ONEOK Inc. reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $1.57, surpassing analysts' expectations of $1.51. The company achieved an adjusted EBITDA of $2.17 billion, exceeding the forecast of $1.99 billion. Operating income for the quarter was reported at $1.57 billion, while net income reached $1 billion, with capital expenditures totaling $562 million. In related news, Diamondback Energy Inc. announced its fourth-quarter 2024 results, reporting a net income of $1.1 billion, or $3.67 per diluted share. The adjusted net income was also $1.1 billion, translating to an adjusted EPS of $3.64, which beat the expected figure of $3.37. Diamondback's revenue for the quarter was $3.71 billion, significantly higher than the anticipated $3.46 billion. The company also raised its annual base dividend by 11% to $4 per share and repurchased 2.33 million shares for $402 million.