ONEOK — Third Quarter 2026 Earnings Summary

ONEOK, Inc. reported third-quarter 2026 net income attributable to the company of $1.35 billion, representing a 6% increase in adjusted EBITDA to $2.24 billion compared to the same period in 2025. The company raised its full-year 2026 financial guidance, projecting net income attributable to ONEOK at a midpoint of $3.985 billion and adjusted EBITDA at a midpoint of $8.55 billion. Operational highlights included a 6% increase in NGL raw feed throughput volumes and the completion of a $9 billion minority equity investment alongside the acquisition of Brazos Midstream's Permian Midland Basin assets. Additionally, ONEOK extinguished nearly $5.5 billion of debt principal in September 2026 and received credit rating upgrades to BBB+ from S&P Global Ratings and Fitch Ratings.