Williams Partners Cuts Planned 2016 Capital and Investment Expenditures by $1 Billion
Williams Partners Cuts Planned 2016 Capital and Investment Expenditures by $1 Billion
SUGAR LAND--January 26, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Interstate pipelines owner and natural gas giant Williams Partners LP (NYSE: WPZ) (Tulsa, Oklahoma), along with The Williams Companies Incorporated (NYSE: WMB) (Tulsa), said it has cut its planned capital growth funding for 2016 to $2 billion from its previous target of $3 billion as result of low commodity prices and higher capital costs. Industrial Info is tracking 139 active Williams Partners-related projects valued at $7.67 billion. Within this article: Williams Partners LP's planned capital expenditures for 2016.
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