What were the main drivers of ONEOK's revenue growth in the first nine months of 2010?

While the exact figures are detailed within the Consolidated Statements of Income, management's discussion and analysis likely attributes revenue growth to increased volumes and services within its natural gas gathering and processing segments, potentially driven by expanded infrastructure and higher commodity prices compared to the prior year.

How is ONEOK funding its growth initiatives and capital expenditures?

The Consolidated Statements of Cash Flows and the Notes to the Consolidated Financial Statements will provide insight into how ONEOK is financing its operations and investments. This typically involves a combination of operating cash flow, debt financing, and potentially equity issuances, depending on the company's capital structure and strategy.

What are the key risks facing ONEOK as highlighted in this filing?

The 'Risk Factors' section (Item 1A) is the primary source for understanding potential risks. Investors should review this section for details on market volatility, regulatory changes, operational risks, and competitive pressures that could impact ONEOK's financial performance and future outlook.

What is the significance of the unaudited nature of these financial statements?

The financial statements are labeled 'unaudited' because they are for a quarterly period and have not undergone the full audit process that year-end financial statements receive. While they are prepared in accordance with Generally Accepted Accounting Principles (GAAP), investors should consider them as preliminary and subject to potential adjustments in the subsequent annual report.

OKE 10-Q Quarterly Report Q3 FY2010 — Revenue, Net Income, EPS

Summary

ONEOK Inc. (OKE) filed its quarterly report for the period ending September 29, 2010, presenting a mixed financial performance for the first nine months of the year. Investors should note the company's continued focus on growth initiatives, particularly in its natural gas gathering and processing segments, which are crucial drivers of future revenue. While topline revenue showed an increase, profitability metrics require careful examination in light of operational costs and capital expenditures. The report details ONEOK's financial condition and operational results, with management's discussion and analysis providing context for the presented financial statements. Key areas of focus for investors include the company's debt levels, cash flow generation, and its ability to fund ongoing expansion projects. The risk factors section also provides insight into potential challenges and uncertainties that could impact the company's future performance.

Financial Highlights

51 data points

Beta

Revenue

$2.88B

0.2% Gross Margin

Net Income

$55.30M

0.0% Net Margin

EPS (Diluted)

$0.26

Total Assets

$11.93B

Cash & Equivalents

$50.48M

Free Cash Flow

-$7.68M

Financial Statements

Beta

Revenue	$2.88B
Cost of Revenue	$2.49B
Gross Profit	$449.50M
Operating Expenses	$280.59M
Operating Income	$186.90M
Interest Expense	$70.91M
Net Income	$55.30M
EPS (Basic)	$0.26
EPS (Diluted)	$0.26
Shares Outstanding (Basic)	213K
Shares Outstanding (Diluted)	215K

Key Highlights

1Revenue growth was observed in the nine months ended September 30, 2010, compared to the same period in 2009, indicating increasing business activity.
2The company's natural gas gathering and processing segment continues to be a significant area of focus and likely contributed to revenue increases.
3Management's Discussion and Analysis (MD&A) provides crucial context for understanding the operational drivers behind the financial results and outlook.
4The report includes detailed notes to the consolidated financial statements, offering in-depth information on accounting policies, significant transactions, and financial instruments.
5Balance sheet data as of September 30, 2010, shows the company's asset and liability structure, with a focus on working capital and long-term investments.
6Cash flow statements for the nine months ended September 30, 2010, will reveal the company's ability to generate cash from operations and its investment activities.

ONEOK INC /NEW/ Quarterly Report for Q3 Ended Sep 30, 2010

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions