Oneok Inc Stock Price, News & Analysis

ONE Gas, Inc. (NYSE: OGS) announced the retirement of its president and CEO, Pierce H Norton II, effective June 27, 2021. Following his departure, Norton will become the CEO of ONEOK Inc. (NYSE: OKE) on June 28, 2021. The Corporate Governance Committee is actively working to recommend Norton's successor. Since its formation in 2014, ONE Gas has developed a culture focused on stakeholder value and is recognized as one of the largest natural gas utilities in the U.S., serving over 2.2 million customers in Kansas, Oklahoma, and Texas.

On May 25, 2021, ONEOK, Inc. (NYSE: OKE) announced the retirement of CEO Terry K. Spencer, effective September 30, 2021, after 20 years with the company. Pierce H. Norton II, currently CEO of ONE Gas, Inc. (NYSE: OGS), will succeed him on June 28, 2021. The leadership transition follows a planned succession process, highlighting Norton's extensive experience in the natural gas sector. Spencer will assist in the transition and remain a board member until retirement. The Board expressed gratitude for Spencer's contributions during challenging times.

ONEOK, Inc. (NYSE: OKE) announced its participation in the Citi Global Energy and Utilities Virtual Conference scheduled for May 11-12, 2021. The company, a leading midstream service provider, operates one of the top natural gas liquids systems in the U.S., connecting supply across key regions to market centers. ONEOK is a FORTUNE 500 and S&P 500 company. Investor materials can be found on www.oneok.com. For more updates, ONEOK is active on social media platforms like LinkedIn, Instagram, Facebook, and Twitter.

ONEOK, Inc. (NYSE: OKE) reports strong first quarter 2021 results with a net income of $386.2 million, or 86 cents per diluted share, a significant improvement from a net loss of $141.9 million in Q1 2020. Adjusted EBITDA surged 24% to $866.4 million. The company has raised its 2021 financial guidance, with a midpoint net income projected at $1.35 billion and diluted EPS at $3.02. Factors contributing to this growth include increased natural gas and NGL sales in the Rocky Mountain region and improved market conditions despite challenges from severe winter weather.

ONEOK, Inc. (NYSE: OKE) declared a quarterly dividend of 93.5 cents per share, maintaining the same rate as the previous quarter, leading to an annualized dividend of $3.74 per share. The dividend is set to be paid on May 14, 2021, to shareholders on record by April 26, 2021.

As a leading midstream service provider, ONEOK connects natural gas liquids supply in various regions with extensive market access, and is a noted FORTUNE 500 company.

ONEOK, Inc. (NYSE: OKE) will announce its first quarter 2021 earnings on April 27, 2021, after market close. A conference call is scheduled for April 28, 2021, at 11 a.m. EDT, allowing investors to discuss the results and ask questions. The call can be accessed via phone or webcast. ONEOK is a leading midstream service provider and ranks among the FORTUNE 500 and S&P 500 companies, specializing in natural gas liquids systems across key U.S. regions.

ONEOK, Inc. (NYSE: OKE) announced its participation in virtual investor meetings at the Truist Securities Utilities, Midstream and Alternative Energy Summit on March 25, 2021. The company is recognized as a leading midstream service provider, specializing in natural gas liquids (NGL) with a comprehensive system across key U.S. regions. Investors can access updated materials via oneok.com. ONEOK is a FORTUNE 500 company and is listed in the S&P 500.

ONEOK, Inc. (NYSE: OKE) has announced that its 2021 annual shareholders meeting will take place virtually on May 26, 2021, at 9 a.m. CDT. This decision aligns with ongoing precautions related to COVID-19. Shareholders eligible to vote will be determined by a record date of March 29, 2021. Registration for the meeting opens on April 7, 2021, and participants can access the meeting via live webcast. ONEOK is recognized as a leading midstream service provider in the NGL sector and is included in the S&P 500.

ONEOK, Inc. (NYSE: OKE) participated in virtual investor meetings at the Mizuho Energy Summit on March 16, 2021. The company is a leading midstream service provider with a premier natural gas liquids system, connecting supplies across key U.S. regions. As a FORTUNE 500 company, ONEOK is included in the S&P 500. For more investor materials, visit www.oneok.com.