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Oneok: 4Q Earnings Snapshot

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TULSA, Okla. (AP) _ Oneok Inc. (OKE) on Monday reported fourth-quarter profit of $308 million.

On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of 69 cents.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The natural gas company posted revenue of $2.57 billion in the period.

For the year, the company reported profit of $612.8 million, or $1.42 per share. Revenue was reported as $8.54 billion.

Oneok expects full-year earnings to be $2.74 per share.

Oneok shares have increased 20% since the beginning of the year, while the Standard & Poor's 500 index has risen 3%. In the final minutes of trading on Monday, shares hit $46.10, a decrease of 41% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OKE at https://www.zacks.com/ap/OKE