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ONEOK Inc (OKE)

OKE on New York Consolidated

58.32USD
19 Jan 2018
Change (% chg)

$0.18 (+0.31%)
Prev Close
$58.14
Open
$58.07
Day's High
$58.34
Day's Low
$57.14
Volume
8,657,039
Avg. Vol
2,956,121
52-wk High
$60.06
52-wk Low
$47.14

Latest Key Developments (Source: Significant Developments)

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

BRIEF-Oneok Increases Quarterly Dividend By 3 Pct

* ONEOK - ‍BOARD INCREASED QUARTERLY DIVIDEND 2.5 CENTS PER SHARE, OR 3 PERCENT COMPARED WITH ITS PRIOR DIVIDEND, TO 77 CENTS PER SHARE​ Source text for Eikon: Further company coverage: