Oneok reports Q1 EPS $1.09, consensus $1.15

“ONEOK generated solid results during the first quarter, supported by higher year-over-year volumes in the Rocky Mountain region and contributions from the refined products and crude segment,” said Pierce Norton II, ONEOK president and chief executive officer. “The strength of our business, underscored by accelerating volumes and a positive synergy outlook, resulted in an increase to our 2024 financial guidance and provides significant momentum into 2025. The resiliency of our assets and employees was highlighted once again as we were able to quickly respond to winter weather during the first quarter,” continued Norton. “We remain focused on integrating the Magellan assets and maximizing value for our stakeholders.”