ONEOK, Inc. (NYSE:OKE) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Andrew Ziola - Vice President, Investor Relations Pierce Norton - President and Chief Executive Officer Walt Hulse - Chief Financial Officer Sheridan Swords - Executive Vice President, Commercial Liquids and Natural Gas Gathering and Processing Chuck Kelley - Senior Vice President, Natural Gas Pipelines Kevin Burdick - Executive Vice President and Chief Enterprise Services Officer Conference Call Participant ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024. OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________ to __________. Commission file number 001-13643 ONEOK, Inc. (Exact name of registrant as specified in its charter) Oklahoma 73-1520922 (State or other jurisd ...

ONEOK Inc. (OKE) reported first-quarter 2024 operating earnings per share (EPS) of $1.09, which missed the Zacks Consensus Estimate of $1.13 by 3.5%. The bottom line also declined 53.4% from the year-ago quarter’s figure of $2.34.Total RevenuesOperating revenues for the quarter totaled $4.78 billion, which missed the Zacks Consensus Estimate of $5.84 billion by 18.2%. However, the top line improved 5.8% from $4.52 billion in the prior-year quarter. Highlights of the ReleaseAdjusted EBITDA came in at $1.44 b ...

Oneok Inc. (OKE) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $2.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.54%. A quarter ago, it was expected that this natural gas company would post earnings of $1.21 per share when it actually produced earnings of $1.18, delivering a surprise of -2.48%.Over the last four quarters, the co ...

-more- April 30, 2024 Analyst Contact: Megan Patterson 918-561-5325 Media Contact: Brad Borror 918-588-7582 ONEOK Announces First Quarter 2024 Earnings; Increases 2024 Financial Guidance Higher Year-Over-Year Rocky Mountain Region Volumes Volume Momentum Contributes to Higher 2024 Financial Expectations TULSA, Okla. - April 30, 2024 - ONEOK, Inc. (NYSE: OKE) today announced first quarter 2024 results and increased full-year 2024 financial guidance. First Quarter 2024 Results, Compared With First Quarter 202 ...

ONEOK Inc. (OKE) is scheduled to release first-quarter 2024 results on Apr 30, after market close. The company delivered a negative earnings surprise of 2.5% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderONEOK’s first-quarter earnings are expected to have gained from strong fee-based contracts, as more than 90% of its revenues are likely to have been fee-based.The company’s first-quarter earnings are projected to h ...

The market expects Oneok Inc. (OKE) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Oneok Inc. (OKE) closed the latest trading day at $79.91, indicating a +0.35% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.87%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.Shares of the natural gas company witnessed a gain of 0.76% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 3.26% and outperforming the S&P 500's loss of 3.97%.Investors will be eagerly watching fo ...

Arctic-Images There's plenty of value to be had in industries that get durable and recurring income streams, as that can translate into portfolio stability and dividends in both good times and bad. That's why I'm fine with tuning out the noise and don't get FOMO from not participating in the Al-driven tech rally. I'd rather sleep well at night knowing that I don't need to worry about when to take chips off the table, and am content with getting reliable income streams from toll road-like businesses. Thi ...

Christine_Kohler/iStock via Getty ImagesONEOK (NYSE:OKE) is a leading midstream service provider with an extensive natural gas pipeline network. ONEOK is seeing strong volume momentum across its business segments, in part due to the acquisition of Magellan Midstream Partners last year, which has translated into a boost to the company's EBITDA as well. ONEOK submitted a strong EBITDA outlook for FY 2023 and the midstream firm looks back on a quarter of a century of very solid dividend growth. I believe O ...