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

ONEOK Raises 2026 Guidance After 12% Q1 Net Income Increase

Positive Impact 4 of 5 guidance Written later

ONEOK reported first-quarter 2026 net income of $776 million, up 12% from a year earlier, and diluted earnings of $1.23 per share. The company also raised its 2026 guidance, with adjusted EBITDA now expected between $8.0 billion and $8.5 billion, which matters to shareholders because it signals higher expected earnings for the year.

Key points

  • Q1 2026 net income rose 12% to $776 million; diluted EPS was $1.23, versus $1.04 a year earlier
  • Q1 2026 adjusted EBITDA rose 13% to $2.0 billion
  • 2026 net income guidance raised to a range of $3.21 billion to $3.79 billion; adjusted EBITDA guidance raised to $8.0 billion to $8.5 billion
  • Q1 2026 results include a $60 million noncash impairment of a joint-venture investment, or 7 cents per diluted share

The filing

CompanyOneok (OKE)
Form8-K, current report
Filed with the SECApr 28, 2026, 4:22 PM ET
Accession number0001039684-26-000015

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 April 28, 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.