Williams Companies, Inc. (the) · NYSE:WMB
Williams Companies, Inc. (the) — Merger or Acquisition (December 2012)
9 slides from Williams Companies, Inc. (the)'s merger presentation, Dec 12, 2012
Slide 1: Williams agrees to make strategic investment in Access GP and ACMP
Exhibit 99.1 Williams agrees to make strategic investment in Access GP and ACMP Investor Conference Call December 11, 2012 Alan Armstrong, Chief Executive Officer Don Chappel, Chief Financial Officer © 2012 The Williams Companies, Inc. All rights reserved.
Slide 2: Forward-looking statements
Forward-looking statements The reports, filings, and other public announcements of The Williams Companies, Inc. may contain or incorporate by reference statements that do not directly or exclusively relate to historical facts. Such statements are "forward-looking statements" within the meaning of Se
Slide 3: Forward-looking statements continued
Forward-looking statements continued > The impact of operational and development hazards; > Costs of, changes in, or the results of laws, government regulations (including safety and climate change regulation and changes in natural gas production from exploration and production areas that we serve),
Slide 4: Today's announcement
Today’s announcement Williams to invest up to $2.4 billion Acquiring 50% Interest in Access Midstream Partners GP, L.L.C. and Approximately 25% of LP Units of Access expanding scale, basin-diversity, Midstream Partners, LP for up to $2.4 Billion; ACMP to fee-based earnings and growth Acquire Most of
Slide 5: Strategic, transformative transactions
Strategic, transformative transactions WMB acquires GIP’s Fund I Pro Forma Structure holdings in ACMP, including a 50% GP interest and 34.5 million subordinated units Williams GIP Fund II 1 ACMP continues as independent public company with GIP Fund II 50% 50% and WMB as 50-50 owners of Interest Inte
Slide 6: Pro forma WMB corporate structure
Pro forma WMB corporate structure 50% of 100% GP of GP Interest, Interest, IDRs IDRs LP LP 25% 68% This pro forma structure represents Williams after the closing of its acquisition of Access GP and ACMP interests and ACMP’s acquisition of most of Chesapeake’s remaining gathering and processing asset
Slide 7: Pro forma ACMP assets, customers
Pro forma ACMP assets, customers Current ACMP Assets Pro Forma ACMP Assets Pro Forma ACMP Customer Base Chesapeake ExxonMobil Statoil Total Anadarko Shell Mitsui Enervest Source: ACMP © 2012 The Williams Companies, Inc. All rights reserved. 7
Slide 8: Investment adds to Williams' scale, diversity, fee-based cash flow and growth platform
Investment adds to Williams’ scale, diversity, fee-based cash flow and growth platform Pro Forma Williams and ACMP Assets * WMB Olefins Plant and/or Fractionator WMB Pipelines WPZ Fractionator¹ Olefins Plant and/or Fractionator Gas Processing and/or Treatment Plant¹ Spars NGL Storage LNG Storage¹ Un
Slide 9: Strategic, value-creating transactions
Strategic, value-creating transactions > Large-scale, market-leading positions with fee-based revenues and primarily low-risk cost-of-service contracts > Significantly diversifies Williams’ portfolio > Adds to long-term growth platform > Affirming 20% annual dividend growth for 2013-14 > Expect rapi
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