8-KEarnings & ResultsOther EventsExhibits & Filings

WILLIAMS COMPANIES, INC. 8-K Report, Financial Results (Feb 23, 2005)

Filed February 23, 2005For Securities:WMB

Summary

This Form 8-K filing from The Williams Companies, Inc. (WMB), dated February 23, 2005, primarily serves to furnish information regarding the company's financial results for the fourth quarter and full year ended December 31, 2004. Investors are provided with access to a press release detailing these results, as well as an accompanying slide presentation used for a public conference call. The filing also highlights a significant development in the company's natural gas reserves. The company announced that its domestic and international proved natural gas reserves increased to 3.2 trillion cubic feet equivalent as of December 31, 2004. Importantly, Williams reported replacing 100% of its 2004 U.S. natural gas production of 191 billion cubic feet equivalent, achieving a replacement ratio of 248%. This indicates a strong performance in reserve replacement, a key metric for energy companies.

Key Highlights

  • 1Williams Companies announced its fourth quarter and year-end 2004 financial results on February 23, 2005.
  • 2The company's domestic and international proved natural gas reserves reached 3.2 trillion cubic feet equivalent as of December 31, 2004.
  • 3Williams successfully replaced 248% of its 2004 U.S. natural gas production.
  • 4The filing includes a press release with detailed financial results for Q4 and FY 2004.
  • 5A slide presentation used during a public conference call and webcast is also furnished.
  • 6This information is furnished, not filed, and is not subject to liability under Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The 8-K filing on February 23, 2005, announces that Williams Companies issued a press release detailing its fourth quarter and year-end 2004 financial results. The specific financial figures are available in Exhibit 99.1, which is the press release itself.

As of December 31, 2004, Williams Companies reported an increase in its domestic and international proved natural gas reserves to 3.2 trillion cubic feet equivalent. The company also announced it replaced 248% of its 2004 U.S. natural gas production.

More detailed information can be found in the exhibits furnished with this Form 8-K. Specifically, Exhibit 99.1 contains the press release with Q4 and year-end 2004 financial results, and Exhibit 99.2 is a slide presentation used during a public conference call. Exhibit 99.3 details the natural gas reserve replacement.

No, the information provided in this Form 8-K, including the press release and slide presentation, is furnished pursuant to Item 2.02 and Item 8.01. It is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section.