Gas & NGL Marketing Services — Modified EBITDA
Williams Companies Gas & NGL Marketing Services — Modified EBITDA increased by 280.0% to $54M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 390.9%, from $11M to $54M. Over 2 years (FY 2021 to FY 2024), Gas & NGL Marketing Services — Modified EBITDA shows a downward trend with a 137.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate stronger operational performance and cash-generating capability of the marketing business.
Detailed definition
This is the primary measure of the marketing segment's operating profitability, adjusted for non-cash items and specific...
Peer comparison
The standard 'Segment EBITDA' metric used by all major midstream energy companies for performance benchmarking.
wmb_segment_gas_ngl_marketing_services_modified_ebitdaHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8M | -$262M | $183M | $13M | -$282M | $20M | $567M | $68M | $43M | $272M | $101M | -$126M | $11M | -$110M | $152M | -$30M | $54M |
| QoQ Change | — | <-999% | +169.8% | -92.9% | <-999% | +107.1% | >999% | -88.0% | -36.8% | +532.6% | -62.9% | -224.8% | +108.7% | <-999% | +238.2% | -119.7% | +280.0% |
| YoY Change | — | — | — | — | <-999% | +107.6% | >999% | +124.1% | +115.0% | — | -82.2% | -285.3% | -74.4% | -140.4% | +50.5% | +76.2% | +390.9% |
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Frequently Asked Questions
- What is Williams Companies's gas & ngl marketing services — modified ebitda?
- Williams Companies (WMB) reported gas & ngl marketing services — modified ebitda of $54M in Q3 2025.
- How has Williams Companies's gas & ngl marketing services — modified ebitda changed year-over-year?
- Williams Companies's gas & ngl marketing services — modified ebitda increased by 390.9% year-over-year, from $11M to $54M.
- What is the long-term trend for Williams Companies's gas & ngl marketing services — modified ebitda?
- Over 2 years (2021 to 2024), Williams Companies's gas & ngl marketing services — modified ebitda has grown at a 137.4% compound annual growth rate (CAGR), from $22M to -$124M.
- What does gas & ngl marketing services — modified ebitda mean?
- The core operating profitability of the marketing segment, adjusted for non-cash items.