AI brief of an SEC Form 8-K · Oneok (OKE)

ONEOK 2025 Profit Up 12% to $3.39 Billion; 2026 EPS Guidance Midpoint $5.45

Positive Impact 3 of 5 earnings Written later

ONEOK reported full-year 2025 net income attributable to ONEOK of $3.39 billion, up 12%, and adjusted EBITDA of $8.02 billion, up 18%. The company also issued 2026 guidance with a diluted EPS midpoint of $5.45, compared with $5.42 for 2025, and fourth-quarter 2025 net income slipped to $978 million from $1.00 billion.

Key points

  • Full-year 2025 diluted EPS was $5.42, versus $5.17 in 2024; fourth-quarter diluted EPS was $1.55, versus $1.57 a year earlier.
  • 2026 guidance midpoints: net income $3.45 billion, diluted EPS $5.45 (range $5.04 to $5.87) and adjusted EBITDA $8.1 billion.
  • Total 2026 capital expenditures are expected to range from $2.7 billion to $3.2 billion.
  • In January 2026, ONEOK raised its quarterly dividend 4% to $1.07 per share.

The filing

CompanyOneok (OKE)
Form8-K, current report
Filed with the SECFeb 23, 2026, 4:21 PM ET
Accession number0001039684-26-000004

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing 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 February 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.