ONEOK, Inc. (OKE) is a midstream energy company headquartered in Tulsa, Oklahoma. The company operates in gathering, processing, fractionation, transportation, storage and marine exports of natural gas, natural gas liquids (NGLs), refined products and crude oil. ONEOK’s market cap stands at around $42.9 billion. The midstream giant is set to release its third-quarter results after the market closes on Tuesday, Oct. 28.
Ahead of the event, analysts expect ONEOK to report an EPS of $1.48, marking a 25.4% increase from $1.18 reported in the year-ago quarter. The company has missed Street’s bottom-line estimates twice over the past four quarters, but has surpassed or met the projections on two other occasions.
