$OKE

Wall Street's Insights Into Key Metrics Ahead of Oneok (OKE) Q2 Earnings

The upcoming report from Oneok Inc. (OKE) is expected to reveal quarterly earnings of $1.39 per share, indicating an increase of 3.7% compared to the year-ago period. Analysts forecast revenues of $10.8 billion, representing an increase of 37% year over year. The consensus EPS estimate for the quarter has undergone an upward revision of 1.5% in the past 30 days, bringing it to its present level.

Original reporting
Published Jul 30, 2026, 1:15 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 30, 2026, 8:33 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Wall Street's Insights Into Key Metrics Ahead of Oneok (OKE) Q2 Earnings — source image
Decision brief

The 30-second read

$OKENeutralLow
01

Why it matters

Traders can use the provided consensus and the direction of EPS estimate revisions to frame expectations and scenario-plan for the earnings release, but there is no new company disclosure in the text.

02

Market read

Consensus numbers and upward EPS estimate revisions can affect positioning into the earnings date, but the article does not provide a fresh catalyst beyond expectations.

03

What to watch

The article highlights segment EBITDA and throughput targets, but does not discuss guidance, capex, hedging, or commodity price assumptions that often drive the earnings surprise.

Relevance 4/10Novelty 3/10Timing: ahead of Oneok’s upcoming Q2 earnings report

Background

The piece summarizes Wall Street consensus and estimate revisions for Oneok’s upcoming Q2 earnings, including segment-level throughput and adjusted EBITDA components.

Company-level read

Ticker impact

$OKENeutralMedium confidence
Context

The article previews Oneok’s Q2 with consensus EPS of $1.39 and revenue of $10.8B, plus modeled segment metrics and EBITDA expectations.

Expected impact

Near-term volatility risk around the earnings release, with upside/downside dependent on whether segment EBITDA and throughput land above the revised consensus.

Evidence & confidence

The text provides forecast levels and notes a 1.5% EPS estimate upward revision over 30 days, which can influence expectations, but it does not disclose any new company action or results.

Market effects

Read-through for natural gas liquids and midstream segment profitability expectations, but no new sector policy or data is introduced.

No specific regional demand or regulatory developments are cited.

No direct global macro or commodity shock is described beyond general earnings modeling.

Counterpoint

If the market has already priced the upward EPS revision, the stock could react negatively to any miss even if results are close to consensus.

Key entities

  • Oneok Inc.

    Subject of the earnings preview with consensus EPS, revenue, and segment metric forecasts.

Related articles

$OKEMedAI 8/10

ONEOK, Inc. Q2 2026 Earnings Call Summary

ONEOK reported a Q2 2026 earnings call in which management raised 2026 guidance for a second time, citing record NGL throughput and strong refined products demand. Net income guidance was increased to a $3.6 billion midpoint and adjusted EBITDA to $8.35 billion. Cash tax benefits were raised to $2.6 billion, and capex guidance was reiterated at $2.7 billion to $3.2 billion.

$OKEHighAI 9/10

[OKE Q2 2026 Earnings Call] ONEOK Lifts 2026 Guidance by $250M to $8.35B EBITDA After Record NGL Throughput, Permian Volumes Surge 15% — BigGo Finance

ONEOK Inc. (OKE) reported Q2 2026 net income of $965M (+13% YoY) and adjusted EBITDA of $2.12B (+7%). On its earnings call, the company raised 2026 guidance for the second time, lifting adjusted EBITDA by $250M to $8.35B and net income to $3.6B. Drivers cited included record NGL throughput, Permian volumes up 15%, and higher refined products and LPG export contracting.

$OKEMedAI 8/10

ONEOK INC /NEW/ (OKE): Completion of Acquisition or Disposition of Assets

ONEOK INC /NEW/ (OKE) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. EX-99.1 2 okeq22026earningsrelease.htm EX-99.1 okeq22026earningsrelease -more- Aug. 3, 2026 ONEOK Announces Higher Second-Quarter 2026 Earnings: Net Income up 13%, Adjusted EBITDA up 7% Record NGL Raw Feed Throughput Volumes ONEOK Increases 2026 Financial Guidance TULSA, Okla. -

$ADBEMed

Stocks making the biggest moves midday: SpaceX, EchoStar, Adobe, Seagate Technology, Charles Schwab & more

Midday movers included SpaceX, which debuted on Nasdaq at $150 per share, about 20% above the $135 IPO price; shares were also up after initial interest suggested a $175 open. Space stocks fell (Rocket Lab -10%, AST SpaceMobile -14%, Redwire -11%). Nasdaq said it will add five firms to the Nasdaq 100 effective June 22; CoreWeave rose 9%, Astera Labs nearly 4%. Chip stocks rose (SMH +2%, Seagate and Western Digital ~+6%). Charles Schwab gained over 3% on record May core net new assets of $49.9B (

$EQTMed

Why Natural Gas Stocks Still Yield More Than Most Dividend ETFs

The article says most broad dividend ETFs yield low-single digits versus the 10-year Treasury at 4.57%. It ranks five natural gas equities with higher yields: EQT 1.1%, Williams (WMB) 2.7%, Kinder Morgan (KMI) 3.5%, ONEOK (OKE) 4.6%, and Energy Transfer (ET) 6.7%. It notes ET’s higher yield comes with MLP risks and a Q4 earnings miss.