OKE · 10-Q · 2026Q2 · Full report

Middle East Conflict Impact

ONEOK INC /NEW/ · 2026-08-04 · Importance 25 · Surprise 42

Geopolitical conditions in the Middle East contributed to a volatile commodity price environment during the six months ended June 30, 2026. ONEOK stated that the conditions reinforced the importance of reliable energy supply and infrastructure for the U.S. economy and national security. Its regionally diversified network connects the Rocky Mountain, Mid-Continent, Permian and Gulf Coast regions with domestic and international markets, while approximately 90% of expected 2026 consolidated earnings are fee-based and supported primarily by long-term contracts.

Key facts