ONEOK Announces First Quarter 2020 Earnings
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ONEOK (OKE) Tops Q1 EPS by 3c
April 28, 2020 4:19 PM EDTONEOK (NYSE: OKE) reported Q1 EPS of $0.83, $0.03 better than the analyst estimate of $0.80.
First Quarter 2020 Results, Compared With The First Quarter 2019:
Net loss of $141.9 million, resulting in a net loss of 34 cents per diluted share (EPS), which includes noncash impairment charges of $641.8 million, or $1.17 per diluted share.EPS of 83 cents per diluted share, excluding noncash impairment charges.10% increase in adjusted EBITDA to $700.8 million.1.35 times dividend coverage ratio.6% increase in NGL raw feed throughput volumes.5% increase in natural gas volumes processed.100% of natural gas transportation... More