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Stock impact report

ONEOK Announces First Quarter 2024 Earnings; Increases 2024 Financial Guidance

ONEOK, Inc. (OKE) 
Last oneok, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
Higher Year-Over-Year Rocky Mountain Region VolumesVolume Momentum Contributes to Higher 2024 Financial ExpectationsTULSA, Okla., April 30, 2024 /PRNewswire/ -- 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 2023: Net income of $639 million, resulting in $1.09 per diluted share.Adjusted EBITDA of $1.44 billion.12% increase in Rocky Mountain region NGL raw feed throughput volumes.4% increase in natural gas volumes processed.9% increase in Rocky Mountain region natural gas volumes processed.7% increase in natural gas gathering and processing segment adjusted EBITDA.4% increase in natural gas pipelines segment adjusted EBITDA.2024 Guidance Increase:Net income increased $70 million to a midpoint of $2.88 billion.Earnings per diluted share increased to a midpoint of $4.92.Adjusted EBITDA increased $75 million to a midpoint of $6.175 billion.The increase in financial g Show less Read more
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