Summary
ONEOK Inc. (OKE) filed an 8-K on February 8, 2009, to disclose its financial guidance for 2009 and affirm its guidance for 2008. The company expects its 2009 diluted earnings per share (EPS) to be in the range of $2.25 to $2.75. This guidance comes amidst economic uncertainty, and investors will be looking for commentary on the assumptions underpinning these figures, particularly regarding energy demand and pricing. Furthermore, ONEOK affirmed its previously issued 2008 diluted EPS guidance of $2.95 to $3.05. The company's ability to meet these projections will be closely watched, especially given the challenging macroeconomic environment. The filing also references a news release dated February 5, 2009, which presumably contains further details on these financial outlooks and any associated risks or opportunities.
Key Highlights
- 1ONEOK provided 2009 diluted EPS guidance of $2.25 to $2.75.
- 2The company affirmed its 2008 diluted EPS guidance of $2.95 to $3.05.
- 3The guidance was announced on February 5, 2009, via a press release.
- 4The filing serves as a Regulation FD disclosure regarding the company's financial outlook.
- 5Investors should refer to the February 5, 2009, news release for additional details.