Summary
ONEOK Inc. (OKE) filed an 8-K on January 22, 2010, primarily to disclose updated financial guidance and preliminary 2009 results. The company provided its outlook for 2010, projecting net income to fall within the range of $300 million to $335 million. This guidance indicates management's expectations for the company's performance in the upcoming fiscal year, reflecting anticipated operational and market conditions.
Key Highlights
- 1ONEOK Inc. (OKE) released its 2010 earnings guidance on January 19, 2010.
- 2The company expects 2010 net income to be between $300 million and $335 million.
- 3ONEOK updated its 2009 earnings per diluted share guidance.
- 4The updated 2009 guidance is now expected to be between $2.85 and $2.89 per diluted share.
- 5This 2009 performance is slightly above the previous high-end guidance of $2.65 to $2.85 per diluted share.
- 6The filing includes a news release dated January 19, 2010, as an exhibit.