Key Developments: ONEOK Partners LP (OKS)
49.93USD
18 Jun 2013
$-0.12 (-0.24%)
$50.05
$49.99
$50.20
$49.70
573,787
484,748
$61.34
$49.59
Latest Key Developments (Source: Significant Developments)
Oneok Partners LP Reaffirms FY 2013 Net Income Guidance
Oneok Partners LP reaffirmed net income guidance range of $790 million to $870 million and its distributable cash flow (DCF) range of $910 million to $1.0 billion, provided on Feb. 25, 2013. Full Article
Oneok Partners LP Increases Quarterly Distribution
Oneok Partners LP announced that it increased the partnership's quarterly cash distribution by $0.005 0 to $0.715 per unit from $0.71 per unit, effective for the first quarter 2013, resulting in an annualized cash distribution of $2.86 per unit. The distribution is payable May 15, 2013, to unitholders of record as of April 30, 2013. Full Article
Oneok Partners LP Lowers FY 2013 Net Income Guidance
Oneok Partners LP announced that for fiscal 2013, it expects net income guidance range to $790 million to $870 million, compared with the previous guidance range of $935 million to $1.015 billion announced on September 24, 2012. Full Article
Oneok Partners LP Increases Quarterly Distribution
Oneok Partners LP announced that it has increased the partnership's quarterly cash distribution 2.5 cents to 71 cents per unit from 68.5 cents per unit, effective for the fourth quarter 2012, resulting in an annualized cash distribution of $2.84 per unit. The distribution is payable Feb. 14, 2013, to unitholders of record as of Jan. 31, 2013. Full Article
Oneok Partners LP Reaffirms FY 2012 Net Income Guidance
Oneok Partners LP announced that for 2012, it affirmed net income guidance range of $860-$910 million. Full Article
Oneok Partners LP Increases Quarterly Distribution
Oneok Partners LP announced that the Board of Directors increased the partnership's quarterly cash distribution to 68.5 cents per unit from 66 cents per unit, effective for the third quarter 2012, resulting in an annualized cash distribution of $2.74 per unit. The distribution is payable November 14, 2012, to unitholders of record as of November 5, 2012. Full Article
Oneok Partners LP Issues FY 2013 Earnings Guidance
Oneok Partners LP announced that for fiscal 2013, it expects net income to be in the range of $935 million to $1.015 billion, EBITDA to be in the range of $1.36 billion to $1.48 billion and operating income to be $1.027 billion. Full Article
Oneok Partners LP Announces $1.3 Billion Notes Offering
Oneok Partners LP announced that it has priced an offering to sell $1.3 billion of senior notes, consisting of $400 million of five-year senior notes at a coupon of 2.0% and $900 million of 10-year senior notes at a coupon of 3.375%. The notes will be issued under the partnership's existing shelf registration statement previously filed with the Securities and Exchange Commission. The net proceeds, after deducting underwriting discounts and commissions, are expected to be $1.29 billion. ONEOK Partners expects to use the proceeds to repay amounts outstanding under its $1.2 billion commercial paper program and for general partnership purposes, including but not limited to capital expenditures. The joint book-running managers for the offering are RBS Securities Inc., Mitsubishi UFJ Securities (USA), Inc. and U.S. Bancorp Investments, Inc. ONEOK Partners expects the notes offering to close on September 13, 2012. Full Article
Oneok Partners LP Raises FY 2012 Net Income Guidance
Oneok Partners LP increased its fiscal 2012 net income guidance range to $860 million to $910 million, compared with the previous guidance range of $810 million to $870 million. The updated guidance reflects higher anticipated earnings in the partnership's natural gas liquids segment offset partially by lower expected earnings in the natural gas gathering and processing segment. Full Article
Oneok Partners LP Increases Quarterly Distribution
Oneok Partners LP announced that partnership's quarterly cash distribution to $0.66 per unit from $0.635 per unit, effective for the second quarter 2012, resulting in an annualized cash distribution of $2.64 per unit. The distribution is payable August 15, 2012, to unitholders of record as of August 6, 2012. Full Article
CORRECTED-RESEARCH ALERT-ONEOK Partners: Credit Suisse cuts price target
(Corrects to say research action is on ONEOK Partners LP , a unit of ONEOK Inc, and not on the parent company)
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