Welcome to our dedicated page for Oneok news (Ticker: OKE), a resource for investors and traders seeking the latest updates and insights on Oneok stock.
ONEOK, Inc. (NYSE: OKE) is a leading diversified energy company involved in the gathering, processing, storage, and transportation of natural gas and natural gas liquids (NGLs) across 14 states in the U.S. ONEOK serves as the general partner of ONEOK Partners, L.P., one of the largest publicly traded master limited partnerships. This partnership boasts one of the nation’s premier NGL systems, connecting supply from the Mid-Continent, Permian, and Rocky Mountain regions to key market centers.
Headquartered in Tulsa, Oklahoma, and featured in the Fortune 500 and Standard & Poor’s 500 stock index, ONEOK operates over 50,000 miles of pipeline. Their infrastructure is vital in meeting both domestic and international energy demands, contributing significantly to energy security by providing safe, reliable, and responsible energy solutions.
ONEOK recently released their third quarter 2023 earnings, showing increased net income and adjusted EBITDA. This growth was driven by higher NGL volumes, increased natural gas processing volumes, and improved transportation and storage services. The quarter also included contributions from the newly acquired refined products and crude segment, thanks to their acquisition of Magellan Midstream Partners.
In January 2024, ONEOK disclosed higher fourth quarter and full-year 2023 financial results, projecting further growth for 2024. The company’s strong performance is supported by increased volumes across their systems, higher average fee rates, and contributions from the refined products and crude segment.
In April 2024, ONEOK reported first quarter 2024 results, continuing their trend of solid financial performance. The company increased their full-year 2024 financial guidance, driven by higher year-over-year volumes, positive synergy outlook, and robust asset performance.
In May 2024, ONEOK announced their acquisition of a system of NGL pipelines from Easton Energy for approximately $280 million. This strategic acquisition enhances their connectivity to the critical Gulf Coast supply and demand centers, accelerating commercial synergies and future earnings growth.
As ONEOK continues to integrate its operations and expand its infrastructure, it remains committed to maximizing investor value through disciplined capital growth opportunities, maintaining a strong balance sheet, and delivering essential energy services.
For more information about ONEOK, visit their website: www.oneok.com. Stay updated with the latest news by following ONEOK on LinkedIn, Facebook, X, and Instagram.
ONEOK, Inc. (NYSE: OKE) has declared a quarterly dividend of 93.5 cents per share, maintaining the rate from the previous quarter. This results in an annualized dividend of $3.74 per share. The dividend will be paid on Nov. 13, 2020, to shareholders on record by the close of business on Nov. 2, 2020.
ONEOK is recognized as a leading midstream service provider with a robust natural gas liquids system, enhancing its standing in the S&P 500 and FORTUNE 500 lists.
ONEOK, Inc. (NYSE: OKE) announced it will release its third quarter 2020 earnings on October 27, 2020, after market close. A conference call with executive management will occur on October 28, 2020, at 11 a.m. EDT for discussing the earnings results. Interested parties can join by calling 888-254-3590 (pass code 5700571) or via webcast on the company's website. A replay of the call will be available on the site for 30 days post-event, while a recording will be accessible by phone for seven days.
ONEOK, Inc. (NYSE: OKE) will participate in the Barclays CEO Energy-Power Virtual Conference on Sept. 8-9, 2020. As a leading midstream service provider, ONEOK owns a premier natural gas liquids system, facilitating connections between supply regions and market centers across the Rocky Mountain, Mid-Continent, and Permian areas. The company is a FORTUNE 500 entity and is listed in the S&P 500. Latest investor materials and volume data are accessible on www.oneok.com.
ONEOK, Inc. (NYSE: OKE) will participate in two virtual investor conferences: the Seaport Global Annual Summer Investor Conference on Aug. 26 and the BMO Capital Markets Real Assets Conference on Sept. 2. ONEOK is a leading midstream service provider with a robust natural gas liquids system in the U.S., connecting supplies across key regions. The company is a FORTUNE 500 entity and part of the S&P 500. Investor materials are accessible at www.oneok.com.
ONEOK, Inc. (NYSE: OKE), a leading midstream service provider, is set to participate in several virtual investor conferences in August 2020. These conferences include the Tuohy Brothers Annual Energy Conference on August 6, the Goldman Sachs Power, Utilities, MLPs and Pipelines Conference on August 11, and the Citi Midstream Energy Infrastructure Conference on August 12-13. ONEOK is recognized for its extensive natural gas liquids (NGL) systems across key regions, and its investor materials are available online.
ONEOK, Inc. (NYSE: OKE) reported a net income of $134.3 million, or 32 cents per diluted share, for Q2 2020, down from $312 million in Q2 2019. Its adjusted EBITDA was $533.9 million, reflecting production curtailments and lower commodity prices. The company holds over $945 million in cash. Due to ongoing market uncertainties, ONEOK expects its 2020 net income and adjusted EBITDA to be at the low end of earlier ranges. The dividend declared for Q3 is $0.935 per share, indicating continued shareholder returns amidst challenging conditions.
The board of directors of ONEOK declared a quarterly dividend of 93.5 cents per share, consistent with the previous quarter, marking an annualized dividend of $3.74 per share. This dividend is scheduled for payment on August 14, 2020, to shareholders of record as of August 3, 2020. ONEOK is a leading midstream service provider in the natural gas liquids sector and is included in the FORTUNE 500 and S&P 500.
ONEOK, Inc. (NYSE: OKE) will announce its second quarter 2020 earnings on July 28, 2020, after market closure. Management will hold a conference call on July 29, 2020, at 11 a.m. EDT. To join the call, dial 800-263-0877 and enter pass code 5528862, or access the webcast on ONEOK's website. A replay of the call will be available for 30 days on their site and by phone for 7 days. ONEOK is a leading midstream service provider and is part of the S&P 500, focusing on natural gas liquids systems across multiple regions.
ONEOK, Inc. (NYSE: OKE) will participate in the J.P. Morgan Energy, Power and Renewables Virtual Conference on June 16-17, 2020. Investor materials will be available on the company's website starting at 8 a.m. Eastern Daylight Time on June 16, 2020. As a leading midstream service provider, ONEOK owns a premier natural gas liquids (NGL) system connecting key market regions with extensive gathering, processing, storage, and transportation assets. The company is part of the FORTUNE 500 and included in the S&P 500 index.
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