ONEOK (OKE) Misses Q4 EPS by 3c
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ONEOK Announces Higher Fourth-quarter and Full-year 2016 Financial Results
February 27, 2017 4:21 PM ESTTULSA, Okla., Feb. 27, 2017 /PRNewswire/ --Â ONEOK, Inc. (NYSE: OKE) today announced fourth-quarter and full-year 2016 financial results.
SUMMARY
Full-year 2016 net income attributable to ONEOK and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased 44 and 17 percent, respectively, compared with 2015; Full-year 2016 dividend coverage ratio was 1.31; The natural gas gathering and processing segment's average fee rate increased to 76 cents in 2016, compared with 44 cents in 2015; and Full-year 2016 natural gas volumes processed increased 12 percent and natural gas liquids (NGL) volumes fractionated increased 6 percent, compared with 2015.FOURTH-QUARTER AND FULL-YEAR 2016 FINANCIAL... More
