secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001039684-24-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK Q4 net income $688M, EPS $1.18; Adj. EBITDA $1.5B; 2024 guidance Adj. EBITDA $6.1B
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000013/0001039684-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000013/oke-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001039684-24-000013

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