ONEOK earnings up next: Can Permian offset Bakken worries? By Investing.com
ONEOK Inc. is set to report its second-quarter earnings, with analysts expecting $1.49 per share on $8.96 billion in revenue. Investors are focused on whether strong Permian Basin volumes can counteract concerns about the company's Bakken operations and its long-term growth prospects. Recent analyst commentary, including a downgrade from Morgan Stanley, indicates a cautious outlook on ONEOK's ability to achieve sustained EBITDA growth.
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