Earnings ·
ONEOK reported second-quarter 2026 net income of $967 million ($1.53 per diluted share), a 13% increase…
OKEOneok Inc
ONEOK reported second-quarter 2026 net income of $967 million ($1.53 per diluted share), a 13% increase year-over-year, driven by record NGL volumes and higher natural gas processing activity. Adjusted EBITDA rose 7% to $2.12 billion. The company increased its full-year 2026 financial guidance, raising net income expectations to a midpoint of $3.6 billion ($5.68 per share) and adjusted EBITDA to $8.35 billion. Capital expenditure guidance remained unchanged at approximately $2.7 billion to $3.2 billion. Additionally, ONEOK declared a quarterly dividend of $1.07 per share in July 2026. ONEOK is a leading midstream energy operator providing gathering, processing, transportation, and storage services for natural gas, NGLs, refined products, and crude oil.