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Oneok Raises 2026 Net Income View to $4.09B–$4.27B

Oneok raised its 2026 net income outlook to $4.09 billion–$4.27 billion.

OKE

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08:25:23 PM UTC
SquawkNews
ONEOK Q3 results beat estimates on higher product volumes; raises 2026 outlook
08:29:28 PM UTC
SquawkNews
ONEOK Q3 results beat estimates on higher product volumes; raises 2026 outlook Overview U.S. midstre
08:32:08 PM UTC
SquawkNews
ONEOK, Inc. reported higher third-quarter 2026 results compared to the same period in 2025, achieving net income of $1.38 billion and adjusted EBITDA of $2.24 billion, a 6% increase. Following these results, the company increased its financial guidance for 2026. The company utilizes adjusted EBITDA as a non-GAAP metric to evaluate its financial performance, accounting for interest, taxes, depreciation, and other noncash items.