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Oneok Surpasses Q4 Revenue Expectations
Oneok outperformed expectations with its Q4 2024 earnings, reporting a 33% increase in both EPS and revenue compared to the previous year.
Oneok (NYSE:OKE), a prominent player in the natural gas and NGL sectors, reported fourth-quarter and full-year 2024 earnings on Monday, Feb. 24, that topped analysts' consensus expectations. EPS of $1.57 surpassed estimates of $1.49 while Q4 revenue hit $7 billion, ahead of the expected $6.18 billion.
The quarter marked a period of robust growth driven by strategic acquisitions and increased throughput, which reflect its effective management and operational strategy.
Source: Oneok. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
