8-KEarnings & ResultsExhibits & Filings

ONEOK INC /NEW/ 8-K Report, Financial Results (Mar 8, 2006)

Filed March 8, 2006For Securities:OKE

Summary

ONEOK Inc. (OKE) filed an 8-K on March 8, 2006, to report a significant revision to its previously announced financial results for the fiscal year ended December 31, 2005. The company also announced an increase in its earnings guidance for the upcoming fiscal year 2006. This filing indicates a material change in the company's financial performance and future outlook, requiring immediate investor attention. The primary driver for these revisions and updated guidance is detailed within the accompanying press release (Exhibit 99.1). Investors should review this press release to understand the specific factors impacting the 2005 results and the rationale behind the enhanced 2006 earnings projections. This information is crucial for assessing the company's current financial health and its anticipated performance trajectory.

Key Highlights

  • 1Revision of 2005 fiscal year results of operations announced.
  • 2Increase in 2006 fiscal year earnings guidance provided.
  • 3Filing includes a press release (Exhibit 99.1) detailing these financial updates.
  • 4The event date for this report is March 7, 2006, filed on March 8, 2006.
  • 5The 8-K is filed under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits).

Frequently Asked Questions

The 8-K filing itself does not provide the detailed reasons. Investors need to refer to the furnished press release (Exhibit 99.1) dated March 8, 2006, for specific explanations regarding the revisions to the 2005 results and the increased 2006 earnings guidance.

The filing states that the 'previously announced results of operations for the year ended December 31, 2005' were revised. The exact nature and magnitude of these revisions (e.g., changes in revenue, net income, EPS) are detailed in the press release furnished as Exhibit 99.1.

The filing announces an 'increasing 2006 earnings guidance.' Specific details on the new guidance figures are not included in the 8-K text and would be found in the accompanying press release (Exhibit 99.1).

The full details are contained within the press release issued by ONEOK, Inc. on March 8, 2006, which is attached as Exhibit 99.1 to this 8-K filing.