ONEOK Inc (OKE) stock

OKENYSENatural Gas Transmisison & DistributionFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 14/302% below fair value

$97.07+1.25 (+1.30%)

Close on Oct 30, 2026Market cap $61.19BP/E 16.7Yield 4.24%

Earnings

Oneok's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Feb 22, 2027

Q4 FY2026 · estimated, after the close

Revenue, Q3 FY2026

$12.46B

+44.3% on a year earlier

EPS, Q3 FY2026

$2.13

$1.49 a year earlier

Latest guidance

Lowered

Oct 27, 2026 · 5 items

Quarterly results

Revenue and earnings per share from each of Oneok's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Source
Q4 FY2026ended Dec 31, 2026	Feb 22, 2027Expected	–	–	–	–
Q3 FY2026ended Sep 30, 2026	Oct 27, 2026after the close	$12.46B	+44.3%	$2.13	Release
Q2 FY2026ended Jun 30, 2026	Oct 27, 2026after the close	$12.46B	+57.9%	$2.13	Release
Q1 FY2026ended Mar 31, 2026	Apr 28, 2026after the close	$9.62B	+19.6%	$1.23	Release
Q4 FY2025ended Dec 31, 2025	Feb 23, 2026after the close	$9.07B	+29.5%	$1.55	Release
Q3 FY2025ended Sep 30, 2025	Oct 28, 2025after the close	$8.63B	+71.9%	$1.49	Release
Q2 FY2025ended Jun 30, 2025	Aug 4, 2025after the close	$7.89B	+61.2%	$1.34	Release
Q1 FY2025ended Mar 31, 2025	Apr 29, 2025after the close	$8.04B	+68.2%	$1.04	Release
Q4 FY2024ended Dec 31, 2024	Feb 24, 2025after the close	$7.00B	+33.7%	$1.57	Release
Q3 FY2024ended Sep 30, 2024	Oct 29, 2024after the close	$5.02B	+19.9%	$1.18	Release
Q2 FY2024ended Jun 30, 2024	Aug 5, 2024after the close	$4.89B	+31.1%	$1.33	Release
Q1 FY2024ended Mar 31, 2024	Apr 30, 2024after the close	$4.78B	+5.8%	$1.09	Release
Q4 FY2023ended Dec 31, 2023	Feb 26, 2024after the close	$5.24B	+4.0%	$1.18	Release
Q3 FY2023ended Sep 30, 2023	Oct 31, 2023after the close	$4.19B	-29.2%	$0.99	Release
Q2 FY2023ended Jun 30, 2023	Aug 7, 2023after the close	$3.73B	-37.8%	$1.04	Release
Q1 FY2023ended Mar 31, 2023	May 2, 2023after the close	$4.52B	-17.0%	$2.34	Release
Q4 FY2022ended Dec 31, 2022	Feb 27, 2023after the close	$5.03B	-7.2%	$1.08	Release
Q3 FY2022ended Sep 30, 2022	Nov 1, 2022after the close	$5.91B	+30.4%	$0.96	Release
Q2 FY2022ended Jun 30, 2022	Aug 8, 2022after the close	$6.00B	–	$0.92	Release
Q1 FY2022ended Mar 31, 2022	May 3, 2022after the close	$5.44B	–	$0.87	Release
Q4 FY2021ended Dec 31, 2021	Feb 28, 2022after the close	$5.42B	–	$0.85	Release
Q3 FY2021ended Sep 30, 2021	Nov 2, 2021after the close	$4.54B	–	$0.88	Release
Q2 FY2021ended Jun 30, 2021	Aug 3, 2021after the close	–	–	–	Filing
Q1 FY2021ended Mar 31, 2021	Apr 27, 2021after the close	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Feb 22, 2021after the close	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Oct 27, 2020after the close	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Oneok's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
adjusted EBITDAnon-GAAP	FY2026	$8.00B – $8.50B	$2.78B – $2.92B	Raised	Apr 28, 2026
Adjusted EBITDAnon-GAAP	FY2026	$8.50B – $8.60B	–	New	Oct 27, 2026
Diluted earnings per common shareGAAP	FY2026	$5.04 – $5.87	–	New	Feb 23, 2026
Earnings per diluted shareGAAP	FY2026	$6.30	–	New	Oct 27, 2026
capital expenditure	FY2026	$3.50B	–	New	Oct 27, 2026
capital expenditure	FY2026	$2.70B – $3.20B	$2.11B – $2.65B	Reaffirmed	Apr 28, 2026
Crude oil volumes shipped	FY2026	1650 – 1950	–	Raised	Feb 23, 2026
Natural gas liquids raw feed throughput	FY2026	1450 – 1550	–	New	Feb 23, 2026
Natural gas processed	FY2026	5410 – 6170	–	Raised	Feb 23, 2026
net incomeGAAP	FY2026	$4.09B – $4.27B	–	New	Oct 27, 2026
net incomeGAAP	FY2026	$3.21B – $3.79B	$3.19B – $3.71B	Raised	Apr 28, 2026
Net income attributable to ONEOKGAAP	FY2026	$3.99B	–	Lowered	Oct 27, 2026
Refined products volumes shipped	FY2026	1525 – 1625	–	Raised	Feb 23, 2026

Guidance history

Every forecast Oneok put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Oct 27, 2026	capital expenditure	FY2026	$3.50B	New
Oct 27, 2026	Adjusted EBITDA	FY2026	$8.50B – $8.60B	New
Oct 27, 2026	Earnings per diluted share	FY2026	$6.30	New
Oct 27, 2026	Net income attributable to ONEOK	FY2026	$3.99B	Lowered
Oct 27, 2026	net income	FY2026	$4.09B – $4.27B	New
Apr 28, 2026	capital expenditure	FY2026	$2.70B – $3.20B	Reaffirmed
Apr 28, 2026	adjusted EBITDA	FY2026	$8.00B – $8.50B	Raised
Apr 28, 2026	net income	FY2026	$3.21B – $3.79B	Raised
Feb 23, 2026	Growth capital expenditures	FY2026	$2.11B – $2.65B	New
Feb 23, 2026	Maintenance capital expenditures	FY2026	$550.00M – $600.00M	Lowered
Feb 23, 2026	Total 2026 capital expenditures	FY2026	$2.70B – $3.20B	Raised
Feb 23, 2026	Natural Gas Liquids Segment adjusted EBITDA	FY2026	$2.78B – $2.92B	Lowered
Feb 23, 2026	Adjusted EBITDA	FY2026	$7.90B – $8.30B	New
Feb 23, 2026	Refined Products and Crude Segment adjusted EBITDA	FY2026	$2.18B – $2.28B	Lowered
Feb 23, 2026	Natural Gas Gathering and Processing Segment adjusted EBITDA	FY2026	$2.11B – $2.22B	Lowered
Feb 23, 2026	Natural Gas Pipelines Segment adjusted EBITDA	FY2026	$825.00M – $865.00M	Lowered
Feb 23, 2026	Other Segment adjusted EBITDA	FY2026	$20.00M – $30.00M	Lowered
Feb 23, 2026	Diluted earnings per common share	FY2026	$5.04 – $5.87	New
Feb 23, 2026	Natural gas liquids raw feed throughput	FY2026	1450 – 1550	New
Feb 23, 2026	Refined products volumes shipped	FY2026	1525 – 1625	Raised
Feb 23, 2026	Crude oil volumes shipped	FY2026	1650 – 1950	Raised
Feb 23, 2026	Natural gas processed	FY2026	5410 – 6170	Raised
Feb 23, 2026	Net income	FY2026	$3.19B – $3.71B	New
Oct 29, 2024	stand-alone capital expenditure	FY2024	$1.75B – $1.95B	Reaffirmed
Oct 29, 2024	adjusted EBITDA (consolidated)	FY2024	$6.53B – $6.73B	Raised
Oct 29, 2024	Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) (stand-alone)	FY2024	$6.20B – $6.35B	Lowered
Oct 29, 2024	Net income (consolidated)	FY2024	$2.90B – $3.10B	Raised
Oct 29, 2024	net income (stand-alone)	FY2024	$2.87B – $3.02B	Lowered
Apr 30, 2024	capital expenditure	FY2024	$1.75B – $1.95B	Reaffirmed
Apr 30, 2024	Adjusted EBITDA	FY2024	$6.03B – $6.33B	Raised
Apr 30, 2024	Earnings per diluted share	FY2024	$4.92	Narrowed
Apr 30, 2024	net income	FY2024	$2.73B – $3.03B	Raised
Feb 26, 2024	Total capital expenditures	FY2024	$1.75B – $1.95B	New
Feb 26, 2024	Adjusted EBITDA	FY2024	$5.90B – $6.30B	New
Feb 26, 2024	Diluted earnings per common share	FY2024	$4.45 – $5.14	New
Feb 26, 2024	Net income	FY2024	$2.61B – $3.01B	New
Oct 31, 2023	capital expenditure	FY2023	$1.48B – $1.68B	Reaffirmed
Oct 31, 2023	Adjusted EBITDA	FY2023	$5.05B – $5.15B	Raised
Oct 31, 2023	Diluted earnings per common share	FY2023	$5.36	Lowered
Oct 31, 2023	Net income	FY2023	$2.55B – $2.65B	Raised
Aug 7, 2023	total capital expenditures	FY2023	$1.58B	Raised
Aug 7, 2023	Adjusted EBITDA	FY2023	$4.58B – $4.78B	Raised
Aug 7, 2023	Earnings per diluted share	FY2023	$5.54	Narrowed
Aug 7, 2023	net income	FY2023	$2.39B – $2.59B	Raised
Feb 27, 2023	total capital expenditures	FY2023	$1.27B – $1.48B	New
Feb 27, 2023	Adjusted EBITDA	FY2023	$4.43B – $4.73B	New
Feb 27, 2023	Diluted earnings per common share	FY2023	$5.03 – $5.69	New
Feb 27, 2023	Net income	FY2023	$2.26B – $2.56B	New
Nov 1, 2022	total capital expenditures	FY2022	$1.20B	Raised
Nov 1, 2022	adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA)	FY2023	+10%	New
Nov 1, 2022	net income	FY2023	+10%	New
Feb 28, 2022	Growth capital expenditures	FY2022	$685.00M – $815.00M	New
Feb 28, 2022	Maintenance capital expenditures	FY2022	$215.00M – $235.00M	Lowered
Feb 28, 2022	Adjusted EBITDA	FY2022	$3.47B – $3.77B	New
Feb 28, 2022	Natural Gas Liquids	FY2022	$2.11B – $2.30B	Lowered
Feb 28, 2022	Natural Gas Gathering and Processing	FY2022	$960.00M – $1.04B	Lowered
Feb 28, 2022	Natural Gas Pipelines	FY2022	$400.00M – $430.00M	Lowered
Feb 28, 2022	Diluted earnings per common share	FY2022	$3.45 – $4.07	New
Feb 28, 2022	Mid-Continent region well connections	FY2022	30 – 50	Lowered
Feb 28, 2022	Natural Gas Liquids Raw Feed Throughput (MBbl/d)	FY2022	1230 – 1350	New
Feb 28, 2022	Natural Gas Gathered (MMcf/d)	FY2022	2090 – 2370	Raised
Feb 28, 2022	Natural Gas Processed (MMcf/d)	FY2022	1980 – 2240	Lowered
Feb 28, 2022	Average fee rate	FY2022	1 – 1.05	Lowered
Feb 28, 2022	Net income	FY2022	$1.55B – $1.83B	New
Feb 28, 2022	Rocky Mountain region well connections	FY2022	375 – 425	New
Nov 2, 2021	Adjusted EBITDA	FY2021	$3.33B – $3.43B	New
Nov 2, 2021	earnings per diluted share	FY2021	$3.33	New
Nov 2, 2021	net income	FY2021	$1.43B – $1.55B	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.