ONEOK (OKE) Tops Q1 EPS by 3c
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ONEOK Announces First Quarter 2020 Earnings
April 28, 2020 4:15 PM EDTTULSA, Okla., April 28, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced first quarter 2020 financial results, provided a 2020 outlook and reduced 2020 capital expenditures.
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.... More