Title : ONEOK 4Q18 And Full-Year Resuts
link : ONEOK 4Q18 And Full-Year Resuts
ONEOK 4Q18 And Full-Year Resuts
Link here.- Higher full year 2018 results, compared with the full year 2017:
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- 32 percent increase in operating income to $1,835.5 million
- 23 percent increase in adjusted EBITDA to $2,447.5 million
- 1.37 times dividend coverage ratio
- 16 percent increase in natural gas volumes processed
- 12 percent increase in natural gas liquids (NGL) volumes gathered.
- Higher 2019 financial guidance, compared with full year 2018 results:
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- 10 percent net income midpoint increase to $1.27 billion
- 6 percent adjusted EBITDA midpoint increase to $2.60 billion
- Growth capital midpoint of $3.10 billion; maintenance capital midpoint of $180 million.
Pays slightly more than 5%.
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