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 Inc. (OKE) Tops Q4 Earnings and Revenue Estimates