Summary
ONK Chart
ONEOK, Inc. (OKE) Q1 2025 Earnings Call Transcript
ONEOK, Inc. (NYSE:OKE ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Megan Patterson - Vice President of Investor Relations Pierce Norton - President and Chief Executive Officer Walter Hulse - Executive Vice President, Chief Financial Officer, Treasurer, Investor Relations and Corporate Development Sheridan Swords - Executive Vice President and Chief Commercial Officer Kevin Burdick - Executive Vice President and Chief Enterprise Services Officer Randy Lentz - Executive Vice President and Chief Operating Officer Conference Call Participants Jeremy Tonet - JPMorgan Doug Irwin - Citi Theresa Chen - Barclays Capital Michael Blum - Wells Fargo Jean Ann Salisbury - Bank of America Manav Gupta - UBS Keith Stanley - Wolfe Research AJ O'Donnell - Tudor Pickering Holt & Co Sunil Sibal - Seaport Global Operator Good day, everyone, and welcome to the First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
ONEOK Q1 Earnings Lag Estimates, Revenues Increase Year Over Year
OKE's first-quarter earnings lag estimates, and revenues beat the same. The company's operating income increases during the same period.
Oneok Inc. (OKE) Q1 Earnings Miss Estimates
Oneok Inc. (OKE) came out with quarterly earnings of $1.04 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.09 per share a year ago.
Oneok Inc. Dividends
 ONK 2 months ago | Other | €0.91 Per Share |
| ONK 6 months ago | Other | €0.87 Per Share |
| ONK 9 months ago | Other | €0.87 Per Share |
| ONK 30 Apr 2024 | Other | €0.87 Per Share |
| ONK 29 Jan 2024 | Other | €0.87 Per Share |
Oneok Inc. Earnings
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 24 Feb 2025 Date | | - Cons. EPS | - EPS |
| 29 Oct 2024 Date | | - Cons. EPS | - EPS |
| 5 Aug 2024 Date | | - Cons. EPS | - EPS |
| 29 May 2024 Date | | - Cons. EPS | - EPS |
| ONK 2 months ago | Other | €0.91 Per Share |
| ONK 6 months ago | Other | €0.87 Per Share |
| ONK 9 months ago | Other | €0.87 Per Share |
| ONK 30 Apr 2024 | Other | €0.87 Per Share |
| ONK 29 Jan 2024 | Other | €0.87 Per Share |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 24 Feb 2025 Date | | - Cons. EPS | - EPS |
| 29 Oct 2024 Date | | - Cons. EPS | - EPS |
| 5 Aug 2024 Date | | - Cons. EPS | - EPS |
| 29 May 2024 Date | | - Cons. EPS | - EPS |
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Oneok Inc. Profile
| Oil & Gas Midstream Industry | Energy Sector | Mr. Pierce H. Norton II CEO | XFRA Exchange | US6826801036 ISIN |
| US Country | 4,775 Employees | 3 Feb 2025 Last Dividend | 3 Feb 2014 Last Split | 1 Jul 1985 IPO Date |
Overview
ONEOK, Inc., founded in 1906 and based in Tulsa, Oklahoma, stands as a significant player in the United States' energy sector, focusing on the gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL). The company operates through a diverse portfolio of assets, including natural gas gathering pipelines, processing plants, and NGL distribution pipelines across multiple states such as Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado. ONEOK's operations span across four primary segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. Through its extensive network and varied services, ONEOK caters to a broad spectrum of clients, ranging from exploration and production companies to utilities and industrial customers, showcasing its integral role in the midstream sector of the energy industry.
Products and Services
- Natural Gas Gathering and Processing:
- Natural Gas Liquids (NGL):
- Natural Gas Pipelines:
- Refined Products and Crude:
- Miscellaneous Services:
ONEOK operates a vast network of natural gas gathering pipelines and processing plants primarily in the Mid-Continent and Rocky Mountain regions. This infrastructure supports the cleaning, treating, and processing of raw natural gas to remove impurities and separate NGLs, making it suitable for commercial use and further fractionation.
The company's involvement in NGLs encompasses gathering, fractionation, storage, and distribution of NGL products. ONEOK owns extensive NGL infrastructure, including pipelines and fractionation facilities that allow for the separation of NGLs into their constituent products such as ethane, propane, butanes, and natural gasoline. These products are crucial for various applications in the petrochemical and heating industries.
ONEOK's pipeline network includes regulated interstate and intrastate natural gas transmission pipelines. These pipelines play a crucial role in the efficient and safe transport of natural gas from production sites to end-users, including residential, commercial, and industrial customers, ensuring a reliable supply of energy.
This segment of ONEOK's operations focuses on the transportation, storage, and distribution of refined petroleum products like unleaded gasoline and diesel, as well as crude oil. The company manages assets such as terminals and storage facilities, along with truck- and rail-loading and -unloading facilities, which are vital for the movement of energy resources across different regions.
Besides its core operations, ONEOK engages in various additional services that complement its main business lines. These include owning and operating a parking garage in downtown Tulsa, leasing office space, and engaging in commodity-related activities such as liquids blending and marketing. This diversified approach allows ONEOK to leverage its infrastructure and expertise across different areas, providing added value to its stakeholders.
Contact Information
