ONEOK (OKE) Expected to Release Earnings on Monday

ONEOK (NYSE:OKE) is expected to release its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect ONEOK to post earnings of $1.46 per share and revenue of $8.9499 billion for the quarter. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. Interested persons can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.

ONEOK (NYSE:OKE) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The company had revenue of $9.62 billion during the quarter, compared to analysts’ expectations of $8.23 billion. ONEOK had a net margin of 10.03% and a return on equity of 16.06%. During the same quarter in the prior year, the business posted $1.04 earnings per share. On average, analysts expect ONEOK to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ONEOK Trading Down 0.0%

OKE opened at $93.13 on Monday. The firm has a market cap of $58.69 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 5.01 and a beta of 0.73. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.37. ONEOK has a 12 month low of $64.02 and a 12 month high of $96.07. The stock has a fifty day moving average price of $89.48 and a 200-day moving average price of $86.05.

ONEOK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a dividend of $1.07 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $4.28 dividend on an annualized basis and a yield of 4.6%. ONEOK’s dividend payout ratio (DPR) is presently 76.29%.

Hedge Funds Weigh In On ONEOK

A number of institutional investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT lifted its stake in ONEOK by 73.3% during the 4th quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 143 shares during the period. J.Safra Asset Management Corp acquired a new stake in shares of ONEOK in the fourth quarter worth $37,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of ONEOK in the fourth quarter worth $37,000. DV Equities LLC purchased a new position in shares of ONEOK during the fourth quarter worth $64,000. Finally, Loomis Sayles & Co. L P lifted its position in ONEOK by 14.8% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,034 shares of the utilities provider’s stock valued at $76,000 after purchasing an additional 133 shares during the period. 69.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on OKE. Truist Financial lifted their target price on ONEOK from $91.00 to $93.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Morgan Stanley increased their price target on shares of ONEOK from $104.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, April 7th. Raymond James Financial restated an “outperform” rating and issued a $92.00 price target on shares of ONEOK in a report on Thursday, April 30th. Citigroup lifted their price objective on shares of ONEOK from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Barclays reduced their price objective on shares of ONEOK from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $92.44.

About ONEOK

ONEOK, Inc (NYSE: OKE) is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK’s asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.