tiprankstipranks
Oneok reports Q1 EPS $2.34, consensus $2.09
The Fly

Oneok reports Q1 EPS $2.34, consensus $2.09

"Strong first quarter results were supported by continued earnings growth in each of our businesses," said Pierce H. Norton II, ONEOK president and chief executive officer. "Higher natural gas and natural gas liquids volumes on our system provided a solid start to 2023 and continue to drive positive financial results. "The successful completion of our Demicks Lake III natural gas processing plant and MB-5 fractionator projects provide additional system capacity and resiliency, and are examples of our continued focus on intentional and disciplined growth," added Norton. "We remain financially well positioned, with significant balance sheet strength and flexibility to support continued growth."

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on OKE:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles