BUZZ-ONEOK falls after posting lower Q1 profit

Reuters
04-30
BUZZ-ONEOK falls after posting lower Q1 profit

** Shares of U.S. pipeline operator ONEOK OKE.N fall ~7% to $81.82

** Co on Tuesday reported a marginal fall in Q1 profit, hurt by higher operating costs and divestments

** OKE posts Q1 net income of $636 million, or $1.04/shr, compared with $639 million, or $1.09/ share, a year earlier

** Operating costs in Q1 jumped about 32% to $752 million from a year earlier

** Co reaffirms forecast of current-year net income to be between $3.21 billion and $3.69 billion

** "Despite weak Q1 results, management reaffirmed 2025 guidance indicating they expect a linear ramp in earnings throughout the remainder of the year," Tudor, Pickering, Holt & Co analysts wrote in a note

** OKE shares are further pressured by declining crude prices O/R

** Including session's move, co's shares down 19.7% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10