OKE Q1 2024 Earnings — ONEOK, Inc. Revenue & Financial Results | Market Cap Arena

OKEONEOK, Inc.

$54B

Q1 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.8B+6.3% YoY

Gross Profit

$1.1B23.9% margin

Operating Income

$1.1B22.3% margin

Net Income

$639M13.4% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

$596M

Free Cash Flow

$84M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.4B

Total Liabilities

$27.9B

Stockholders' Equity

$16.4B

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.5B	+6.3%
Gross Profit	$1.1B	$747M	+53.1%
Operating Income	$1.1B	$1.5B	-27.7%
Net Income	$639M	$1.0B	-39.1%

Revenue Segments

Natural Gas Liquids

$3.4B63%

Natural Gas Gathering And Processing

$1.0B18%

Refined Products and Crude Oil

$844M15%

Natural Gas Pipelines

$185M3%