OKE Q2 2023 Earnings — ONEOK, Inc. Revenue & Financial Results | Market Cap Arena

OKEONEOK, Inc.

$54B

Q2 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$3.6B-41.8% YoY

Gross Profit

$632M17.4% margin

Operating Income

$585M16.1% margin

Net Income

$468M12.9% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

-19.1%

Cash Flow

Operating Cash Flow

$772M

Free Cash Flow

$467M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$24.0B

Total Liabilities

$16.8B

Stockholders' Equity

$7.2B

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$6.3B	-41.8%
Gross Profit	$632M	$812M	-22.2%
Operating Income	$585M	$771M	-24.1%
Net Income	$468M	$414M	+13.1%

Revenue Segments

Natural Gas Liquids

$3.3B78%

Natural Gas Gathering And Processing

$809M19%

Natural Gas Pipelines

$146M3%

Geographic Segments

Total Segments

$4.3B100%