ONEOK (OKE) Misses Q4 EPS by 4c, Offers Guidance
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ONEOK Announces Higher Full-year 2021 Earnings and 2022 Financial Guidance
February 28, 2022 4:15 PM ESTTULSA, Okla., Feb. 28, 2022 /PRNewswire/ --Â ONEOK, Inc. (NYSE: OKE) today announced fourth quarter and full-year 2021 results and announced 2022 financial guidance.
Higher Full-year 2021 Results, Compared With Full Year 2020:
Net income of $1.5 billion, resulting in $3.35 per diluted share. 24% increase in adjusted EBITDA to $3.38 billion. 21% increase in Rocky Mountain region natural gas volumes processed. More than 320 wells connected in the Rocky Mountain region. 45% increase in Rocky Mountain region NGL raw feed throughput volumes. 3.99 times net debt-to-EBITDA ratio. More than $600 million in total debt reduction during... More