ONEOK, Inc. (NYSE:OKE) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET

Company Participants

Andrew Ziola - Vice President of Investor Relations
Pierce Norton - President and Chief Executive Officer
Walter Hulse - Executive Vice President, Chief Financial Officer, Treasurer, Investor Relations and Corporate Development
Sheridan Swords - Executive Vice President of Commercial Liquids and Natural Gas Gathering and Processing

Conference Call Participants

Theresa Chen - Barclays
Jean Ann Salisbury - Bank of America
Michael Blum - Wells Fargo Securities
Brendan Reddy - JPMorgan
Neal Dingmann - Truist Securities, Inc.
Keith Stanley - Wolfe Research
Manav Gupta - UBS
AJ O'Donnell - Tudor Pickering Holt & Co.
Sunil Sibal - Seaport Global Securities
Craig Shere - Tuohy Brothers Investment Research, Inc.

Operator

Good day, and welcome to the ONEOK Third Quarter 2024 Earnings Conference Call and Webcast. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Andrew Ziola, Vice President of Investor Relations. Please go ahead, sir.

Andrew Ziola

Thank you, and welcome to ONEOK's third quarter 2024 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, management will be available to take your questions.

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.

Just a reminder for Q&A, we ask that you limit yourself to one question and a follow-up in order to fit in as many of you as we can.

With that, I'll turn the call over to Pierce Norton, President and Chief Executive Officer. Pierce?

Pierce Norton

Thanks, Andrew. Good morning, everyone, and thank you for joining us. On today's call is Walt Hulse, Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development; and Sheridan Swords, Executive Vice President, Commercial Liquids and Natural Gas Gathering and Processing.

Yesterday, we announced the third quarter 2024 earnings and provided new consolidated guidance that includes contributions from EnLink and the pending Medallion acquisition. We also increased our full-year 2024 financial guidance on the stand-alone basis, for the second time this year. Our higher guidance expectations highlight ONEOK's ability to continue to deliver on synergy opportunities while also maintaining a strong fee-based earnings across our systems.