ONEOK (OKE) to Report Q4 Earnings: What's in the Offing?
ONEOK(OKE) Zacks Investment Research·2024-02-21 23:20
ONEOK Inc. (OKE) is scheduled to release fourth-quarter 2023 results on Feb 26, after market close. The company delivered an earnings surprise of 1.02% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderONEOK’s fourth-quarter earnings are likely to continue to benefit from strong fee-based contracts, as more than 90% of the amount is likely to be fee-based.In September 2023, ONEOK completed the acquisition of Magellan M ...