Williams Companies


Williams Companies

Infobox_Company
company_name = The Williams Companies, Inc.
company_
company_type = Public
company_slogan = A tradition America can count on.
foundation = Fort Smith, Arkansas, 1908
location = Tulsa, Oklahoma, U.S.
key_people = Steven J. Malcolm, CEO
industry = Energy marketing and trading
Natural gas pipelines
Energy services
num_employees = 3,913
products = oil & natural gas
revenue = $12.6 billion USD ( 2005)
homepage = [http://www.williams.com/ www.williams.com]

The Williams Companies, Inc. (NYSE|WMB) is an energy company based in Tulsa, Oklahoma. Its core business is natural gas exploration, production, processing, and transportation, with additional petroleum and electricity generation assets. A Fortune 200 company, its common stock is a component of the S&P 500 and the Dow Jones Utility Average.

History

It was founded as Williams Brothers in 1908 by Miller and David Williams in Fort Smith, Arkansas, and soon expanded to building nationwide pipelines for natural gas and petroleum. The company relocated to Tulsa in 1919.

The company went public in 1957 under the Williams Brothers name. As it diversified in the 1970s, it was renamed The Williams Companies, Inc. Since 1997, their brand identity has been simplified to "Williams".

In 1966, Williams bought the then-largest petroleum products pipeline in America, known as the Great Lakes Pipe Line Company, for about $287 million. In 1982, it expanded into natural gas transportation with the purchase of Northwest Energy Company, and extended their reach to the East Coast with the 1995 purchase of Transco Energy Company.

In 2001, Williams acquired Barrett Resources, which provided them with additional national gas reserves.

Telecommunications

The company helped to get the modern telecommunications industry off the ground by running fiber optic cable through its decommissioned pipelines. It built two nationwide networks which have since become their own companies; the first was sold in 1995 to LDDS (which would become WorldCom and then MCI) and the second was spun off in 2001 as Williams Communications (which would become WilTel Communications and later consolidate into Level 3).

External links

* [http://www.williams.com/index.asp Official site]
* [http://www.hoovers.com/williams-companies/--ID__11638--/free-co-factsheet.xhtml Hoovers summary]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Williams Companies — Тип …   Википедия

  • Williams Companies — Logo de Williams Création 1908 Dates clés 1957: Introduction en bourse Fondate …   Wikipédia en Français

  • Williams Companies — The Williams Companies, Inc. Rechtsform Corporation ISIN US9694571004 Gründung …   Deutsch Wikipedia

  • Williams — can refer to:People*Williams (surname), a surname Welsh in origin, 3rd most common in the United Kingdom *see also|List of people with surname WilliamsPlacesUnited States;Communities *Williams, Arizona *Williams, California *Williams, Indiana, in …   Wikipedia

  • Williams — ist ein häufiger Familienname, siehe Williams (Familienname) Williams heißen die Orte Williams (Arizona) Williams (Indiana) Williams (Iowa) Williams (Kalifornien) Williams (Louisiana) Williams (Minnesota) Williams (South Carolina) Williams… …   Deutsch Wikipedia

  • Companies listed on the New York Stock Exchange (W) — New York Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W …   Wikipedia

  • Williams & Glyn's Bank — Limited Former type Subsidiary undertaking Industry Financial Services Fate Merger with parent Successor Royal Bank …   Wikipedia

  • Williams Electric Trains — is an American toy train and model railroad manufacturer, based in Columbia, Maryland. That was recently sold to Bachmann Industries in October 2007.It was founded in 1971 by Jerry Williams as a maker of reproductions of vintage Lionel and Ives… …   Wikipedia

  • Williams Omnibus Bus Line — Williams Omnibus Bus Lines was the first mass transportation system in the old City of Toronto, Canada with four six passenger buses. Established in 1849 by local cabinetmaker Burt Williams, it consisted of horse drawn stagecoaches operating from …   Wikipedia

  • Williams & Guion Black Star Line — was a New York City based steamship line.This steamship line was established in the 1840s by John Stanton Williams and William H. Guion. It began running a New York City to Liverpool line in 1851. Along with Grinnell and Minturn and the Black… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.