8-KRegulation FDExhibits & Filings

ONEOK INC /NEW/ 8-K Report, Regulation FD Disclosure (Sep 21, 2004)

Filed September 21, 2004For Securities:OKE

Summary

This 8-K filing by ONEOK, Inc. (OKE) on September 20, 2004, primarily serves to disclose the company's earnings guidance for the upcoming fiscal year 2005. ONEOK announced projected earnings per diluted share for 2005 in the range of $2.22 to $2.28. The company also reaffirmed its existing earnings guidance for the current year, 2004, which was set between $2.18 and $2.24 per diluted share. This guidance provides investors with an outlook on the company's expected financial performance. The filing also includes a standard cautionary statement regarding forward-looking statements, highlighting various risks and uncertainties that could potentially impact actual results. Investors should pay close attention to these disclosures as they assess the company's future prospects and potential volatility.

Key Highlights

  • 1ONEOK, Inc. (OKE) issued its earnings guidance for fiscal year 2005.
  • 2Projected 2005 earnings per diluted share are expected to be in the range of $2.22 to $2.28.
  • 3The company reaffirmed its 2004 earnings per diluted share guidance of $2.18 to $2.24.
  • 4The information was disclosed via a press release filed with the SEC on September 20, 2004.
  • 5The filing includes a comprehensive list of risk factors and uncertainties that could affect future performance.
  • 6These risk factors cover a broad spectrum including credit ratings, weather, competition, regulatory changes, and economic conditions.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly disclose ONEOK, Inc.'s earnings guidance for the fiscal year 2005 and to reaffirm its guidance for 2004. This provides investors with forward-looking financial expectations from the company.

ONEOK projects its earnings per diluted share for the fiscal year 2005 to be in the range of $2.22 to $2.28.

ONEOK has reaffirmed its earnings per diluted share guidance for the fiscal year 2004 to be in the range of $2.18 to $2.24.

ONEOK lists numerous risks, including potential reductions in credit ratings, the impact of weather and natural phenomena, competition from other energy suppliers and alternative energy sources, the capital-intensive nature of its business, deregulation in the natural gas sector, risks associated with marketing and trading activities, economic climate changes, commodity price volatility, government policy and regulatory actions, accounting changes, potential terrorist attacks, changes in interest rates and equity markets, risks related to acquisitions and dispositions, and outcomes of litigation.