ONEOK Announces Higher Third-Quarter 2026 Earnings and Increases 2026 Financial Guidance
ONEOK reported Q3 2026 net income attributable of $1.35 billion and adjusted EBITDA of $2.24 billion, up 6% YoY, with diluted EPS of $2.13 versus $1.49 a year ago. The company raised 2026 guidance to a net income midpoint of $4.18 billion and adjusted EBITDA midpoint of $8.55 billion, incorporating roughly $75 million from the newly completed Brazos Permian Midland acquisition. Balance-sheet actions were notable: ONEOK extinguished nearly $5.5 billion of debt, closed a $9 billion minority equity investment, and earned BBB+ upgrades from S&P and Fitch.
Key figures
- Eps
- 2.13
- Revenue
- 0
- Guidance
- 2026 net income raised to $4.09B-$4.27B (midpoint $4.18B); adjusted EBITDA raised to $8.5B-$8.6B (midpoint $8.55B); EPS midpoint $6.30; capex ~$3.5B
- Credit rating
- BBB+
- Net income q3
- 1384000000
- Debt extinguished
- 5500000000
- Adjusted ebitda q3
- 2238000000
- Adjusted ebitda yoy
- 6%
- Dividend annualized
- 4.28
- One time tax benefit
- 336000000
- Brazos ebitda contribution
- 75000000
- Minority equity investment
- 9000000000
- Net income attributable q3
- 1350000000
- Dividend per share quarterly
- 1.07
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