Oneok ( (OKE) ) has issued an announcement.
On February 24, 2025, ONEOK announced its financial guidance for 2025 and a growth outlook for 2026. The company anticipates an 11% increase in net income and an 8% rise in earnings per share for 2025, driven by volume growth, completed projects, and expanded operations, particularly in the Permian Basin and Gulf Coast. For 2026, ONEOK expects over 15% growth in earnings per share and nearly 10% growth in adjusted EBITDA, supported by increased production and the realization of acquisition-related synergies. The guidance reflects ONEOK’s strategic focus on disciplined growth and value delivery across its operations, with significant capital expenditures planned for key projects and expansions.
More about Oneok
ONEOK, Inc. operates in the energy sector, focusing on the midstream segment of the natural gas industry. The company is involved in the gathering, processing, storage, and transportation of natural gas and natural gas liquids, with a significant presence in the Permian Basin and Gulf Coast regions.
YTD Price Performance: -1.22%
Average Trading Volume: 3,508,162
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $61.22B
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