A.J. O'Donnell's questions to ONEOK Inc (OKE) leadership • Q3 2024
Question
A.J. O'Donnell of TPH asked for a breakdown of the contributions to the consolidated guidance and whether ONEOK plans to continue with EnLink's growth capital projects, particularly in Louisiana.
Answer
CFO Walter Hulse explained the guidance increase is additive from the acquired businesses, with synergies expected in 2025. He and CEO Pierce Norton confirmed they will review all EnLink projects and have taken none off the table, highlighting that growth in Louisiana will likely be focused on the natural gas business to serve industrial and potential AI-related demand.