ONEOK Inc. is a leading midstream service provider in the natural gas and natural gas liquids sector. The company's mission is to safely and efficiently transport and store energy resources, contributing to the energy needs of North America. ONEOK's strategy focuses on expanding its infrastructure and services to meet growing demand, while maintaining a commitment to sustainability and operational excellence. With a diverse portfolio of pipelines and processing facilities, ONEOK plays a crucial role in connecting producers to markets, ensuring reliable energy supply and supporting economic growth.

ONEOK INC

ONEOK has made headlines with its impressive fourth-quarter and full-year 2024 earnings, surpassing analysts' expectations with an earnings per share (EPS) of $1.57 and total revenues reaching $7 billion. This considerable growth can be attributed largely to strategic acquisitions, particularly the $18.8 billion purchase of Magellan Midstream Partners. This acquisition...

ONEOK Reports Strong Q4 2024 Earnings, Driven by Strategic Acquisitions and Fee-Based Revenue Stability

ONEOK's fourth-quarter results reveal a remarkable earnings per share of $1.57 and total revenues of $7 billion, driven by strategic acquisitions and a strong fee-based revenue model. Can this resilience in the face of market fluctuations position ONEOK for sustained growth in the future?