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Tuesday, October 31, 2017

=ONEOK (OKE) reported earnings on Tue 31 Oct 2017 (a/h)



ONEOK misses by $0.04; co maintains 2017 net income guidance 
  • Reports Q3 (Sep) earnings of $0.43 per share, $0.04 worse than the Capital IQ Consensus of $0.47
  • Third-quarter 2017 natural gas volumes processed increased 16 percent, NGLs transported on gathering lines increased 5 percent and natural gas transportation capacity contracted increased 5 percent, compared with the third quarter 2016
  • Co maintains 2017 net income guidance of $635-795 million, adjusted EBITDA guidance of $1.89 billion to $2.06 billion and DCF guidance of $1.28 billion to $1.44 billion; 

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