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TULSA, Okla., Feb. 22, 2021 /PRNewswire/ ONEOK, Inc. (NYSE: OKE) today announced fourth quarter and full-year 2020 results and announced 2021 financial guidance.
Fourth Quarter 2020 Results, Compared With Fourth Quarter 2019:
11% increase in operating income to $538.7 million.
12% increase in adjusted EBITDA to $742.0 million.
24% increase in Rocky Mountain region NGL raw feed throughput volumes.
11% increase in Rocky Mountain region natural gas volumes processed.
$1.04 per MMBtu average fee rate in the natural gas gathering and processing segment.
Full-year 2020 Results, Compared With Full Year 2019:
Net income of $612.8 million, including $644.9 million of noncash impairment charges.
6% increase in adjusted EBITDA to $2,723.7 million.
18% increase in Rocky Mountain region NGL raw feed throughput volumes.