OKE's Growth Comparisons in III. Quarter 2024
Oneok Inc improved it's Revenue by 19.91% year on year in the third quarter 2024, and outpaced the 0.97% growth in the Natural Gas Utilities industry, and 2.52% growth in the Utilities sector. Despite modest Sales rises in the Utilities sector and in the Natural Gas Utilities industry, Oneok Inc reported above average market Sales growth.
Comparing the company's Revenue to the second quarter results, sales were higher by 2.64% . On the yearly basis, average annual sales growth for Oneok Inc is 7.02%, while S & P 500's including only Businesses with the third quarter 2024 earnings, average annual sales growth is 7.61% over the past five years.
Segment Name |
Y / Y |
Seq. |
Liquids commodity sales |
|
- |
- |
Residue natural gas sales |
|
-22.34 % |
- |
Gathering processing and exchange services revenue |
|
-11.83 % |
- |
Transportation and storage revenue |
|
295.21 % |
- |
Other |
|
-55.95 % |
- |
segments |
|
18.7 % |
- |
Natural Gas Gathering and Processing Natural Gas Gathering and Processing Intersegment |
|
5.97 % |
- |
Natural Gas Gathering and Processing segments |
|
-6.22 % |
- |
Natural Gas Gathering and Processing Liquids commodity sales |
|
- |
- |
Natural Gas Gathering and Processing Residue natural gas sales |
|
-21.51 % |
- |
Natural Gas Gathering and Processing Gathering processing and exchange services revenue |
|
-2.78 % |
- |
Natural Gas Gathering and Processing Other |
|
-66.67 % |
- |
Natural Gas Liquids segments |
|
1.24 % |
- |
Natural Gas Liquids Liquids commodity sales |
|
- |
- |
Natural Gas Liquids Gathering processing and exchange services revenue |
|
-14 % |
- |
Natural Gas Liquids Transportation and storage revenue |
|
4.17 % |
- |
Natural Gas Liquids Other |
|
0 % |
- |
Natural Gas Pipelines segments |
|
17.12 % |
- |
Natural Gas Pipelines Transportation and storage revenue |
|
19.58 % |
- |
Refined Products and Crude segments |
|
1237.5 % |
- |
Refined Products and Crude Liquids commodity sales |
|
- |
- |
Refined Products and Crude Transportation and storage revenue |
|
- |
- |
Refined Products and Crude Other |
|
-58.33 % |
- |
Natural Gas Pipelines |
|
17.12 % |
- |
Refined Products and Crude c |
|
1237.5 % |
- |
Other and Eliminations |
|
- |
- |
Liquids commodity sales segments |
|
- |
- |
Liquids commodity sales Refined Products and Crude c |
|
- |
- |
Liquids commodity sales Other and Eliminations |
|
- |
- |
Residue natural gas sales segments |
|
-22.34 % |
- |
Gathering processing and exchange services revenue segments |
|
-11.83 % |
- |
Transportation and storage revenue segments |
|
291.1 % |
- |
Transportation and storage revenue Natural Gas Pipelines |
|
19.58 % |
- |
Transportation and storage revenue Refined Products and Crude c |
|
- |
- |
Transportation and storage revenue Other and Eliminations |
|
- |
- |
Other segments |
|
-56.47 % |
- |
Other Refined Products and Crude c |
|
-58.33 % |
- |
Total |
|
- |
- |
Oneok Inc reported 19.19% year on year EPS improvement in the third quarter to $1.18, although Natural Gas Utilities industry declined by -8.11%, Utilities sector improved 13.2%. Although Natural Gas Utilities industry's earnings per share were softer then -6.44% overall market growth, Oneok Inc and the Utilities sector have delivered above the average market earnings per share.
Sequentially company's EPS fell by -11.28% from the second quarter results. . Looking into annual growth, income per share grew by 14.54% on average in last five years, while S & P 500's including only Businesses with the third quarter 2024 reports, average yearly income per share growth is 7.44%.