Oneok (OKE) Q4 Earnings: A Closer Examination of Key Metrics

In the quarter that concluded in December 2024, Oneok Inc. (OKE) reported impressive financial results, showcasing a revenue of $7 billion. This figure represents a significant increase of 33.7% compared to the same period last year. Furthermore, the earnings per share (EPS) stood at $1.57, an improvement from $1.18 during the previous year’s quarter.

When analyzing Oneok's performance, it is essential to note that the reported revenue surpassed the Zacks Consensus Estimate of $6.56 billion, demonstrating a surprise of +6.77%. Additionally, the company's EPS exceeded expectations with a surprise of +8.28%, with the consensus EPS estimate being $1.45.

Investors typically focus on the year-over-year changes in revenue and earnings, as well as how these figures align with Wall Street estimates. However, key metrics provide deeper insights into the underlying performance of the company.

Understanding these metrics is crucial for assessing the driving factors behind the overall revenue and earnings figures. By comparing these metrics with prior year data and analyst forecasts, investors can better estimate potential future stock performance.

Key Performance Metrics

Here’s how Oneok performed in the recently reported quarter based on metrics that analysts closely monitor:

• Adjusted EBITDA - Natural Gas Liquids: $696 million, surpassing the average estimate of $639.37 million from two analysts.
• Adjusted EBITDA - Natural Gas Pipelines: $417 million, compared to the average estimate of $167.62 million from two analysts.
• Adjusted EBITDA - Natural Gas Gathering and Processing: $489 million, exceeding the average estimate of $317.21 million from two analysts.

These metrics illustrate that Oneok not only performed well compared to its previous year's results but also outpaced analysts' expectations significantly.

Over the past month, Oneok's shares saw a decline of -6.2%, in contrast to the Zacks S&P 500 composite’s -0.5% change. The stock currently has a Zacks Rank #3 (Hold), suggesting it is expected to perform in line with the broader market in the near future.

Earnings, Metrics, Oneok