ONEOK (OKE) Reports Q1 EPS of 29c, Reaffirms Forecast
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May 5, 2015 4:10 PM EDT
TULSA, Okla., May 5, 2015 /PRNewswire/ --Â ONEOK, Inc. (NYSE: OKE) today announced first-quarter 2015 net income attributable to ONEOK of $60.8 million, or 29 cents per diluted share.
First-quarter 2014 net income attributable to ONEOK was $93.5 million, or 45 cents per diluted share, which includes income from discontinued operations of $1.8 million, or 1 cent per diluted share.
Income from continuing operations attributable to ONEOK was $60.9 million in the first quarter 2015, compared with $91.7 million in the first quarter 2014.
Distributions declared from ONEOK's general and limited partner interests in ONEOK Partners (NYSE: OKS) were $169.1... More
May 5, 2015 4:05 PM EDT
TULSA, Okla., May 5, 2015 /PRNewswire/ --Â ONEOK Partners, L.P. (NYSE: OKS) today announced first-quarter 2015 net income attributable to ONEOK Partners of $145.6 million, or 21 cents per unit, compared with $265.4 million, or 81 cents per unit, in the first quarter 2014.Â
Variances in financial performance between the first quarter 2015 and first quarter 2014 were primarily a reflection of significantly higher weather-related seasonal demand, resulting in higher prices for propane and natural gas, in the Midwest due to severely cold weather during the first quarter 2014 and the continued impact of commodity price declines in the first-quarter 2015.
First-quarter 2015... More
