Workflow
ONEOK(OKE)
icon
Search documents
Ditch The Drill, Buy The Pipe: Why 5%-Yielding ONEOK Is Smart Energy Play
Seeking Alpha· 2024-03-30 12:17
Yauhen Akulich Introduction The other day, I was looking into ICE Midland WTI futures as part of my research into Intercontinental Exchange (ICE), the owner of these futures and one of my favorite financial dividend growth stocks - that is not yet a part of my portfolio. So, I thought, why not start this article with a micro lecture on this futures contract? I believe that most will be familiar with the NYMEX WTI future, which is owned by the CME Group (CME). Next to ICE Brent, it's the biggest oil fu ...
ONEOK Inc. (OKE) Rides on Fee-Based Earnings & Investments
Zacks Investment Research· 2024-03-14 15:16
ONEOK Inc. (OKE) continues to benefit from higher fee-based earnings and capital expenditure plans. Its expansion efforts and pipeline additions are expected to strengthen its position in the high-production region and boost its performance. The company's organic initiatives and diverse customers act as tailwinds.However, this Zacks Rank #3 (Hold) company faces risks related to the maintenance expenses of the land and strong competition in its pipeline business.TailwindsONEOK is poised to benefit from long- ...
Oneok Inc. (OKE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-03-13 23:21
In the latest trading session, Oneok Inc. (OKE) closed at $77.12, marking a -0.68% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.The natural gas company's stock has climbed by 11.76% in the past month, exceeding the Oils-Energy sector's gain of 3.8% and the S&P 500's gain of 3.18%.The investment community will be paying close attention to the earnings p ...
ONEOK Schedules 2024 Annual Meeting of Shareholders; Sets Record Date
Prnewswire· 2024-02-29 21:15
TULSA, Okla., Feb. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will hold its 2024 annual meeting of shareholders at 9 a.m. Central Daylight Time (CDT) on May 22, 2024, as a virtual meeting only. The meeting will be accessible through a live webcast. The record date for determining shareholders entitled to receive notice of the meeting and to vote is March 25, 2024. What:        ONEOK, Inc. 2024 Annual Meeting of Shareholders When:        9 a.m. CDT, May 22, 2024 Where:      Virtual meeting ...
ONEOK(OKE) - 2023 Q4 - Earnings Call Presentation
2024-02-27 19:56
| --- | --- | --- | |-------------------------------------------------------|-------------------------------------------------------------------------|---------------------------------------------------------------------------| | Financial | Operational | ESG | | • 10 consecutive years of EBITDA growth. | • Successfully completed acquisition of Magellan Midstream Partners. | • Received an MSCI ESG Rating of AAA in 2023. | | • 3.7% dividend increase. • $3.96/share annualized. | • Record volumes: • NGL volume ...
ONEOK(OKE) - 2023 Q4 - Earnings Call Transcript
2024-02-27 19:56
ONEOK, Inc. (NYSE:OKE) Q4 2023 Earnings Conference Call February 27, 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, Treasurer and Executive Vice President, Investor Relations and Corporate Development Sheridan Swords - Executive Vice President, Commercial Liquids and Natural Gas Gathering and Processing Chuck Kelley - Senior Vice President, Natural Gas Pipelines Kevin Burdick ...
ONEOK (OKE) Earnings and Revenues Miss Estimates in Q4
Zacks Investment Research· 2024-02-27 13:26
ONEOK Inc. (OKE) reported fourth-quarter 2023 operating earnings per share (EPS) of $1.18 per share, which lagged the Zacks Consensus Estimate of $1.21 per share by 2.4%. However, the bottom line improved 9.2% from the year-ago quarter’s figure of 1.08.OKE reported earnings of $5.48 per share for 2023 compared with $3.84 per share in 2022, which reflects a year-over-year increase of 42.7%.Total RevenuesOperating revenues for the quarter totaled $5.2 billion, which missed the Zacks Consensus Estimate of $5.5 ...
Here's What Key Metrics Tell Us About Oneok (OKE) Q4 Earnings
Zacks Investment Research· 2024-02-27 00:01
Oneok Inc. (OKE) reported $5.24 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 4%. EPS of $1.18 for the same period compares to $1.08 a year ago.The reported revenue represents a surprise of -6.07% over the Zacks Consensus Estimate of $5.57 billion. With the consensus EPS estimate being $1.21, the EPS surprise was -2.48%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...
ONEOK Announces Higher Fourth Quarter and Full-year 2023 Earnings
Prnewswire· 2024-02-26 21:15
Record Rocky Mountain Region Volumes Announces 2024 Financial Guidance TULSA, Okla., Feb. 26, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher fourth quarter and full-year 2023 results and 2024 financial guidance. Higher Fourth-quarter 2023 Results, Compared with Fourth Quarter 2022: Net income of $688 million, resulting in $1.18 per diluted share. Adjusted EBITDA of more than $1.5 billion. 20% increase in Rocky Mountain region NGL raw feed throughput volumes. 17% increase in Gulf Coast ...
ONEOK(OKE) - 2023 Q4 - Annual Report
2024-02-26 16:00
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K Securities registered pursuant to Section 12(g) of the Act: None (Exact name of registrant as specified in its cha ...