ONEOK Announces Higher Second-quarter 2018 Financial Results and Updates 2018 Financial Guidance

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ONEOK (OKE) Tops Q2 EPS by 1c

July 31, 2018 4:36 PM EDT

ONEOK (NYSE: OKE) reported Q2 EPS of $0.68, $0.01 better than the analyst estimate of $0.67.

SUMMARY

Second-quarter 2018 operating income and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 40 and 30 percent, respectively, compared with the second quarter 2017;Second-quarter 2018 net income attributable to ONEOK totaled $281.0 million, or 68 cents... More