Q3 Earnings Estimate for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – Analysts at US Capital Advisors lowered their Q3 2026 earnings per share estimates for ONEOK in a research report issued to clients and investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings per share of $1.50 for the quarter, down from their previous estimate of $1.56. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for ONEOK’s current full-year earnings is $5.70 per share. US Capital Advisors also issued estimates for ONEOK’s Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $5.74 EPS, Q1 2027 earnings at $1.43 EPS, Q2 2027 earnings at $1.49 EPS, Q3 2027 earnings at $1.57 EPS, Q4 2027 earnings at $1.63 EPS and FY2027 earnings at $6.12 EPS.

ONEOK (NYSE:OKE) last posted its quarterly earnings data on Tuesday, October 27th. The utilities provider reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.63. The company had revenue of $12.46 billion for the quarter, compared to analyst estimates of $10.54 billion. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. During the same period in the previous year, the business posted $1.49 earnings per share.

Other equities research analysts have also issued research reports about the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $94.00 price objective on shares of ONEOK in a report on Tuesday, October 13th. Barclays cut their target price on ONEOK from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. Weiss Ratings raised ONEOK from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 21st. Stifel Nicolaus set a $100.00 price target on ONEOK in a report on Friday, October 9th. Finally, Capital One Financial started coverage on ONEOK in a research note on Tuesday, September 22nd. They issued an “overweight” rating and a $110.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ONEOK currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.53.

ONEOK Stock Down 1.3%

Shares of ONEOK stock opened at $94.72 on Thursday. ONEOK has a one year low of $64.02 and a one year high of $99.85. The company has a market cap of $59.71 billion, a P/E ratio of 16.33, a PEG ratio of 1.92 and a beta of 0.82. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 0.74. The firm has a fifty day moving average of $92.82 and a two-hundred day moving average of $88.35.

ONEOK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be paid a $1.07 dividend. The ex-dividend date is Monday, November 2nd. This represents a $4.28 annualized dividend and a dividend yield of 4.5%. ONEOK’s dividend payout ratio (DPR) is 73.79%.

Institutional Trading of ONEOK

Institutional investors have recently added to or reduced their stakes in the stock. Soltis Investment Advisors LLC lifted its position in shares of ONEOK by 482.8% during the 3rd quarter. Soltis Investment Advisors LLC now owns 13,783 shares of the utilities provider’s stock valued at $1,175,000 after acquiring an additional 11,418 shares during the period. Sawyer & Company Inc purchased a new stake in shares of ONEOK during the 3rd quarter worth approximately $102,000. MBM Wealth Consultants LLC grew its holdings in shares of ONEOK by 18.3% in the 3rd quarter. MBM Wealth Consultants LLC now owns 8,665 shares of the utilities provider’s stock worth $739,000 after acquiring an additional 1,341 shares during the period. CWA Asset Management Group LLC grew its holdings in shares of ONEOK by 8.1% in the 3rd quarter. CWA Asset Management Group LLC now owns 2,894 shares of the utilities provider’s stock worth $247,000 after acquiring an additional 218 shares during the period. Finally, CFS Investment Advisory Services LLC grew its holdings in shares of ONEOK by 77.1% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,059 shares of the utilities provider’s stock worth $451,000 after acquiring an additional 2,202 shares during the period. Hedge funds and other institutional investors own 69.13% of the company’s stock.

Key Stories Impacting ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Third-quarter adjusted earnings rose to $2.13 per share, well above the roughly $1.46–$1.50 analyst consensus, while revenue reached $12.46 billion versus expectations near $10.54 billion. Results benefited from higher pipeline volumes, record Permian Basin activity and stronger marketing gains. OKE Q3 Earnings Surpass Estimates on Higher Volumes and Marketing Gains
• Positive Sentiment: ONEOK raised its 2026 financial outlook, including increasing the midpoint of adjusted EBITDA guidance to approximately $8.55 billion. The updated forecast reflects strong year-to-date performance and expected contributions from the recently completed Brazos Permian Midland acquisition. ONEOK Announces Higher Third-Quarter Earnings and Increases Guidance
• Positive Sentiment: Management’s 2026 outlook and operating momentum prompted at least one analyst to raise its longer-term earnings estimate, with US Capital Advisors increasing its FY2028 EPS forecast to $7.25 from $7.22 and maintaining a Moderate Buy rating. ONEOK analyst estimate update
• Neutral Sentiment: ONEOK outlined a target of approximately 3.25 times leverage. The goal signals a focus on balance-sheet discipline, though investors may remain attentive to debt levels as the company integrates its acquisition and funds growth. ONEOK leverage target and EBITDA guidance
• Negative Sentiment: Despite the earnings beat, ONEOK’s shares have decreased, likely reflecting profit-taking after a substantial run toward the 52-week high and continued sensitivity to debt and dividend sustainability. Its debt-to-equity ratio is 1.34, which may limit enthusiasm even with improving cash flows.

About ONEOK

ONEOK, Inc is an energy infrastructure company that operates midstream assets across the United States. Its business includes the gathering, processing, storage and transportation of natural gas, as well as the gathering, fractionation, storage and transportation of natural gas liquids (NGLs). The company also provides transportation and storage services for refined petroleum products, crude oil and other related commodities.

ONEOK serves major producing and consuming regions, including the Mid-Continent, Rocky Mountain, Permian and Gulf Coast areas.