ONEOK Earnings Reports

ONEOK's Q4 2024 revenue grew 33.77% YoY to $7.00B, supported by strong commodity sales and services revenue. Net income rose 34.26% to $923.00M, while adjusted EBITDA increased 43.64% to $2.17B. Strategic acquisitions and operational efficiencies contributed to higher earnings.

ONEOK reported a net income of $693 million and adjusted EBITDA of $1.55 billion for Q3 2024, driven by strong performance in the Rocky Mountain region, record refined product volumes, increased demand for natural gas transportation, and acquisition-related synergies. The company also increased its 2024 financial guidance for the second time this year.