CEO Alan Armstrong sees the acquisition as an opportunity fo...
CEO Alan Armstrong sees the acquisition as an opportunity for Williams to increase its capacity to serve rising LNG demand and electrification needs, mainly from data centers along the Transco corridor. Increased natural gas storage needs driven by renewables adoption and growing U.S. gas demand are anticipated to prompt significant earnings growth across these assets.
Press Release: Williams Announces Acquisition of Strategic Gulf Coast Natural Gas Storage Portfolio With Direct Access to LNG Export Facilities and Interstate Pipelines
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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