Latest Acquisition Accelerates Commercial Synergies for ONEOK TULSA, Okla., June 17, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has completed its acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. "The closing of this strategic acquisition provides immediate earnings, expands our natural gas liquids asset portfolio and accelerates ONEOK's ability to capture commercial synergies related to our recent acquisition of Magel ...

benedek/E+ via Getty Images ONEOK, Inc. (NYSE:OKE) has a strong runway ahead of itself as producers improve well performance paired with the firm's continued execution of bolt-on acquisitions to expand their NGL pipeline reach. In addition to this, there may be some strong tailwinds for ONEOK and other gas midstream operators in the coming years, as new AI factories may drive up demand for dedicated power sources in the coming years. Overall, between the potential cyclical upswing for petrochemical producer ...

tolgart ONEOK (NYSE:OKE) and Enbridge (ENB) are well-diversified companies with exposure to numerous energy sub-sectors and extensive pipeline networks that play a mission-critical role in the North American energy supply chain. Both companies have fully integrated business models and competitively positioned networks, along with strong counterparties, lengthy contracts, and relatively low commodity price exposure. However, these companies have remarkably different growth outlooks and dividend yields, makin ...

Oneok is buying $280 million of pipelines to accelerate its ability to capture commercial synergies and earnings growth. Oneok (OKE 0.66%) surprised many in the midstream sector last year when it agreed to buy Magellan Midstream Partners in a massive $18.8 billion deal. The transaction enhanced its diversification and growth profile. It expects the deal to deliver free-cash-flow per-share accretion of more than 20% annually through 2027, fueled partly by capturing at least $200 million of synergies each yea ...

Accelerates Commercial Synergies From Magellan Acquisition TULSA, Okla., May 13, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has agreed to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy, a Houston-based midstream company, for approximately $280 million, subject to customary purchase price adjustments. The transaction includes approximately 450 miles of NGL pipelines located in the strategic Gulf Coast market centers for NGLs, refined products and crude oi ...

First Quarter 2024 Results April 2024 Fo ...

财务数据和关键指标变化 - 公司2024年全年净收入中值增加至28.8亿美元,调整后EBITDA中值增加7500万美元至61.75亿美元 [12] - 2024年第一季度净收入6.39亿美元,每股1.09美元,调整后EBITDA14.4亿美元 [13] 各条业务线数据和关键指标变化 - 天然气液体(NGL)业务: - 落基山地区NGL产量同比增长12%,受到1月份寒冬天气的影响 [17] - 中部地区NGL产量受到2023年11月合同到期的影响 [17] - 成品油和原油业务: - 第一季度成品油销量同比增加 [19] - 液体混合业务的销量和利润率符合预期 [19] - 天然气采集和加工业务: - 落基山地区天然气加工量同比增加9% [20] - 中部地区目前有40口钻井,其中6口在公司专有区域 [20] 各个市场数据和关键指标变化 - 天然气管道业务: - 天然气销售量和可中断输送量增加 [21] - 正在扩大德克萨斯州3亿立方英尺的储气能力,并在俄克拉荷马州进一步扩大注入能力 [21] 公司战略和发展方向及行业竞争 - 公司正在整合收购的Magellan资产,预计2024年和2025年能实现1.75亿美元和1.25亿美元的协同效应 [8][12] - 公司看好工业基本面,预计未来会带来显著的业务增长动力 [8] - 公司正在关注人工智能数据中心带来的天然气需求增长机会 [9][32][33] - 公司正在扩展和延长管道系统,以满足客户和市场需求 [10] 管理层对经营环境和未来前景的评论 - 公司有信心实现2024年和2025年的协同效应目标 [8][12] - 公司看好工业基本面,预计会带来显著的业务增长动力 [8] - 公司正在关注人工智能数据中心带来的天然气需求增长机会 [9][32][33] - 公司有信心实现2024年的财务指引 [12] 问答环节重要的提问和回答 问题1 **Jeremy Tonet 提问** 询问财务指引上调的具体原因,是否主要来自于业务量的好转以及协同效应的超预期实现 [29][30] **Sheridan Swords 回答** 主要来自于落基山地区和成品油及原油业务的强劲业务量,以及公司在各业务领域持续发现并实现协同效应 [30][31][32] 问题2 **Spiro Dounis 提问** 询问公司对协同效应目标的信心是否有所提升,是否有望超过之前提及的8亿美元目标 [39][40][41][42] **Sheridan Swords 和 Kevin Burdick 回答** 公司正在各个业务领域不断发现并实现协同效应,包括优化储存、整合资产物流、提高精炼产品需求等,对超过之前目标的信心不断增强 [40][41][42][43] 问题3 **Neel Mitra 提问** 询问落基山地区NGL捆绑费率上升的原因,以及未来的走势 [87][88] **Sheridan Swords 回答** 主要是由于激励性乙烷回收减少,未来会根据乙烷回收水平在0.28-0.30美元/加仑的区间波动 [88]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024. OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________ to __________. Commission file number 001-13643 ONEOK, Inc. (Exact name of registrant as specified in its charter) Oklahoma 73-1520922 (State or other jurisd ...

ONEOK Inc. (OKE) reported first-quarter 2024 operating earnings per share (EPS) of $1.09, which missed the Zacks Consensus Estimate of $1.13 by 3.5%. The bottom line also declined 53.4% from the year-ago quarter’s figure of $2.34. Total Revenues Operating revenues for the quarter totaled $4.78 billion, which missed the Zacks Consensus Estimate of $5.84 billion by 18.2%. However, the top line improved 5.8% from $4.52 billion in the prior-year quarter. Highlights of the Release Adjusted EBITDA came in at $1.4 ...

Oneok Inc. (OKE) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $2.34 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -3.54%. A quarter ago, it was expected that this natural gas company would post earnings of $1.21 per share when it actually produced earnings of $1.18, delivering a surprise of -2.48%. Over the last four quarters, the ...