ONEOK, Inc. (OKE) FY2026 earnings

Reported results

• GAAP net income was $1.38 billion for the third quarter of 2026.
• GAAP net income attributable to ONEOK was $1.35 billion, or $2.13 per diluted common share, for the third quarter of 2026.
• Non-GAAP adjusted EBITDA was $2.24 billion ($2,238 million) for the third quarter of 2026.
• GAAP operating income was $1,568 million for the third quarter of 2026.
• GAAP total revenues were $12,455 million for the third quarter of 2026.

Guidance

• 2026 net income guidance increased to a range of $4.09 billion to $4.27 billion, with a midpoint of $4.18 billion.
• 2026 net income attributable to ONEOK guidance increased to a midpoint of $3.985 billion.
• 2026 earnings per diluted share guidance increased to a midpoint of $6.30.
• 2026 non-GAAP adjusted EBITDA guidance increased to a range of $8.5 billion to $8.6 billion, with a midpoint of $8.55 billion.
• Total 2026 capital expenditure guidance is expected to be approximately $3.5 billion.

Notes

Results for the three months ended Sept. 30, 2026, include a one-time noncash income tax benefit of $336 million, or $0.53 per diluted share, resulting from the ONEOK, Inc. reorganization related to the minority equity transaction.

Price and volatility reaction

The stock moved -1.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.8 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-27 (8-K, Item 2.02). Read the original filing on sec.gov.