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Encyclopedia > Williams Companies
The Williams Companies, Inc.
Type Public
Founded {{{foundation}}}
Location Tulsa, Oklahoma, USA
Key people Steven J. Malcolm, CEO
Industry Energy marketing and trading
Natural gas pipelines
Energy services
Products oil & natural gas
Revenue $12.4 billion USD ( image:green up.png26% FY 2004)
Website www.williams.com

The Williams Companies, Inc. NYSE: WMB is a Fortune 500 oil & gas pipelines company based in Tulsa, Oklahoma. A public company is a company owned by the public. ... Tulsa is the second-largest city in Oklahoma, USA. As of the revised 2004 census report, the city had a total population of 387,807, with 930,842 in the greater metro area. ... For the tax agency in the UK of the same name , see HM Revenue and Customs. ... The United States dollar, or American dollar, is the official currency of the United States. ... Green up arrow for a positive change in revenue from last fiscal year. ... A fiscal year or financial year is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ... The front page of the English Wikipedia website. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... Tulsa is the second-largest city in Oklahoma, USA. As of the revised 2004 census report, the city had a total population of 387,807, with 930,842 in the greater metro area. ...


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. Fort Smith, situated at the junction of the Arkansas and Poteau rivers, is a city and one of the two county seats of Sebastian County, Arkansas. ... Natural gas (commonly refered to as gas in many countries) is a gaseous fossil fuel consisting primarily of methane. ... Nodding donkey pumping an oil well near Sarnia, Ontario, 2001 Petroleum (from Latin petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or greenish liquid. ...


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". Diversification - Wikipedia /**/ @import /skins/monobook/IE50Fixes. ... This article provides extensive lists of events and significant personalities of the 1970s. ... This article is about brands in marketing. ...


Expansion

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 (now WilTel Communications). Telecommunication is the extension of communication over a distance. ... Fiber Optic strands An optical fiber in American English or fibre in British English is a transparent thin fiber for transmitting light. ... MCI, Inc. ... WilTel Communications (formerly known as Williams Communications, which was formerly part of The Williams Companies, Inc) is a telco and Tier 1 Internet Service Provider with its own MPLS-enabled OC-192 optical wave division multiplexing backbone network. ...


External links

  • Official site
  • Hoovers summary

  Results from FactBites:
 
Williams (110 words)
We’re an integrated natural gas company that believes ingenuity drives progress.
With reserves in some of North America's richest basins, Williams is a leading producer of clean-burning natural gas.
With thousands of miles of pipeline across the United States, Williams delivers about 12 percent of the nation's daily supply of natural gas.
  More results at FactBites »


 

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