ONEOK Announces Higher Second-Quarter 2026 Earnings: Net Income up 13%, Adjusted EBITDA up 7%
Article excerpt
Record NGL Raw Feed Throughput Volumes ONEOK Increases 2026 Financial Guidance TULSA, Okla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) today announced higher second-quarter 2026 results and increased 2026 financial guidance. Unless otherwise noted, all results are compared with the same period in 2025. Highlights: 2026 Guidance Increase: The increase in financial guidance reflects continued strong business segment performance and strategic opportunities across ONEOK’s system supported by a constructive market environment. ONEOK increased 2026 net income guidance to a range of $3.41 billion to $3.79 billion. Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) guidance increased to a range of $8.2 billion to $8.5 billion. Total 2026 capital expenditure guidance remains unchanged at approximately $2.7 billion to $3.2 billion. "Higher volumes across ONEOK's businesses, including record NGL volumes, drove another consecutive quarter of earnings growth,” said Pierce H. Norton II, ONEOK president and CEO. “These results reflect the strength of our integrated system, the dedication of our employees and our ability to optimize our network and capture opportunities across the value chain.” "Several strategic growth projects across our footprint are nearing completion, expanding connectivity across key markets and strengthening our...
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ONEOK reported second-quarter 2026 net income and adjusted EBITDA of $967 million and $2.12 billion, respectively.