OKE Q2 2024 Earnings — ONEOK, Inc. Revenue & Financial Results | Market Cap Arena

OKEONEOK, Inc.

$54B

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.9B+34.6% YoY

Gross Profit

$1.3B25.6% margin

Operating Income

$1.2B25.1% margin

Net Income

$780M15.9% margin

EPS (Diluted)

$1.33

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$951M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.5B

Total Liabilities

$27.8B

Stockholders' Equity

$16.7B

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$3.6B	+34.6%
Gross Profit	$1.3B	$632M	+97.9%
Operating Income	$1.2B	$585M	+110.1%
Net Income	$780M	$468M	+66.7%

Revenue Segments

Natural Gas Liquids

$3.5B64%

Refined Products and Crude Oil

$1.0B18%

Natural Gas Gathering And Processing

$846M15%

Natural Gas Pipelines

$163M3%