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ONEOK Announces 11% Year-Over-Year Increase in Fourth Quarter 2020 Operating Income


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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. ....

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Noble Midstream Partners Reports Fourth-Quarter and Full-Year 2020 Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
Noble Midstream Partners Reports Fourth-Quarter and Full-Year 2020 Results
February 12, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 12, 2021
Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today reported fourth-quarter and full-year 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, LLC (“Black Diamond Gathering”). References to Equity Method Investments pertain to Noble Midstream’s equity interests in joint ventures that are not wholly-owned by the Partnership.
Certain results are shown as “attributable to the Partnership,” which exclude the noncontrolling interests in Black Diamond Gathering retained by Greenfield Midstream. Noble Midstream believes the results “attributable to the Partnership” provide the be ....

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