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ONEOK Inc (OKE.N)

OKE.N on New York Stock Exchange

54.22USD
21 Feb 2017
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$0.58 (+1.08%)
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Latest Key Developments (Source: Significant Developments)

Oneok says oneok partners must pay termination fee of up to $300 mln
Wednesday, 1 Feb 2017 05:43pm EST 

Oneok Inc :Oneok Inc - Oneok Partners must pay Oneok a termination fee of up to, in certain instances, $300 million.  Full Article

Oneok to buy rest of Oneok Partners for $9.3 bln
Wednesday, 1 Feb 2017 06:44am EST 

Oneok Inc : Oneok announces agreement to acquire remaining public stake in Oneok partners in a transaction valued at $17.2 billion . Says oneok will acquire all of outstanding common units of oneok partners it does not already own for $9.3 billion in oneok common stock . Oneok announces agreement to acquire remaining public stake in oneok partners in a transaction valued at $17.2 billion . Oneok - deal to be immediately accretive, and then double-digit accretive to oneok's distributable cash flow (dcf) in all years from 2018 through 2021 . Oneok inc -each outstanding common unit of oneok partners that oneok does not already own will be converted into .985 shares of oneok common stock . Says oneok does not expect to pay cash income taxes through at least 2021 . Oneok inc - as a result of transaction, oneok's annual dcf is expected to approximately double . Says following close of transaction, oneok is expected to have a more than $30 billion enterprise value . Oneok inc - oneok will acquire all of outstanding common units of oneok partners it does not already own for $9.3 billion in oneok common stock . Oneok inc - upon completion of transaction, oneok does not expect to pay cash income taxes through at least 2021 . Oneok inc - management intends to recommend to oneok board a 21 percent increase in first quarterly dividend following completion of transaction.  Full Article

Oneok sees 2017 maintenance capital expense of $140 mln to $160 mln
Wednesday, 1 Feb 2017 06:30am EST 

Oneok Inc : Oneok inc - dividend increase of 21 percent to 74.5 cents per share . Oneok inc sees annual dividend growth of 9 to 11 percent through 2021 . Oneok announces 2017 financial guidance . Oneok inc sees 2017 maintenance capital expenditures $ 140 - $ 160 million . Oneok inc - natural gas liquids segment expects full-year 2017 adjusted ebitda of $1.11 billion to $1.31 billion . Oneok - ngls gathered expected to average 800,000 to 900,000 bpd and ngls fractionated are expected to average 575,000 to 635,000 bpd in 2017 . Oneok inc - natural gas pipelines segment expects full-year 2017 adjusted ebitda of $320 million to $340 million .Oneok inc - natural gas gathering and processing segment expects full-year 2017 adjusted ebitda of $445 million to $485 million.  Full Article

Oneok Inc posts Q2 earnings per share $0.40
Tuesday, 2 Aug 2016 04:20pm EDT 

Oneok Inc : Oneok Inc says qtrly net income per diluted earnings per share $0.40 . Qtrly NGL sales (including ethane)16.0 mbbl/d versus 21.1 mbbl/d . Qtrly total revenues $2.134 billion versus $2.128 billion .Q2 earnings per share view $0.44, revenue view $1.99 billion -- Thomson Reuters I/B/E/S.  Full Article

ONEOK Partners says qtrly net income per limited partner unit $0.54
Tuesday, 2 Aug 2016 04:15pm EDT 

ONEOK Partners Lp :Qtrly net income per limited partner unit $0.54.  Full Article

ONEOK Inc declares quarterly dividend
Thursday, 21 Jan 2016 04:20pm EST 

ONEOK Inc:Declared a quarterly dividend of 61.5 cents per share.Dividend is payable Feb. 12 to shareholders of record date as on Feb. 1.  Full Article

ONEOK Increases Quarterly Dividend
Wednesday, 21 Oct 2015 04:17pm EDT 

ONEOK Inc:Increased ONEOK's quarterly dividend by 1 cent per share, or 2 percent, to 61.5 cents per share, effective for the third quarter 2015.Dividend is payable Nov. 13, to shareholders of record at the close of business Nov. 2.  Full Article

ONEOK announces pricing of $500 mln notes offering
Tuesday, 18 Aug 2015 05:12pm EDT 

ONEOK Inc:Priced an offering to sell $500 million of 7.50 percent senior notes due 2023.Net proceeds, after deducting underwriting discounts and estimated expenses, are expected to be about $487.1 million.Expects to use the proceeds and cash on hand to purchase additional common units from ONEOK Partners, L.P. in a private placement.  Full Article

ONEOK announces $500 million notes offering
Wednesday, 12 Aug 2015 12:00am EDT 

ONEOK Inc:Announced an offering to sell $500 million of senior notes.The notes will be issued under ONEOK's existing shelf registration statement previously filed with the U.S. Securities and Exchange Commission.ONEOK expects to use the net proceeds from this offering and cash on hand to purchase additional common units from ONEOK Partners, L.P. in a private placement.  Full Article

ONEOK, Inc reaffirms FY 2015 earnings guidance
Tuesday, 4 Aug 2015 04:10pm EDT 

ONEOK, Inc:Reaffirms FY 2015 adjusted EBITDA guidance range of $1.51 billion to $1.73 billion; and its net income guidance range of $845 million to $1.01 billion provided on Feb. 23, 2015.  Full Article

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BRIEF-Oneok sees 2017 maintenance capital expense of $140 mln to $160 mln

* Oneok inc - dividend increase of 21 percent to 74.5 cents per share