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ONEOK Announces 32 Percent Increase in 2018 Operating Income; Announces 2019 Financial Guidance and 2020 Outlook
Higher 2019 Expectations Driven by Completed Capital-growth Projects
TULSA, Okla., Feb. 25, 2019 /PRNewswire/ -- ONEOK, Inc. (OKE) today announced higher fourth-quarter and full-year 2018 results, compared with the same periods in 2017, and announced 2019 financial guidance and a 2020 outlook.
Higher Full Year 2018 Results, Compared With The Full Year 2017:
![[Bild: OKEc1dl1646.png]](https://finviz.com/publish/022519/OKEc1dl1646.png)
Higher 2019 Expectations Driven by Completed Capital-growth Projects
TULSA, Okla., Feb. 25, 2019 /PRNewswire/ -- ONEOK, Inc. (OKE) today announced higher fourth-quarter and full-year 2018 results, compared with the same periods in 2017, and announced 2019 financial guidance and a 2020 outlook.
Higher Full Year 2018 Results, Compared With The Full Year 2017:
- 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.
