ONEOK Announces 11% Increase in Second-quarter 2019 Net Income

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ONEOK (OKE) Tops Q2 EPS by 4c

July 30, 2019 4:30 PM EDT

ONEOK (NYSE: OKE) reported Q2 EPS of $0.75, $0.04 better than the analyst estimate of $0.71.

11% increase in net income to $312.0 million, or 75 cents per diluted share.5% increase in adjusted EBITDA to $632.4 million.1.51 times dividend coverage ratio.11% increase in NGL raw feed... More