The Williams Companies (WMB) Q4 2022 Earnings Call Transcript

For the period ending December 31, 2022

February 21, 2023 8:30 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Danilo Juvane - Vice President, IR

Good morning, everyone. Now we're gonna get started here. I know that some people are still coming in. But in the interest of time, we'll try to get show going here because there are people that will be joining us virtually. So I'm Danilo Juvane , Vice President of Investor Relations in ESG. Again, thank you for joining us and of course, thanks for those that are joining us virtually as well. Definitely great to have people continue to come here and after a couple of years of not being able to do this because of the pandemic.

Presenting from Williams today will be our president CEO Alan Armstrong, our Chief Operating Officer Michael Dunn, our Chief Financial Officer, John Porter. Our chief excuse me, our Chief Financial Officer John Porter, and our Executive Vice President of Corporate strategic development, Chad Zamarin. During the q&a session, we will also be joined by our the rest of our executive team and that will comprise of Lane Wilson, our General Counsel and be common our Chief Human Resources Officer. As you can see from our agenda this morning, we have a lot to cover with you. And we will power through the entire presentation prior to get into the q&a session at the at the end. Finally, in our presentation materials, you'll find disclaimers related to forward looking statements. The disclaimer is important and integral to our remarks and you should review it. So with that we'll get our show started here.

[Background music and advertisements]

Alan Armstrong - President and CEO

Good morning, everyone. It's great to see everybody here this morning and I'll just give you a really good piece of advice. Don't shake my hand this morning. I contracted a stomach bug yesterday. So I'm going to keep my distance from the end. You'll do yourself a favor keeping your distance but it really is great to have everybody here this morning. We've got a great story to tell and I really look forward to doing that and I apologize for not being able to spend some time with you socially but I will assure you that that's to your benefit this morning.

So first of all, I just want to get into an overview here of what we're going to talk about today. And this these are the topics it really about the golden age of natural gas as we mentioned, and I'm going to go through today some things that you've probably heard before, but I'm going to put some more specific examples around it to make it come to life for you a little bit. Both in terms of what a powerful tool natural gas is. And what it's going to mean to electrification within the US as well as the amount of great amount of resources and supplies that we have in the US low cost supplies actually.