earnings
confidence high
sentiment positive
materiality 0.85
ONEOK Q4 net income $688M, EPS $1.18; Adj. EBITDA $1.5B; 2024 guidance Adj. EBITDA $6.1B
ONEOK INC /NEW/
2023-FY EPS reported
$5.48
revenue$17,677,000,000
- Q4 net income $688M ($1.18 diluted) vs $485M ($1.08) YoY; full-year $2.7B ($5.48) vs $1.7B ($3.84).
- Adjusted EBITDA Q4 $1.514B, full-year $5.243B; 2024 guidance Adj. EBITDA midpoint $6.1B.
- Quarterly dividend raised 3.7% to $0.99/share; $2B share repurchase authorized targeted over four years.
- NGL raw feed throughput up 20% Rocky Mtn and 17% Gulf Coast/Permian in Q4; wells connected up 54% full-year.
- FERC approved Saguaro Connector Presidential Permit; final investment decision expected mid-2024.