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WMB Williams Companies Inc

38.34
-0.87 (-2.22%)
After Hours
Last Updated: 22:07:55
Delayed by 15 minutes
Share Name Share Symbol Market Type
Williams Companies Inc NYSE:WMB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.87 -2.22% 38.34 39.16 38.34 39.16 7,907,239 22:07:55

Williams Announces Immediate Support for Hurricane Harvey Relief Efforts, Commitment to Ongoing Support for Employees & the R...

30/08/2017 8:00pm

Business Wire


Williams Companies (NYSE:WMB)
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Williams (NYSE: WMB) today announced it is contributing $500,000 to the United Way of Greater Houston's flood relief fund. The company, which has long supported the United Way in its locations across the United States, is also deploying direct assistance efforts for any of its nearly 900 employees in Houston and surrounding areas in the Gulf who are in need as a result of this unprecedented event.

“Williams has had a major presence in the Houston area for decades and our thoughts and prayers are with all of those affected, and especially our employees and their families, many of whom have deep roots in the community,” said Williams’ President and Chief Executive Officer Alan Armstrong. “While the effects of Hurricane Harvey are still ongoing and uncertain, we are focused on making sure our employees remain safe and are receiving necessary assistance. Additionally, we are committed to supporting the long-term recovery and rebuilding of the Texas Gulf Coast.”

Armstrong said that Williams employees affected by Harvey are being supported through its emergency disaster relief fund, which includes direct assistance for Williams employees with immediate financial needs. Williams employees outside of the affected areas can also contribute directly to the fund to support fellow employees and their families. As part of its corporate charitable giving program, Williams matches contributions made by its employees and its retirees.

Armstrong continued, “In addition to supporting our employees in need, we have many other employees who are joining in volunteer efforts to help their neighbors and communities deal with this unprecedented natural disaster.”

The company will continue to monitor needs in the area and, consistent with its core values and beliefs, will determine other ways to assist throughout the gulf coast region.

About Williams

Williams (NYSE: WMB) is a premier provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams owns approximately 74 percent of Williams Partners L.P. (NYSE: WPZ). Williams Partners is an industry-leading, large-cap master limited partnership with operations across the natural gas value chain including gathering, processing and interstate transportation of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams Partners owns and operates more than 33,000 miles of pipelines system wide – including the nation’s largest volume and fastest growing pipeline – providing natural gas for clean-power generation, heating and industrial use. Williams Partners’ operations touch approximately 30 percent of U.S. natural gas. www.williams.com

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company’s annual and quarterly reports filed with the Securities and Exchange Commission.

WilliamsMedia Contact:Keith Isbell, 918-573-7308orInvestor Contact:Brett Krieg, 918-573-4614

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