ONEOK closes USD 9.00 billion Apollo deal as ONEOK stock costs EUR 82.63
Published on 10/01/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ONEOK (ISIN US6826801036) was last at EUR 82.63 on Gettex on September 10, 2026, while ONEOK reported the closing of a USD 9.00 billion minority equity investment with Apollo on that date. The transaction gives Apollo a nonvoting Class B interest in ONEOK Holdings, L.L.C.
USD 9.00 billion reshapes funding
Under the agreement, Apollo invested USD 9.00 billion in the newly formed holding company, whose interest is structurally subordinate to ONEOK's debt, according to the company release dated September 10, 2026. The structure matters because the capital is equity rather than additional debt at the operating company.
S&P Global Ratings said on September 21, 2026, that ONEOK used USD 5.00 billion of the proceeds to reduce outstanding debt and raised its issuer credit rating to BBB+ from BBB. The agency also said Apollo's interest would represent approximately 13 percent of the holding company, a figure that links the financing to future cash-flow allocation.
Second-quarter figures set the baseline
ONEOK reported USD 12.05 billion of revenue and diluted earnings per share of USD 1.53 for the second quarter of 2026. MarketBeat reported that earnings per share exceeded the USD 1.46 consensus estimate and rose from USD 1.34 in the second quarter of 2025. Revenue also exceeded the USD 8.95 billion consensus estimate cited in the September 29, 2026 report.
That comparison gives the financing news an operating reference point: the latest reported quarter combined a USD 0.07 earnings-per-share surplus versus consensus with a USD 0.19 year-over-year increase. The capital structure now becomes the main variable for investors assessing how much of the growth investment can be funded while debt falls.
Results date sets the next marker
Zacks lists October 27, 2026 as the expected date for ONEOK's next earnings release and forecasts earnings per share of USD 1.45 for that quarter. The date gives the market a defined checkpoint for judging the debt reduction, the Apollo structure and the company's operating performance.
Gettex price follows restructuring
The substitute Gettex price was EUR 82.63 on September 10, 2026. The quote is dated before the October 27 results date, while ONEOK's primary listing remains the NYSE under ticker OKE and its business spans natural gas liquids, refined products, crude oil and natural gas infrastructure.
The further course of trading is shown by the continuously updated real-time quote of ONEOK stock.
ONEOK stock facts
- Company: ONEOK, Inc.
- ISIN: US6826801036
- Ticker: OKE
- Primary exchange: NYSE
- Substitute price Gettex (as of September 10, 2026): EUR 82.63
- Market capitalization: USD 53.7 billion (as of September 30, 2026)
- 52-week range: USD 64.02-99.85 (as of September 30, 2026)
- Sector / Industry: Energy infrastructure
- Next earnings date: October 27, 2026
