Oneok Inc Stock Price, News & Analysis

ONEOK, Inc. (NYSE: OKE) declared a quarterly dividend of 93.5 cents per share, maintaining the previous quarter's rate, resulting in an annualized dividend of $3.74. The dividend is set to be distributed on Feb. 12, 2021, to shareholders recorded by Feb. 1, 2021. Recognized as a leading midstream service provider and a FORTUNE 500 company, ONEOK boasts a robust network for natural gas liquids (NGL) in key regions across the U.S.

ONEOK, Inc. (NYSE: OKE) will announce its fourth quarter and year-end 2020 earnings after market close on February 22, 2021. Management will host a conference call on February 23, 2021, at 11 a.m. EST to discuss these results. Participants can join by calling 800-458-4121 or through the live webcast on ONEOK's website. If unable to attend live, a replay will be available for 30 days online and via phone for seven days.

ONEOK, Inc. (NYSE: OKE) will participate in the UBS Infrastructure and Energy Virtual Conference on January 12-13, 2021. The company is a leading midstream service provider with an extensive network connecting natural gas liquids (NGL) supply across major U.S. regions. As a FORTUNE 500 entity, ONEOK is also included in the S&P 500. For more details and investor materials, visit www.oneok.com.

ONEOK, Inc. (NYSE: OKE) has appointed Gerald B. Smith to its board of directors effective December 15, 2020. Smith, previously a board member from 2009 to 2013, is the founder and CEO of Smith, Graham & Company Investment Advisors. He brings extensive experience from various leadership positions in investment management and finance. The board also announced the resignation of Gary Parker, who served since 1991, in line with corporate governance guidelines. This change is expected to enhance board effectiveness and shareholder interests.

ONEOK, Inc. (NYSE: OKE) will participate in the Wells Fargo Virtual Midstream and Utility Symposium on December 8-9, 2020. This leading midstream service provider is known for its extensive natural gas liquids (NGL) systems that connect supply across the Rocky Mountain, Mid-Continent, and Permian regions to key market centers. As a FORTUNE 500 company listed in the S&P 500, ONEOK enhances its visibility and investor relations with the latest materials available on their website.

ONEOK, Inc. (NYSE: OKE) will participate in the RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference on Nov. 18, 2020. As a leading midstream service provider, ONEOK operates a premier natural gas liquids system across key regions in the U.S. including the Rocky Mountain, Mid-Continent, and Permian areas. The company is a member of the FORTUNE 500 and S&P 500. Investor materials can be accessed on their website: www.oneok.com.

ONEOK reported strong third quarter 2020 results, with net income of $312.3 million (70 cents per share) and a 15% increase in adjusted EBITDA to $747 million compared to Q3 2019. The company saw a 7% rise in natural gas liquids (NGL) throughput and a 16% decrease in operating costs. Additionally, its dividend coverage ratio stood at 1.30 times. The 2020 outlook has been updated, expecting net income and adjusted EBITDA to reach midpoint ranges of $500-$900 million and $2.6-$3 billion, respectively. Key growth was attributed to recovering volumes and completed NGL projects.

ONEOK, Inc. (NYSE: OKE) has declared a quarterly dividend of 93.5 cents per share, maintaining the rate from the previous quarter. This results in an annualized dividend of $3.74 per share. The dividend will be paid on Nov. 13, 2020, to shareholders on record by the close of business on Nov. 2, 2020.

ONEOK is recognized as a leading midstream service provider with a robust natural gas liquids system, enhancing its standing in the S&P 500 and FORTUNE 500 lists.