Quarterly ResultAug 3, 2026, 04:18 PM
ONEOK Q2 Net Income $967M, Raises 2026 Guidance to $8.35B Adj. EBITDA
AI Summary
ONEOK, Inc. announced higher second-quarter 2026 results, with net income rising 13% to $967 million and adjusted EBITDA increasing 7% to $2.12 billion. The company also raised its 2026 financial guidance, with the adjusted EBITDA midpoint now at $8.35 billion and net income midpoint at $3.6 billion. This performance was driven by strong business segment results, including record NGL volumes and increased refined products and natural gas volumes, supported by strategic opportunities and a constructive market environment.
Key Highlights
- Second-quarter 2026 net income increased 13% to $967 million.
- Second-quarter 2026 adjusted EBITDA increased 7% to $2.12 billion.
- Increased 2026 adjusted EBITDA guidance midpoint to $8.35 billion.
- Increased 2026 net income guidance midpoint to $3.6 billion.
- Increased 2026 diluted EPS guidance midpoint to $5.68.
- NGL raw feed throughput volumes increased 7%, including 15% in Gulf Coast/Permian.
- Declared a quarterly dividend of $1.07 per share, or $4.28 annualized.
Price Impact
More from OKE