Williams Companies - WMB- Profile

Williams Companies, Inc. (The). The Group's principal activities are to find, produce, gather, process and transport natural gas. The Group operates in four segments: Gas Pipelines, Exploration and Production, Midstream gas and Liquids and Power. Gas pipeline segment consists of two interstate natural gas pipeline systems as well as investments in natural gas pipeline-related companies. Exploration and Production segment includes natural gas exploration, production gas management activities in Rocky Mountain and Mid Continent regions of the United States and Argentina. Midstream Gas and Liquids segment owns and operates gas gathering and processing facilities in the United States. Power segment is an energy services provider that buys, sells, stores, and transports a full suite of energy-related commodities, including power, natural gas, crude oil, refined products and emission credits, primarily on a wholesale level. Power acctd for 60% of 2005 gross revenues; Midstream Gas & Liquids, 22%; Gas Pipelines, 9%; Explrn & Prodn, 8% & Others, 1%