ONEOK IncOKE
▲ PositiveCapitalrelevance
Beat Q2 estimates and raised 2026 guidance.
Impact on stocks 2
Energy
ONEOK Inc
Enterprise Products Partners LPEPD
Mentioned
ONEOK Beats Q2 Estimates on Record NGL Volumes, Raises 2026 Guidance
Earnings
ONEOK Inc. reported second-quarter 2026 operating earnings per share of $1.53, beating the Zacks Consensus Estimate of $1.39 by 10.07%, and up 14.2% year over year. Operating revenues totaled $12.05 billion, surpassing the consensus of $10.66 billion and rising 52.8% from the prior-year quarter. The results were driven by record natural gas liquids raw feed throughput, higher natural gas processing and refined products volumes, and increased optimization and marketing activity. Adjusted EBITDA rose 7.1% to $2.12 billion, while operating income increased 11.3% to $1.59 billion. The company raised its 2026 net income guidance to $3.41-$3.79 billion, with earnings per share of $5.38-$5.99, and adjusted EBITDA projected at $8.20-$8.50 billion. Shares have gained 9.2% since the earnings report, outperforming the S&P 500.
ONEOK IncBeat Q2 estimates and raised 2026 guidance.
Enterprise Products Partners LP