ONEOK (OKE) Misses Q4 EPS by 3c

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ONEOK Announces 32 Percent Increase in 2018 Operating Income; Announces 2019 Financial Guidance and 2020 Outlook

February 25, 2019 4:16 PM EST

TULSA, Okla., Feb. 25, 2019 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher fourth-quarter and full-year 2018 results, compared with the same periods in 2017, and announced 2019 financial guidance and a 2020 outlook.

Higher Full Year 2018 Results, Compared With The Full Year 2017:

32 percent increase in operating income to $1,835.5 million. 23 percent increase in adjusted EBITDA to $2,447.5 million. 1.37 times dividend coverage ratio. 16 percent increase in natural gas volumes processed. 12 percent increase in natural gas liquids (NGL) volumes gathered.

Higher 2019 Financial Guidance, Compared With Full Year 2018... More