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Vol. 7, No. 11 Week of March 17, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Williams subsidiary triggers big loss

Company takes steps to strengthen finances by cutting capital expenditures, laying off 450 employees

Allen Baker

PNA Contributing Writer

Williams Cos. Inc. has taken some painful steps to improve its balance sheet after the company’s stock took a big hit in the wake of the Enron scandal. After delaying its earnings report in January, Williams released its annual results earlier this month, posting a $477.7 million loss. Williams, wh....

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More conservative ratings

Williams Alaska profits up 63 percent


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