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ONEOK raises Q1 2026 net income by 12% and boosts full-year financial guidance.

Company Fundamentals
28 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

ONEOK reported a 12% increase in net income to $776 million and a 13% rise in adjusted EBITDA to $2.0 billion for Q1 2026, driven by higher volumes in natural gas liquids, refined products, and natural gas processing. The company also raised its 2026 financial guidance, expecting net income between $3.21 billion and $3.79 billion and adjusted EBITDA between $8.0 billion and $8.5 billion, reflecting strong segment performance and a favorable market environment. Key operational highlights include the relocation of a processing plant to the Permian Basin and increased volumes across multiple regions. ONEOK declared a quarterly dividend of $1.07 per share and secured a $1.2 billion term loan to support growth.

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