---
schema_version: "secwatch.filing_event.v1"
accession: "0001039684-24-000032"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T03:54:29.627235+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ONEOK Q1 net income $639M; raises 2024 guidance on Rocky Mountain volumes

## Summary
- Q1 net income $639M ($1.09 diluted EPS); adjusted EBITDA $1.44B.
- 2024 net income guidance raised to $2.73-3.03B (midpoint $2.88B); adjusted EBITDA guidance raised to $6.025-6.325B.
- Rocky Mountain region NGL raw feed throughput volumes up 12% YoY; natural gas processed up 4% overall, 9% in Rocky Mountain.
- Refined products and crude segment contributed $381M adjusted EBITDA; $2B share repurchase program authorized.
- Quarterly dividend declared $0.99/share ($3.96 annualized); net debt-to-EBITDA 3.8x annualized.

## SEC filing metadata
- accession: 0001039684-24-000032
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/0001039684-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/oke-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039684-24-000032
- JSON: https://secwatch.observer/filing/0001039684-24-000032.json
- Plain text: https://secwatch.observer/filing/0001039684-24-000032.txt

## Key facts
- Earnings Releases
  ONEOK INC /NEW/ reported full year 2024 results: net income $2.88 billion, EPS $4.92. Guidance raised.
  - Period: full year 2024
  - Net income: $2.88 billion
  - EPS: $4.92
  - Guidance: raised
  - Result: guidance update
  source text: 2024 Guidance Increase: • Net income increased $70 million to a midpoint of $2.88 billion. • Earnings per diluted share increased to a midpoint of $4.92. • Adjusted EBITDA increased $75 million to a midpoint of $6.175 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/0001039684-24-000032-index.htm
- Earnings Releases
  ONEOK INC /NEW/ reported three months ended March 31, 2024 results: net income $639 million, EPS $1.09 per diluted share.
  - Period: three months ended March 31, 2024
  - Net income: $639 million
  - EPS: $1.09 per diluted share
  - Result: reported results
  source text: Net income of $639 million, resulting in $1.09 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/0001039684-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.