ONEOK Partners (OKS) Reports In-Line Q2 EPS

Go back to ONEOK Partners (OKS) Reports In-Line Q2 EPS

ONEOK Partners Announces Higher Second-quarter 2016 Financial Results

August 2, 2016 4:15 PM EDT

TULSA, Okla., Aug. 2, 2016 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced second-quarter 2016 financial results.

SUMMARY

Second-quarter 2016 net income attributable to ONEOK Partners and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased 25 and 18 percent, respectively, compared with the second quarter 2015; Second-quarter 2016 distribution coverage ratio was 1.15; 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

... More