![ONEOK INC /NEW/ [OKE] reports annual net loss of $2.7 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FOKE.png&w=3840&q=75)
ONEOK INC /NEW/ [OKE] reports annual net loss of $2.7 billion
Company Reports Revenue of $17.7 billion
By USInMinutes
Published - Mar 07, 2024, 04:20 AM ET
Last Updated - Mar 07, 2024, 04:21 AM EST
ONEOK INC /NEW/ [OKE] has reported a net loss of $2.7 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $17.7 billion
Based in TULSA, Oklahoma, ONEOK INC /NEW/ operates in the TRANSPORT sector.
In the annual report comparison between the twelve months ended December 31, 2023, and the same period in 2022 and 2021, the following financial performance metrics were observed:
Total revenues for the period ending December 31, 2023, amounted to $17.68 million, compared to $22.39 million in 2022 and $16.54 million in 2021. There was a decrease from the previous year, primarily due to lower commodity sales revenue.
