Oneok: Q4 Earnings Snapshot

TULSA, Okla. (AP) — TULSA, Okla. (AP) — Oneok Inc. (OKE) on Monday reported fourth-quarter earnings of $484.6 million.

The Tulsa, Oklahoma-based company said it had net income of $1.08 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The natural gas company posted revenue of $5.03 billion in the period.

For the year, the company reported profit of $1.72 billion, or $3.84 per share. Revenue was reported as $22.39 billion.

Oneok expects full-year earnings to be $5.03 to $5.69 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OKE at https://www.zacks.com/ap/OKE

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up