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Oneok Inc (OKE)
NYSE:OKE
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.32Last Year’s EPS
1.33Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -1.27%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in the first quarter of 2025 with significant contributions from recent acquisitions, growth in volumes, and a robust financial position. Although there were challenges related to weather conditions and the absence of divested asset earnings, the company remains optimistic about future growth driven by synergies, strategic projects, and a strong financial outlook.Company Guidance
During the first quarter of 2025 earnings call, ONEOK affirmed its 2025 financial guidance and 2026 outlook, highlighting several metrics and projects that drive its growth strategy. The company reported a net income of $636 million, or $1.04 per share, with adjusted EBITDA of $1.78 billion, or $1.81 billion excluding transaction costs. EnLink and Medallion assets contributed nearly $450 million to first-quarter results, with total incremental synergies expected to reach $250 million in 2025. ONEOK's leverage is expected to trend towards a target of 3.5x by 2026. The company's capital projects include the West Texas NGL pipeline and Elk Creek pipeline expansions, along with the integration of Easton Energy NGL assets with Gulf Coast infrastructure. The firm also discussed the strategic benefits of acquisition-related synergies and organic growth projects, emphasizing its commitment to maintaining a strong balance sheet, investment-grade credit ratings, and financial flexibility.Record First Quarter Net Income
First quarter 2025 net income attributable to ONEOK totaled $636 million or $1.04 per share. Adjusted EBITDA for the first quarter was $1.78 billion, driven by full-quarter contributions from acquired assets and higher year-over-year NGL and natural gas processing volumes.
Successful Acquisition Integration
The acquired EnLink and Medallion assets contributed nearly $450 million during the first quarter. ONEOK expects $250 million in total incremental synergies from these acquisitions in 2025.
Significant Growth in NGL and Natural Gas Volumes
First-quarter NGL volumes increased 4% year-over-year, with notable increases in the Rocky Mountain region and Gulf Coast Permian. Natural gas processing volumes in the Rocky Mountain region are expected to ramp up significantly as the year progresses.
Strong Financial Position
ONEOK ended the quarter with no borrowings outstanding under its $3.5 billion facility and more than $140 million in cash. The company continues to focus on maintaining a strong balance sheet and investment-grade credit ratings.
LPG Export Capacity Preparedness
ONEOK has enough propane on its system to fill its Texas City LPG export capacity, which is expected to be completed in early 2028, indicating strong future export potential.
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OKE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $86.77 | $81.14 | -6.49% |
Feb 24, 2025 | $96.90 | $94.58 | -2.39% |
Oct 29, 2024 | $92.41 | $93.00 | +0.64% |
Aug 05, 2024 | $76.03 | $79.61 | +4.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Oneok Inc (OKE) report earnings?
Oneok Inc (OKE) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Oneok Inc (OKE) earnings time?
Oneok Inc (OKE) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OKE EPS forecast?
OKE EPS forecast for the fiscal quarter 2025 (Q2) is 1.32.
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