ONEOK completed Brazos deal as Barchart reported USD 100.27 target for ONEOK stock

Published on 10/13/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barchart cites a Moderate Buy consensus for ONEOK stock. Q2 net income reached USD 967.00 million, up 13.00 percent year over year.

ONEOK completed the USD 4.43 billion Brazos Midstream acquisition on October 6, 2026.
Barchart reported a USD 100.27 average analyst price target and a Moderate Buy consensus.
Second-quarter 2026 net income rose 13.00 percent to USD 967.00 million, while adjusted EBITDA increased 7.00 percent to USD 2.12 billion.
ONEOK is scheduled to release third-quarter 2026 results on October 27, followed by a conference call on October 28.
The latest NYSE quote was USD 92.02 on October 12, 2026, with market capitalization of USD 58.0 billion.

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ONEOK completed its USD 4.43 billion acquisition of Brazos Midstream's Permian Midland Basin assets on October 6, 2026, while Barchart reported an average analyst target of USD 100.27 and a Moderate Buy consensus. The transaction and the upcoming third-quarter report make execution the central question for ONEOK stock.

Three milestones shape the outlook

On August 3, 2026, ONEOK reported second-quarter net income of USD 967.00 million, up 13.00 percent year over year, and diluted earnings per share of USD 1.53, according to Oklahoma Energy Today.

The same August 3 results raised 2026 guidance to a USD 3.60 billion net income midpoint and a USD 5.68 diluted earnings per share midpoint, while adjusted EBITDA guidance reached USD 8.35 billion, Oklahoma Energy Today reported.

On October 6, 2026, the Brazos transaction added Permian Midland Basin gathering and processing assets for USD 4.43 billion in cash consideration, according to Barchart. That scale makes the next report important for measuring how quickly the acquired operations contribute to earnings and cash flow.

What does the deal change?

The acquisition expands ONEOK's natural gas gathering and processing platform in the Permian Basin, but the immediate financial yardstick remains guidance. The USD 8.35 billion adjusted EBITDA midpoint for fiscal 2026 gives the market a quantified benchmark against which integration and operating performance can be assessed.

Results dates are already set

According to ONEOK on October 5, 2026, third-quarter results are scheduled for October 27, 2026, after the market closes. Management's conference call and webcast follow on October 28, 2026, at 11:00 a.m. ET.

For investors, the next comparison is therefore operational rather than purely transactional: second-quarter net income was USD 967.00 million, adjusted EBITDA was USD 2.12 billion, and the company enters the report with a larger asset base.

NYSE valuation sets the market backdrop

ONEOK was last quoted at USD 92.02 on the NYSE on October 12, 2026, at 4:00 p.m. ET. Its market capitalization was USD 58.0 billion on that date, placing the USD 100.27 average analyst target cited by Barchart USD 8.25 above the latest quote, a 8.97 percent difference based on the USD quote.