8-KEarnings & ResultsRegulation FDExhibits & Filings

ONEOK INC /NEW/ 8-K Report, Financial Results (Jul 28, 2020)

Filed July 28, 2020For Securities:OKE

Summary

ONEOK Inc. (OKE) filed an 8-K on July 28, 2020, to announce its financial results for the second quarter ended June 30, 2020, and to provide an updated outlook for the full year 2020. The filing primarily incorporates by reference a news release (Exhibit 99.1) detailing these financial and operational updates. Investors should focus on the information within the furnished news release for the specifics of OKE's performance and forward-looking guidance. This 8-K signals a key reporting event for the company, providing crucial data points on its financial condition and operational performance during the second quarter amidst evolving economic conditions. The update to the 2020 outlook is particularly important for assessing management's expectations for the remainder of the year.

Key Highlights

  • 1ONEOK Inc. announced its Q2 2020 financial results on July 28, 2020.
  • 2The company provided an updated financial and operational outlook for the full year 2020.
  • 3The details of the Q2 results and 2020 outlook are contained in a furnished news release (Exhibit 99.1).
  • 4This 8-K filing serves as a notification of the release of important financial and operational information.
  • 5The information furnished is not considered 'filed' for Section 18 purposes, but is crucial for investor understanding.
  • 6Investors should review Exhibit 99.1 for specific performance metrics and updated guidance.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce ONEOK Inc.'s financial results for the second quarter ended June 30, 2020, and to provide investors with an updated outlook for the company's performance in the full year 2020. The detailed information is provided in an attached news release.

The specific financial results for Q2 2020 and the updated 2020 outlook are detailed in the news release furnished as Exhibit 99.1 to this 8-K filing. This exhibit is incorporated by reference into the 8-K.

This particular 8-K filing (dated July 28, 2020) does not contain new financial statements itself. Instead, it references a news release (Exhibit 99.1) that announces the Q2 2020 results and the updated 2020 outlook. Specific financial statements would typically be found in a 10-Q or 10-K filing.

When information is 'furnished' under Regulation FD (like in Items 2.02 and 7.01 of this 8-K), it means the company is making the information public but it is not subject to the same legal liabilities as information that is formally 'filed' with the SEC under Section 18 of the Exchange Act. However, for investors, this information is still critical for understanding the company's performance and future prospects.