ONEOK (NYSE:OKE) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.83 on revenue of $2.14B. Analysts polled by forecast EPS of $0.8 on revenue of $2.9B. That compared to EPS of $0.81 on revenue of $2.78B in the same period a year earlier. The company had reported EPS of $0.77 on revenue of $2.66B in the previous quarter.
ONEOK follows other major Energy sector earnings this month
On Tuesday, BP ADR reported first quarter EPS of $0.24 on revenue of $59.54B, compared to forecasts of EPS of $0.24 on revenue of $48.03B.
ENI ADR earnings missed analysts' expectations on Friday, with first quarter EPS of $0.04 on revenue of $15.04B. analysts expected EPS of $0.17 on revenue of $14.45B
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