ONEOK stock reports a 10.07 percent EPS beat in Q2
Published on 09/23/2026 at 20:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ONEOK stock (NYSE: OKE) was trading at USD 90.67 on September 23, 2026, up USD 0.58 or 0.64 percent from the prior close of USD 90.09. The latest earnings picture is stronger than the daily move suggests: second-quarter 2026 operating EPS reached USD 1.53, beating consensus by 10.07 percent.
EPS beat reaches 10.07 percent
According to Zacks on September 16, 2026, ONEOK delivered second-quarter operating EPS of USD 1.53 against a consensus estimate of USD 1.39. The result was 14.2 percent above the year-ago figure of USD 1.34, giving investors a clear earnings comparison beyond the share price snapshot.
Revenue provided the larger operating signal. ONEOK generated USD 12.05 billion in second-quarter revenue, up 52.8 percent from USD 7.89 billion in the prior-year quarter and 13.03 percent above the USD 10.66 billion consensus estimate, according to Zacks.
Midstream scale supports results
ONEOK describes its operations as an integrated energy infrastructure platform spanning natural gas liquids, refined products and crude, natural gas gathering and processing, and natural gas pipelines, according to the company website. Its listed business lines connect gathering, processing, storage, transportation and distribution across the United States.
The second-quarter numbers show why revenue alone needs careful interpretation in a midstream business. Operating profit was USD 1.593 billion and consolidated net income was USD 967 million for Q2/2026, while operating cash flow reached USD 2.053 billion. Revenue grew faster than operating profit, so earnings quality and cash generation remain more informative than the top-line percentage by itself.
Analysts keep a Hold view
MarketBeat reported on September 23, 2026, that analysts held a consensus Hold rating on ONEOK, with an average target price of USD 96.88. The target is USD 6.21 above the September 23 price of USD 90.67, while the stock's 52-week range stood at USD 64.02 to USD 99.85.
Stock trades at USD 90.67
ONEOK stock was trading at USD 90.67 on the NYSE at 2:36 p.m. ET on September 23, 2026. The current market capitalization was USD 57,135,427,336, and the daily gain was 0.64 percent.
ONEOK stock facts
- Company: ONEOK, Inc.
- Ticker: OKE
- Trading venue: NYSE
- Price (as of September 23, 2026, 2:36 p.m. ET): USD 90.67
- Market capitalization: USD 57,135,427,336 (as of September 23, 2026)
- 52-week range: USD 64.02-99.85 (as of September 23, 2026)
- Sector / Industry: Energy / Oil and Gas Midstream
