ONEOK, Inc. (OKE) CEO Terry Spencer on Q3 2020 Results - Earnings Call Transcript

Oct. 28, 2020 7:12 PM ETONEOK, Inc. (OKE) StockOKE3 Comments
SA Transcripts
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Q3: 2020-10-27 Earnings Summary

EPS of $0.70 beats by $0.10
 | Revenue of $2.17B (-3.93% Y/Y) misses by $343.24M

ONEOK, Inc. (NYSE:OKE) Q3 2020 Earnings Conference Call October 28, 2020 11:00 AM ET

Company Participants

Andrew Ziola - VP, IR & Corporate Affairs
Terry Spencer - President & CEO
Walt Hulse - CFO & EVP Strategic Planning
Kevin Burdick - EVP & COO
Chuck Kelley - SVP Natural Gas
Sheridan Swords - SVP Natural Gas Liquids

Conference Call Participants

Shneur Gershuni - UBS
Christine Cho - Barclay
Tristan Richardson - Truist Securities
Michael Blum - Wells Fargo
Spiro Dounis - Credit Suisse
Jean Ann Salisbury - Bernstein
Gabe Moreen - Mizuho
Elvira Scotto - RBC Capital Markets
Sunil Sibal - Seaport Global Securities
Michael Lapides - Goldman Sachs
Craig Shere - Tuohy Brothers
Derek Walker - Bank of America

Operator

Good day and welcome to the Third Quarter 2020 ONEOK Earnings Call. Today's conference is being recorded. At this time I'm about to turn the conference over to Mr. Andrew Ziola. Please go ahead, sir.

Andrew Ziola

Thank you, Sarah, and good morning and welcome to ONEOK’s third quarter 2020 earnings call. We issued our earnings release and presentation after the markets closed yesterday and those materials are on our website. After our prepared remarks, we'll be available to take your questions.

A reminder that statements made during this call that might include ONEOK's expectations or predictions should be considered forward-looking statements and are covered by the Safe Harbor provision of the Securities Acts of 1933 and 1934. Actual results could differ materially from those projected in forward-looking statements. For a discussion of factors that could cause actual results to differ, please refer to our SEC filings.

Our first speaker is Terry Spencer, President and Chief Executive Officer. Terry?

Terry Spencer

Thank you, Andrew. Good morning and thank you all for joining us today. As always, we appreciate your continued trust and investment

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