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ONEOK Chalks Up Solid Growth in Natural Gas, NGL Businesses in Fourth-Quarter, Full-Year 2011


Industry Segment: Production | Word Count: 811 Words

SUGAR LAND--February 22, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--ONEOK Incorporated (NYSE:OKE) (Tulsa, Oklahoma), a leading diversified energy company, was boosted by strong earnings in its largest segment during fourth-quarter and full-year 2011, riding on increased volumes, stronger pricing, and positive results in the integrated midstream natural gas and natural gas liquids (NGL) assets. Net income was reported to be $115 million for the quarter, a 38.43% increase from fourth-quarter 2010, and $360.59 million for the year, a 7.76% increase from 2010.

Other companies featured: Constellation Energy Group Incorporated (NYSE:CEG)

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