The second quarter earnings report from ONEOK, Inc. won’t be released for another month. But leaders expect stronger results, just as they saw in the first quarter.
The Tulsa company announced it will release the results after the close of markets on Monday, August 4. A conference call by the company’s management team will be held the following day at 10 a.m. central time.
The company’s first quarter earnings report revealed higher earnings from the first quarter 2024. Its net income was $691 million while adjusted EBITDA totaled $1.78 billion.
Pierce H. Norton II, ONEOK President and CEO said the solid results highlighted the strength of the company’s “integrated system, disciplined growth strategy and dedicated employees.”
He also expected no letup in the company’s economic growth.
“We expect continued execution on acquisition-related synergies, the completion of organic growth projects and the demand for our services to support growth throughout 2025, creating additional shareholder value.”