Risk factors

Williams Companies (WMB) risk factors

Item 1A of every Williams Companies, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    38 risks3 new2 dropped3 reworded

    Williams Companies added specific risk disclosures concerning power innovation projects for data centers, ongoing legal proceedings, and climate change regulations.

    Filed Feb 24, 2026
  • FY2024 10-K risk factors
    37 risks

    Williams Companies faces heavy exposure to natural gas and NGL commodity price volatility and third-party production levels. Pipeline expansions and operations encounter persistent opposition from environmental and local groups. Capital access is threatened by financial institutions restricting fossil fuel investments and rising interest rates.

    Filed Feb 25, 2025