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An announcement from Oneok ( (OKE) ) is now available.
ONEOK, Inc. revealed strong financial performance for the third quarter of 2024, reporting a net income of $693 million and an adjusted EBITDA of $1.55 billion, driven by increased natural gas and NGL processing volumes in the Rocky Mountain region. The company raised its 2024 financial guidance, reflecting confidence in synergy expectations and fee-based earnings, bolstered by strategic acquisitions, including EnLink and Medallion. This marks the second guidance increase in 2024, showcasing ONEOK’s robust operational integration and commitment to delivering exceptional value.
For a thorough assessment of OKE stock, go to TipRanks’ Stock Analysis page.
