Report
Stephen Simko
EUR 147.86 For Business Accounts Only

Q3 Results In Line on NGL Resilience; Well Positioned for Next Phase of NGL Growth Story in 2017

Oneok Partners reported third-quarter results in line with expectations on the strength of higher fee-based volumes in the NGL-rich STACK and SCOOP plays and higher natural gas prices across its pipeline system. The company reported adjusted EBITDA of $469 million versus consensus estimates of $471 million. Expectations for Oneok Partners have been high, given its favorable asset positioning near sources of midcontinent production. Management continues to deliver in spite of challenging NGL econ...
Underlying
Oneok Partners LP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Simko

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