ONEOK Announces 14% Year-Over-Year Increase in Third Quarter 2020 Operating Income

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ONEOK (OKE) Tops Q3 EPS by 12c

October 27, 2020 4:36 PM EDT

ONEOK (NYSE: OKE) reported Q3 EPS of $0.70, $0.12 better than the analyst estimate of $0.58.

Third Quarter 2020 Results, Compared With The Third Quarter 2019:

Net income of $312.3 million, resulting in 70 cents per diluted share.15% increase in adjusted EBITDA to $747.0 million.14% increase in operating income to $550.4 million.16% decrease in operating costs.1.30 times distributable cash flow coverage of... More