Investing.com - ONEOK (NYSE:OKE) reported fourth quarter earnings that missed analysts' expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.7 on revenue of $3.14B. Analysts polled by Investing.com expected EPS of $0.75 on revenue of $3.28B. That compared to EPS of $0.16 on revenue of $3.79B in the same period a year earlier. The company had reported EPS of $0.75 on revenue of $3.39B in the previous quarter.
ONEOK follows other major Energy sector earnings this month
On February 1, Exxon Mobil reported fourth quarter EPS of $1.29 on revenue of $71.9B, compared to forecasts of EPS of $1.08 on revenue of $72.53B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on January 31, with fourth quarter EPS of $1.38 on revenue of $102.23B. Investing.com analysts expected EPS of $1.27 on revenue of $92.55B
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