ONEOK’s 2Q report coming in early August

 

 

The second quarter 2024 earnings report from ONEOK, Inc. will be released in early August.

The company explained the release will be after the market closes on August 5 and ONEOK’s executive management will take part in a conference call the following day. The conference call will be held at 10 a.m. central time.

ONEOK’s first quarter results saw net income of $639 million which resulted in $1.09 per diluted share. It also had adjusted EBITDA of $1.44 billion.

The company reported increased natural gas volumes and experienced a $70 million increase in net income to a midpoint of $2.88 billion.

As a result of the strong first quarter, ONEOK increased its 2024 net income guidance to a range of $2.73 billion to $3.03 billion. Its adjusted earnings before interest, taxes, depreciation and amortization grew to a range of $6.025 billion to $6.325 billion.