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Stock impact report

ONEOK Announces Higher Third 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
Increases Financial Guidance for the Second Time in 2024TULSA, Okla., Oct. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher third quarter 2024 results and provided 2024 financial guidance on a consolidated basis that includes contributions from EnLink Midstream (EnLink) and the pending Medallion Midstream (Medallion) acquisition. ONEOK also increased its 2024 financial guidance on a stand-alone basis to be comparable with the previous guidance provided on April 30, 2024.Third Quarter 2024 Results, Compared With Third Quarter 2023:Net income of $693 million, resulting in $1.18 per diluted share.Adjusted EBITDA of $1.55 billion.7% increase in Rocky Mountain region NGL raw feed throughput volumes.5% increase in Rocky Mountain region natural gas volumes processed.22% increase in Natural Gas Pipelines segment adjusted EBITDA.Increased 2024 Financial Guidance:ONEOK Consolidated (includes expected future contributions from EnLink and Medallion):Net income midpoint of $ Show less Read more
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