secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001039684-23-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK Q2 net income up 13% to $468M; raises 2023 EBITDA guidance midpoint to $4.675B
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- Q2 net income $468M ($1.04 diluted EPS), up 13% YoY; adjusted EBITDA $971M, up 10%.
- 2023 guidance raised: net income midpoint $2.49B, adjusted EBITDA midpoint $4.675B.
- NGL raw feed throughput up 26% in Gulf Coast/Permian; natural gas processed volumes up 17%.
- Quarterly dividend of $0.955 per share declared ($3.82 annualized).
- Pending Magellan Midstream acquisition expected close Q3 2023; special meeting Sept 21.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968423000058/0001039684-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968423000058/oke-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001039684-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer