secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001039684-24-000339
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK reports Q3 net income $693M ($1.18 EPS), raises 2024 guidance second time
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- Net income $693M vs $454M YoY; diluted EPS $1.18 vs $0.99; adjusted EBITDA $1.55B vs $1.015B.
- Stand-alone 2024 net income midpoint raised to $2.945B (from $2.88B); adjusted EBITDA midpoint to $6.275B (from $6.175B).
- Consolidated 2024 guidance includes EnLink and Medallion: net income midpoint $2.995B, adjusted EBITDA $6.625B.
- Completed $3.3B EnLink acquisition in Oct 2024; $2.6B Medallion acquisition pending; $7B senior notes issued in Sept.
- Quarterly dividend declared at $0.99 per share ($3.96 annualized); no change in stand-alone capex guidance $1.75-1.95B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000339/0001039684-24-000339-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968424000339/oke-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001039684-24-000339

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