Oneok: Fourth Quarter Earnings Overview
Oneok Inc. Announces Fourth-Quarter Financial Results
Oneok Inc., headquartered in Tulsa, Oklahoma, revealed on Monday that it earned $977 million during the fourth quarter.
The company's net income translated to $1.55 per share for the quarter.
These earnings surpassed analysts’ predictions, as a consensus of six experts polled by Zacks Investment Research had anticipated earnings of $1.48 per share.
However, the company’s revenue for the quarter reached $9.07 billion, falling short of the $9.49 billion expected by three Zacks analysts.
Looking at the full year, Oneok reported a total profit of $3.39 billion, or $5.42 per share, with annual revenue amounting to $33.63 billion.
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