ONEOK: Q2 Earnings Insights

Shares of ONEOK OKE fell 3.71% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 57.33% year over year to $0.32, which missed the estimate of $0.54.

Revenue of $3,021,000,000 higher by 22.90% from the same period last year, which beat the estimate of $2,300,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

ONEOK hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $78.48

52-week low: $12.16

Price action over last quarter: down 12.68%

Company Profile

Oneok provides natural gas gathering, processing, storage, and transportation as well as natural gas liquids transportation and fractionation. It owns extensive assets in the midcontinent, Permian, and Rocky Mountain regions.