3Q earnings report by ONEOK to be released later in October

 

ONEOK, Inc. plans to release its third quarter 2020 earnings report after the close of markets on Oct. 27.

The company said its executive management will take part in a conference call the following day at 10 am. Central daylight time on Oct. 28. The call will also be carried live on ONEOK’s website.

The company reported $134.3 million net income in the second quarter, far below the $312 million net income reported a year earlier.

Its performance for the first half of 2020 included a $7.5 million loss compared to $649 million net income in the first half of 2019.

At the conclusion of the second quarter of 2020, ONEOK anticipated capital expenditures for the second half of the year to be in the range of $300 million to $400 million.

Source: ONEOK