Williams, WPX Chalk Up Progress on Transco Expansions, Permian Exploration
Williams, WPX Chalk Up Progress on Transco Expansions, Permian Exploration
SUGAR LAND--November 3, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Williams Companies (NYSE:WMB) (Tulsa, Oklahoma), its master limited partnership Williams Partners (NYSE:WMZ), and WPX Energy Incorporated (NYSE:WPX), an exploration and production company that spun off from Williams in 2011, saw overall declines in earnings after they spent the past year shedding their less profitable assets and reducing their exposure to commodities. But WMB and WMZ are making solid progress on expansions to the Transco Natural Gas Pipeline, while WPX is growing in a prosperous shale play. Industrial Info is tracking $3.1 billion in active projects involving the three companies, including more than $2 billion nearing or under construction.
Within this article: Details on some of the highest-valued projects involving WMB, WMZ and WPX, including expansions to the Transco system and developments in the Permian Basin.
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