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News Breaks | | | | November 27, 2012 | | 18:10 EDT |  | OKS | ONEOK Partners still sees increasing EBITDA by 17-21% annually
Despite its decision not to proceed with this project, ONEOK Partners still expects to increase its earnings before interest, taxes, depreciation and amortization (EBITDA) by an average of 17 to 21 percent annually between 2012 and 2015, compared with 2012 earnings guidance. The partnership also expects to increase its estimated average annual distributions to unitholders by 10 to 15 percent between 2012 and 2015, which includes the planned 2-cent-per-unit-per-quarter increase in unitholder distributions declared in 2013, subject to approval by the board of directors of the general partner. | |
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