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Oneok Inc Reports $1 Billion Quarterly Profit
By USinMinutes - Feb 24, 2025, 04:53 PM ET
Last Updated - Feb 25, 2025, 12:32 AM EST
The company records $7 billion revenue for Q4 ended Dec 31, 2024
ONEOK INC /NEW/ [OKE] reported $1 billion profit for Q4 ended Dec 31, 2024, showing an increase of $312 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 24, 2025 that it generated revenue of $7 billion for the period, showing an increase of $1.8 billion in the same quarter of the previous year.
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Based in Tulsa, Oklahoma, the company reported $1.6 earnings per share for the period, compared to $1.2 in the last quarter.
The company's profit increased by 45.35% from $688 million in the last quarter.
The revenue increased 33.72% from $5.2 billion in the same quarter of the previous year.
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