OKE · News · 20260805N
Guidance and Outlook
ONEOK INC /NEW/ · 2026-08-05 · Importance 68 · Surprise 68 · Contradicted
ONEOK raised its 2026 net income guidance to a range of $3.41 billion to $3.79 billion after second-quarter results. The company increased its adjusted EBITDA guidance to $8.2 billion to $8.5 billion, with the midpoint raised by $250 million to $8.35 billion. Management cited higher volumes, new project completions, system optimization, and improved tax benefits as the principal drivers of the higher outlook.
Key facts
- Analysts' consensus 2026 revenue estimate rose 12% to US$22 billion source
- Adjusted EBITDA midpoint was increased by $250 million (management disclosure) source
- Some analysts increased price target to $105 and upgraded rating from Hold to Buy/Strong-Buy after Q2 results source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | probable | — | Adjusted EBITDA midpoint was increased by $250 million (management disclosure) |