secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001039684-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/0001039684-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000032/oke-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001039684-24-000032

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