ONEOK (OKE) Tops Q1 EPS by 9c, Offers FY Guidance

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Go back to ONEOK (OKE) Tops Q1 EPS by 9c, Offers FY Guidance

ONEOK Announces Higher First Quarter 2021 Earnings; Increases 2021 Financial Guidance

April 27, 2021 4:15 PM EDT

TULSA, Okla., April 27, 2021 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher first quarter 2021 results and increased 2021 financial guidance.

Higher First Quarter 2021 Results, Compared With First Quarter 2020:

Net income of $386.2 million, resulting in 86 cents per diluted share. 24% increase in adjusted EBITDA to $866.4 million. 20% increase in Rocky Mountain region NGL raw feed throughput volumes. 5% increase in Rocky Mountain region natural gas volumes processed. $1.04 per MMBtu average fee rate in the natural gas gathering and processing segment.

Increased 2021 Guidance:

Net... More