ONEOK to release earnings report end of July

ONEOK plans to release its second quarter 2018 earnings on July 31.

The release will be made after the closing of the markets.  Then the next day, Aug. 1 at 10 a.m. Central Time, company executives will take part in a conference call.

The company’s first-quarter 2018 financial results saw growth as the company credited volume growth in the STACK and SCOOP areas of Oklahoma as well as the Williston and Permian basins.

Operating income was up 32 percent while earnings before interest, taxes, depreciation and amortization increased 24 percent compared with the first quarter 2017.

Net income in the first quarter totaled $264.5 million or 64 cents per diluted share.

 

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