8-KEarnings & ResultsRegulation FDExhibits & Filings

ONEOK INC /NEW/ 8-K Report, Financial Results (Aug 3, 2021)

Filed August 3, 2021For Securities:OKE

Summary

ONEOK Inc. (OKE) filed an 8-K on August 3, 2021, to report its financial results for the quarter ended June 30, 2021. The company announced that its second quarter 2021 financial results exceeded expectations, and it now anticipates that its full-year 2021 financial performance will be above the previously issued guidance midpoints. This upward revision in guidance suggests strong operational execution and favorable market conditions during the second quarter. Investors should note that the detailed financial results and the updated 2021 outlook are provided in the news release furnished as Exhibit 99.1 to this filing. The information in this 8-K, particularly Items 2.02 and 7.01, is being furnished and not deemed "filed" under Section 18 of the Exchange Act, meaning it does not carry the same legal liabilities as formally filed documents. However, it provides crucial forward-looking information for investment analysis.

Key Highlights

  • 1Announced strong second quarter 2021 financial results.
  • 2Raised full-year 2021 financial guidance, expecting results above midpoints.
  • 3Results were higher than anticipated for the second quarter.
  • 4Detailed financial information and updated guidance are available in the furnished news release (Exhibit 99.1).
  • 5Information furnished under Items 2.02 and 7.01 is not deemed 'filed' for Section 18 purposes.
  • 6The filing date and event date are both August 2, 2021, with the announcement made on August 3, 2021.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce ONEOK Inc.'s financial results for the second quarter ended June 30, 2021, and to update its full-year 2021 financial outlook.

Yes, the company has indicated that its 2021 financial results are now expected to be above the midpoints of their previously issued guidance, driven by strong second quarter performance.

The detailed financial results and the updated 2021 outlook are provided in the news release furnished as Exhibit 99.1 to this 8-K filing.

Information that is 'furnished' (as opposed to 'filed') under certain items of an 8-K, like Items 2.02 and 7.01 in this case, is not subject to the same liabilities under Section 18 of the Exchange Act. While still important for investors, it does not carry the same legal implications as formally 'filed' information.