Investing.com - ONEOK (NYSE:OKE) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.77 on revenue of $3.09B. Analysts polled by Investing.com expected EPS of $0.7391 on revenue of $3.01B. .
For the year, ONEOK shares are up 30%, outperforming the S&P 500 which is up 17.76% year to date.
ONEOK follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported second quarter EPS of $1.1 on revenue of $67.74B, compared to forecasts of EPS of $1.01 on revenue of $64.64B.
Chevron earnings beat analyst's expectations on Friday, with second quarter EPS of $1.71 on revenue of $37.6B. Investing.com analysts expected EPS of $1.59 on revenue of $36.33B
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