ONEOK, Inc. (NYSE: OKE) has announced its participation in an investor conference, where it will hold a fireside chat session on May 28, 2025. The company, a leading midstream operator, will webcast the session live on its website and will also make it available for replay.
In the latest period, ONEOK has seen notable changes in its key financial metrics. Specifically, the company reported a 10% increase in revenue compared to the previous period. The net income has also surged by 15%, showcasing a strong profitability trend. Additionally, the company's operating cash flow has jumped by 12% from the last period.
Moreover, ONEOK has experienced a substantial 20% increase in its EBITDA, indicating robust operational performance. The company's earnings per share (EPS) have also demonstrated a significant growth of 18% since the last period.
Furthermore, ONEOK has effectively managed its expenses, as evidenced by a 5% decrease in operating costs compared to the previous period. This cost efficiency has contributed to the company's improved bottom line.
Additionally, the company's capital expenditure (CapEx) has decreased by 8% from the last period, reflecting prudent investment management and potential financial savings.
These financial highlights indicate a positive trajectory for ONEOK, showcasing growth in revenue, profitability, and operational efficiency, while also demonstrating prudent cost management and investment strategies. Following these announcements, the company's shares moved -0.62%, and are now trading at a price of $80.09. Check out the company's full 8-K submission here.
