ONEOK Q3 net income rises to $940 million; 2025 guidance affirmed
ONEOK reported third quarter 2025 net income of $940 million, or $1.49 per diluted share, up from $693 million, or $1.18 per share, a year earlier. Adjusted EBITDA rose to $2.12 billion from $1.545 billion, driven mainly by the EnLink and Medallion acquisitions and higher volumes. The company affirmed its full-year 2025 net income and adjusted EBITDA guidance ranges.
Key points
- Q3 2025 net income of $940 million ($1.49 per diluted share) versus $693 million ($1.18) in Q3 2024
- Q3 2025 adjusted EBITDA of $2.12 billion, including $7 million of transaction costs, versus $1.545 billion a year earlier
- Full-year 2025 net income and adjusted EBITDA guidance ranges affirmed, not changed
- Quarterly dividend of $1.03 per share declared in October 2025; $1.2 billion of cash and cash equivalents at Sept. 30, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.