The fourth quarter earnings of ONEOK, Inc. will be released to the public in late February.
The company announced the report will be released after the market closes on Feb. 27, 2023.
Management will take part in a conference call the next day, Tuesday, Feb. 28 at 10 a. m. Central Standard time.
The third quarter earnings report released Nov. 1, 2022 showed a more than 10% increase in 2023 net income and adjusted earnings. Higher rates and producer activity growth were behind the gains.
The company’s net income for the third quarter rose to $431.8 million resulting in 96 cents per diluted share. It also had a 4% increase in adjusted EBITDA to $902.4 million.
“Our more than 10% earnings growth outlook in 2023 is driven by an expectation for increased volumes, higher earnings from fee-based services in all three of our business segments and continued demand for the essential products and services ONEOK provides,” said Pierce H. Norton II, ONEOK President and Chief Executive Officer.