Welcome to our dedicated page for Oneok news (Ticker: $OKE), a resource for investors and traders seeking the latest updates and insights on Oneok stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oneok's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oneok's position in the market.
ONEOK Inc. (NYSE: OKE) reported strong first quarter 2024 results, with net income of $639 million and adjusted EBITDA of $1.44 billion. The company increased its 2024 financial guidance with higher earnings per diluted share and adjusted EBITDA, reflecting positive industry fundamentals and synergy expectations. Despite a decrease in adjusted EBITDA in the Natural Gas Liquids segment, overall financial performance was driven by volume increases, transportation services, and contributions from the refined products and crude segment. ONEOK remains focused on integrating assets and maximizing stakeholder value.
