ONEOK INC /NEW/ (OKE) AI Stock Summary
Profitable growth stock trading near highs
Updated
Snapshot
ONEOK is a profitable energy infrastructure company. Revenue surged 55% to $33.6B in FY 2025, driven by acquisitions. The business generated $3.4B in net income and $2.45B in free cash flow. The balance sheet carries $32.8B in debt against a small cash cushion of $78M, a typical profile for capital-intensive pipeline businesses that rely on steady operational cash flow. The stock is currently NEAR the 52-week HIGH.
What's Happening Right Now
- Wed 15th Jul '26 · Dividend: The board declared a quarterly dividend of $1.07 per share, maintaining the annualized payout at $4.28.
- Thu 9th Jul '26 · Earnings Date: ONEOK scheduled its second-quarter 2026 earnings release for after the market closes on August 3, 2026.
- Tue 28th Apr '26 · Earnings Beat: ONEOK reported strong first-quarter 2026 results with net income rising 12% and adjusted EBITDA increasing 13%, prompting the company to raise its full-year financial guidance.
Bottom Line
ONEOK is a rapidly growing midstream operator that has expanded by buying competitors, leading to a 55% jump in revenue and a higher share count. It pays a substantial dividend and produces strong cash flow, but the leverage is high. With the stock trading NEAR its 52-week HIGH, the market appears to have already priced in much of the recent success.