ONEOK(OKE)
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Oneok (OKE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-02-25 00:00
Core Insights - Oneok Inc. reported a revenue of $7 billion for the quarter ended December 2024, marking a 33.7% increase year-over-year [1] - The company's EPS was $1.57, up from $1.18 in the same quarter last year, exceeding the consensus estimate of $1.45 by 8.28% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $6.56 billion, resulting in a surprise of 6.77% [1] Financial Performance Metrics - Adjusted EBITDA for Natural Gas Liquids was $696 million, exceeding the average estimate of $639.37 million from two analysts [4] - Adjusted EBITDA for Natural Gas Pipelines reached $417 million, significantly higher than the average estimate of $167.62 million [4] - Adjusted EBITDA for Natural Gas Gathering and Processing was $489 million, compared to the average estimate of $317.21 million from two analysts [4] Stock Performance - Over the past month, Oneok's shares have returned -6.2%, while the Zacks S&P 500 composite experienced a -0.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Oneok Inc. (OKE) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-24 23:26
Core Viewpoint - Oneok Inc. reported quarterly earnings of $1.57 per share, exceeding the Zacks Consensus Estimate of $1.45 per share, and showing an increase from $1.18 per share a year ago, indicating a positive earnings surprise of 8.28% [1] Financial Performance - Oneok's revenues for the quarter ended December 2024 were $7 billion, surpassing the Zacks Consensus Estimate by 6.77%, and up from $5.24 billion year-over-year [2] - Over the last four quarters, the company has exceeded consensus EPS estimates two times and topped revenue estimates once [2] Stock Performance and Outlook - Oneok shares have declined approximately 2.3% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The company's earnings outlook is mixed, with current consensus EPS estimates at $1.48 for the coming quarter and $5.95 for the current fiscal year, with revenues projected at $7.06 billion and $27.1 billion respectively [7] Industry Context - The Oil and Gas - Production Pipeline - MLB industry, to which Oneok belongs, is currently ranked in the top 8% of over 250 Zacks industries, suggesting a favorable industry outlook [8]
ONEOK(OKE) - 2024 Q4 - Annual Results
2025-02-24 21:53
Exhibit 99.1 News Feb. 24. 2025 Analyst Contact: Megan Patterson Media Contact: 918-561-5325 Brad Borror 918-588-7582 ONEOK Announces Higher Fourth Quarter and Full-year 2024 Earnings Completed Projects and Expanded Asset Base Provide a Platform For Growth TULSA, Okla. - Feb. 24, 2025 - ONEOK, Inc. (NYSE: OKE) today announced higher fourth quarter and full-year 2024 results. Higher Fourth-quarter 2024 Results, Compared With Fourth Quarter 2023: Higher Full-year 2024 Results, Compared with Full Year 2023: "O ...
ONEOK Announces 2025 Financial Guidance and Provides 2026 Growth Outlook
Prnewswire· 2025-02-24 21:20
Higher 2025 Expectations Driven by Volume Growth, Completed Projects and Expanded Operations TULSA, Okla., Feb. 24, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced 2025 financial guidance and provided a 2026 growth outlook.2025 Financial Guidance: ONEOK announces 2025 financial guidance and provides 2026 growth outlook. Net income including noncontrolling interests midpoint of $3.45 billion, an 11% increase year-over-year. Net income excluding noncontrolling interests midpoint of $3.36 bi ...
ONEOK Announces Higher Fourth Quarter and Full-year 2024 Earnings
Prnewswire· 2025-02-24 21:15
Completed Projects and Expanded Asset Base Provide a Platform For GrowthTULSA, Okla., Feb. 24, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher fourth quarter and full-year 2024 results.Higher Fourth-quarter 2024 Results, Compared With Fourth Quarter 2023: ONEOK announces higher fourth quarter and full-year 2024 earnings. Net income including noncontrolling interests of $1.0 billion. Net income excluding noncontrolling interests of $923 million (most of which is related to the EnLi ...
How Should You Play ONEOK Stock Before Q4 Earnings Release?
ZACKS· 2025-02-21 16:05
ONEOK Inc. (OKE) is expected to report an improvement in its top and bottom lines when it reports 2024 results on Feb. 24, after market close. Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for OKE’s fourth-quarter revenues is pegged at $6.56 billion, indicating growth of 25.2% from the year-ago reported figure.The Zacks Consensus Estimate for earnings is pegged at $1.45 per share. The Zacks Consensus Estimate for OKE’s fourth-quarter earnings indica ...
Unveiling Oneok (OKE) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-02-19 15:20
The upcoming report from Oneok Inc. (OKE) is expected to reveal quarterly earnings of $1.45 per share, indicating an increase of 22.9% compared to the year-ago period. Analysts forecast revenues of $6.56 billion, representing an increase of 25.2% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this tim ...
ONEOK: Pullback Presents An Opportunity On Increasing NG Demand
Seeking Alpha· 2025-02-17 12:30
Brendan, a Pennsylvanian by birth:-Completed a Ph.D. at Stanford University in the field of organic synthesis (2009). -Worked for a major pharmaceutical company (Merck, 2009-2013).-Worked in biotech including start-ups (Theravance/Aspira) prior to securing employment at Caltech.-First employee and co-founder of 1200 Pharma as it spun out of Caltech garnering major investment (into the 8 figures).-Remains an avid investor, focused on market trends and especially biotechnology stocks.Analyst’s Disclosure: I/w ...
ONEOK: Top Of The Food-Chain Energy Pick For 2025
Seeking Alpha· 2025-02-07 10:08
ONEOK Inc. (NYSE: OKE ) owns pipelines from the Permian Basin in Texas all the way up to the Canadian border. Despite being one of North America's largest energy companies I think it doesn't always get the creditMy name is Maxime and I like to write about finances and share my views on various companies and their potential as an investment opportunity. My preferred sector is industrial. I live and work in Europe and we have a very long and proud history of being an industrial superpower so I guess it comes ...
Oneok Inc. (OKE) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-02-05 00:20
Company Overview - Oneok Inc. (OKE) closed at $97.02, reflecting a -0.62% change from the previous trading day's closing, underperforming the S&P 500's daily gain of 0.72% [1] - The stock has decreased by 3.93% over the past month, while the Oils-Energy sector gained 0.1% and the S&P 500 increased by 1.02% [1] Upcoming Earnings - Oneok Inc. is set to release its earnings report on February 24, 2025, with an expected EPS of $1.45, indicating a 22.88% increase compared to the same quarter last year [2] - Revenue is anticipated to be $6.56 billion, reflecting a 25.24% growth year-over-year [2] Analyst Estimates - Recent changes in analyst estimates for Oneok Inc. are crucial as they often indicate shifts in near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Oneok Inc. currently holds a Zacks Rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has increased by 0.37% [5] Valuation Metrics - Oneok Inc. has a Forward P/E ratio of 16.17, which is higher than the industry average Forward P/E of 14.32 [6] - The company has a PEG ratio of 3.68, compared to the Oil and Gas - Production Pipeline - MLB industry's average PEG ratio of 1.48 [7] Industry Context - The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [8]