Based in Tulsa, Oklahoma, ONEOK, Inc. (OKE) is an energy company specializing in the gathering, processing, transportation, and storage of natural gas and natural gas liquids. With a market cap of $55.43 billion, ONEOK provides essential midstream services to producers and consumers across North America. The company is scheduled to announce its Q3 earnings after the market closes on Tuesday, Oct. 29.
Ahead of the event, analysts expect OKE to report a profit of $1.26 per share, up 27.3% from $0.99 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in two of the previous four quarters while missing on other two occasions.
