Williams

Roughly a third of the natural gas consumed in the United States moves through Williams' pipelines at some point, which tells you what the company is: a toll collector on gas infrastructure rather than a driller. Its crown jewel is Transco, the largest natural gas pipeline system in the country, running from the Gulf Coast up to New York.

Founded in 1908 in Tulsa, Oklahoma, Williams makes most of its money from fee-based contracts for gathering, processing and transporting gas, so its cash flow depends more on volumes and capacity than on the price of gas itself. That steadiness is what supports its large dividend. Demand from power plants, LNG export terminals and, increasingly, data centers gives it a long runway of expansion projects to underwrite.

On MyRWA, WMB trades tokenized across 1 on-chain venue - see the listings below.