ONEOK (OKE) Reports Q2 EPS of 40c

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Go back to ONEOK (OKE) Reports Q2 EPS of 40c

ONEOK Announces Higher Second-quarter 2016 Financial Results

August 2, 2016 4:20 PM EDT

TULSA, Okla., Aug. 2, 2016 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced second-quarter 2016 financial results.

SUMMARY

Second-quarter 2016 net income attributable to ONEOK increased 12 percent and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased 17 percent compared with the second quarter 2015; Second-quarter 2016 dividend coverage ratio was 1.33; and Second-quarter 2016 natural gas volumes processed increased 12 percent and natural gas liquids (NGL) volumes fractionated increased 10 percent, compared with the second quarter 2015.

SECOND-QUARTER 2016 FINANCIAL HIGHLIGHTS

Three Months... More