transco, Northwest Pipeline and MountainWest as its interstate natural gas transmission businesses, alongside gathering and processing and NGL operations.
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brands owned
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- The Williams Companies, Inc. (also Williams Companies)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Tulsa, United States
- Founded
- 1908
- Tickers
- NYSE: WMB
- Revenue
- $14.9 billion (2025)[2]
- SEC CIK
- 0000107263
- Last verified
- · 2 sources
What Williams's annual report says about its business
Read from Williams's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Transmission, Power & Gulf:
Williams' interstate natural gas pipelines, which are presented in the Transmission, Power & Gulf segment as described under the heading "Business Segments," are subject to regulation by the FERC and as such, rates and charges for the transportation of natural gas in interstate commerce are subject to regulation.
- Northeast G and West:
Williams' gathering, treating, and processing operations are presented within the Transmission, Power & Gulf; Northeast G and West reporting segments, as described under the heading "Business Segments."
- Gas & NGL Marketing Services, Northeast G West:
Williams' operations are conducted, managed, and presented in Part I of this Annual Report within the following reportable segments: Transmission, Power & Gulf; Northeast G West; and Gas & NGL Marketing Services.
Acquisitions and disposals named in the filing
- Acquired: Gulfstar One LLC (Gulfstar One) floating production system (FPS) (December 2025).
Williams' previously owned a 51 percent interest in Gulfstar One LLC (Gulfstar One) floating production system (FPS) and acquired ownership of the remaining interest in December 2025.
- Acquired: Louisiana LNG LLC (October 2025); Driftwood Pipeline LLC (October 2025).
In October 2025, Williams closed on various agreements with the same counterparty to acquire a 10 percent equity-method investment in Louisiana LNG LLC (Louisiana LNG), which is developing a fully permitted LNG export facility, and an 80 percent interest in Driftwood Pipeline LLC (Driftwood Pipeline), which is constructing a fully permitted greenfield pipeline, Line 200, connecting to multiple other pipelines, including Transco and Louisiana Energy Gateway, to supply the LNG facility.
- Acquired: Crowheart Energy, LLC (November 2024).
In November 2024, Williams closed on the acquisition of the third-party operator Crowheart Energy, LLC.
- Acquired: Cogentrix Co-Investment Fund, LP (Cogentrix) (March 2025).
In March 2025, Williams purchased a minority interest in Cogentrix Co-Investment Fund, LP (Cogentrix) which is accounted for as an equity-method investment within the Gas & NGL Marketing Services segment.
Williams in numbers
- Williams owns 3 consumer brands tracked here across 1 top-level categories; the largest is energy with 3 brands.[1]
Williams financial history
Headline figures from Williams's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $7.65bn to $14.9bn, an average of 14.3% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $14.9bn | $4.2bn | 28.2% | $2.62bn | $58.6bn | — | 10-K | |
| $12.6bn | $3.34bn | 26.4% | $2.23bn | $54.5bn | — | 10-K | |
| $12bn | $4.31bn | 35.9% | $3.18bn | $52.6bn | — | 10-K | |
| $17.8bn | $3.02bn | 17.0% | $2.05bn | $48.4bn | — | 10-K | |
| $12.8bn | $2.63bn | 20.6% | $1.52bn | $47.6bn | — | 10-K | |
| $7.65bn | $2.2bn | 28.8% | $211m | $44.2bn | — | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Williams owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Williams SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Entry into a material agreement | |
| 8-K | Regulation FD disclosure; Other events | |
| 8-K | Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers; Results of a shareholder vote; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of operations and financial condition |
Frequently asked questions
What brands does Williams own?
Williams owns 3 consumer brands tracked here, including Northwest Pipeline, Transco and MountainWest.
Is Williams an American company?
Yes. Williams is headquartered in Tulsa, United States and was founded in 1908.
Who owns Williams?
Williams is a publicly listed company owned by its shareholders; it trades as WMB on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] The Williams Companies, Inc. Annual Report on Form 10-K filed 2026-02-24 — SEC EDGAR, SEC Form 10-K, published 24 February 2026; retrieved 5 October 2026.
- [2] The Williams Companies, Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 24 February 2026; retrieved 5 October 2026.
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