Williams Partners LP 4Q11 Earnings Release
Wednesday, February 22 – after market close
Wells Fargo Energy Symposium
Williams Partners LP 3Q11 Earnings Release
Tuesday, November 1, 2011 – after market close Presentation with CEO audio commentary
Presentation with CEO audio commentary podcast
Analyst Call
Wednesday, November 2, 2011
Presentation Archive:
These archived analyst conference calls speak only as of the date of such call. We have not undertaken to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Williams Analyst Day
Tuesday, Sept. 20, 2011
Williams Partners LP 2Q11 Earnings Release
Wednesday, August 3, 2011 - after market close
Analyst Call
Williams Partners LP 1Q11 Earnings & Analyst Call/Webcast
Wednesday, May 4, 2011
Conference Call
Thursday, May 5, 2011
Webcast
Williams Partners LP 4Q10 Earnings Release & Conference Call
Thursday, February 17, 2011
FORWARD LOOKING STATEMENTS:
Williams Partners L.P. is a limited partnership formed by The Williams Companies, Inc. (Williams). Our reports, filings, and other public announcements might contain or incorporate by reference forward-looking statements - statements that do not directly or exclusively relate to historical facts. You typically can identify forward-looking statements by the use of forward-looking words such as "anticipate," believe," "could," "continue," "estimate," "expect," "forecast," "may," "plan," "potential," "project," "schedule," "will," and other similar words. These statements are based on our intentions, beliefs, and assumptions about future events and are subject to risks, uncertainties, and other factors. Actual results could differ materially from those contemplated by the forward-looking statements. In addition to any assumptions and other factors referred to specifically in connection with such statements, other factors could cause our actual results to differ materially from the results expressed or implied in any forward- looking statements. Those factors include, among others:
- We may not have sufficient cash from operations to enable us to pay the minimum distribution following establishment of cash reserves and payment of fees and expenses,including payments to our general partner.
- Because of the natural decline in production from existing wellsand competitive factors, the success of our gathering and transportation businesses depends on our ability to connect new sources of natural gas supply, which is dependent on factors beyond our control. Any decrease in supplies of naturalgas could adversely affect our business and operating results.
- Lower natural gas and oil prices could adversely affect our fractionation and storage businesses.
- Our processing, fractionation and storage businesses could be affected by any decrease in the price of natural gas liquids (NGLs) or a change in NGL prices relative to the price of natural gas.
- We depend on certain key customers and producers for a significant portion of our revenues and supply of natural gas andNGLs. The loss of any of these key customers or producers could result in a decline in our revenues and cash available to pay distributions.
- If third-party pipelines and other facilities interconnected to our pipelines and facilities become unavailable to transport natural gas and NGLsor to treat natural gas, our revenues and cash available to paydistributions could be adversely affected.
- We do not own all of the interests in Wamsutter, the Conway fractionatoror Discovery, which could adversely affect our ability to operate and control these assets in a manner beneficial to us.
- Our results of storage and fractionation operations are dependent upon the demand for propane and other NGLs. A substantial decrease in this demand could adversely affect our business and operating results.
- Discovery and Wamsuttermay reduce their cash distributions to us in some situations.
- Discovery's interstate tariff rates and terms and conditions are subject to review and possible adjustment by federal regulators and are subject to changes in policy by federal regulators, which could have a material adverse effect on our business and operating results.
- Our operations are subject to operational hazards and unforeseeninterruptions for which we may not be adequately insured.
- We do not operate all of our assets. This reliance on others tooperate our assets and to provide other services could adversely affect our business and operating results.
- Our partnership agreement limits our general partner's fiduciary duties to our unitholdersand restricts the remedies available to unitholdersfor actions taken by our general partner that might otherwise constitute breaches of fiduciary duty.
- Williams'public indentures and our credit facility contain financial andoperating restrictions that may limit our access to credit. In addition, our ability to obtain credit in the future will be affected by Williams'credit ratings.
- Our future financial and operating flexibility may be adversely affected by restrictions in our debt agreements and by our leverage.
- We may not be able to grow or effectively manage our growth.
- We have a holding company structure in which our subsidiaries conduct our operations and own our operating assets, which may affect our ability to make payments on our debt obligations and distributions on our common units.
- Common units held by Williams eligible for future sale may have adverse effects on the price of our common units.
- Williams controls our general partner, which has sole responsibility for conducting our business and managing our operations. Our general partner and its affiliates have conflicts of interest with us and limited fiduciary duties and they may favor their own interests to the detriment of our unitholders.
- Even if unitholdersare dissatisfied, they currently have little ability to remove our general partner without its consent.
In light of these risks, uncertainties, and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investors are urged to closely consider the disclosures and risk factors in our reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission from our offices or from our website at www.williamslp.com. |
