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Williams CEO Alan Armstrong was jazzed on yesterday's second quarter update call with analysts. Armstrong said, "We continue to see strong fundamentals driving a great pipeline of growth opportunities, particularly increasing demand for U.S. LNG exports and power generation along the Transco corridor." The mighty Transco pipeline (Transcontinental Gas Pipe Line) is a 10,000-mile pipeline network with a mainline extending approximately 1,800 miles between South Texas and New York City. Most of the gas flowing through Transco comes from the Marcellus/Utica. Net income for Williams was $484 million in 2Q22, up 48% from 2Q21. A big focus for Williams in the near term will be new gas gathering projects in the Marcellus region.
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