Key Developments: ONEOK Inc (OKE)
9 Dec 2013
Latest Key Developments (Source: Significant Developments)
ONEOK, Inc. announced that for fiscal 2011, it expects net income to be in a range of $355-$365 million, within the earnings guidance range of $345-$365 million provided on November 1, 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of $351 million for fiscal 2011. Full Article
ONEOK, Inc. announced that it has increased the quarterly dividend to $0.61 per share of common stock from $0.56 per share, a $0.05 per-share, or 9%, increase, effective for the fourth quarter 2011, payable February 14, 2012, to shareholders of record at the close of business January 31, 2012. Full Article
June 10 - Natural gas processor ONEOK Inc said it would wind down its loss-making gas marketing business by next year to "remove earnings uncertainty," and the company lowered its full-year earnings forecast for the second time in three months.