<p>ONEOK (NYSE:OKE) will release its quarterly earnings report on Monday, 2026-02-23. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate ONEOK to report an <strong>earnings per share</strong> (EPS) of $1.49.</p>
<p>Anticipation surrounds ONEOK's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.</p>
<p>New investors should understand that while earnings performance is important, market reactions are often driven by guidance.</p>
<h3>Earnings History Snapshot</h3>
<p>Last quarter the company beat EPS by $0.04, which was followed by a 2.75% drop in the share price the next day.</p>
<p>Here's a look at ONEOK's past performance and the resulting price change:</p>
<p></p><table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th align="right"><strong>Q3 2025</strong></th>
<th align="right"><strong>Q2 2025</strong></th>
<th align="right"><strong>Q1 2025</strong></th>
<th align="right"><strong>Q4 2024</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td align="right">1.45</td>
<td align="right">1.33</td>
<td align="right">1.24</td>
<td align="right">1.51</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td align="right">1.49</td>
<td align="right">1.34</td>
<td align="right">1.04</td>
<td align="right">1.57</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td align="right">-3.00</td>
<td align="right">-5.00</td>
<td align="right">-6.00</td>
<td align="right">-2.00</td>
</tr>
</tbody>
</table><p></p>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1771596054_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="eps graph" width="700" height="500" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1771596054_0.png"/></p>

<h3>Market Performance of ONEOK's Stock</h3>
<p>Shares of ONEOK were trading at $86.88 as of February 19. Over the last 52-week period, shares are down 11.46%.  Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. </p>
<h3>Analyst Observations about ONEOK</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on ONEOK.</p>
<p>A total of  analyst ratings have been received for ONEOK, with the consensus rating being . The average one-year price target stands at $, suggesting a potential .</p>
<p>To track all earnings releases for ONEOK visit their earnings calendar on our site.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>

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<p>ONEOK (NYSE:OKE) is set to release its quarterly earnings report on February 23, 2026, with analysts expecting an earnings per share (EPS) of $1.49. Investors are keen on positive guidance following the announcement. Last quarter, ONEOK beat EPS estimates by $0.04, but the stock dropped 2.75% the next day. Currently, shares are trading at $86.88, down 11.46% over the past year. Analyst ratings and market sentiments are crucial for investors ahead of this earnings release.</p>

An Overview of ONEOK's Earnings