ONEOK’s third quarter financial results will be released on Halloween.
We’re not sure if that’s a spooky time to be releasing them, but that’s when the company said it plans to make them available right after the market closes on October 31.
ONEOK’s executive management will participate in a conference call the following day.
Even before ONEOK’s acquisition of Magellan Midstream last month, the company had a 13% increase in net income in the second quarter. It totaled $468 million or $1.04 per diluted share.
There was also a 10% increase in adjusted EBITDA to $971 million. As for production, ONEOK reported a 26% increase in Gulf Coast/Permian region NGL raw feed throughput volumes.