By Adriano Marchese

Williams' fourth-quarter profit rose, benefiting from pipeline transmission and offshore projects that came online throughout last year.

The energy infrastructure company on Tuesday posted a higher net income of $733 million, or 60 cents a share, compared with $485 million, or 40 cents a share, in the same quarter a year ago.

Adjusted earnings were 55 cents a share, missing forecasts of 57 cents a share, according to analyst expectations on FactSet.

Available funds from operations were $1.65 billion, up from $1.34 billion.

Looking ahead, the company has set a target range for 2026 adjusted earnings before interest, taxes, depreciation and amortization--a metric which strips out exceptional and other one-off items--of between $8.05 billion to $8.35 billion. The range represents a 6% increase from 2025 levels at the midpoint, it said. Analysts expect adjusted Ebitda of $8.26 billion.

Chief Executive Chad Zamarin said growth for the current year is supported by its pipeline transmission and offshore projects which came online in 2025, as well as expected revenues from a partial year of its first power innovation project expected to come online in the latter half of 2026.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

February 10, 2026 08:43 ET (13:43 GMT)

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