ONEOK Q2 FY26 net income rises 13% to $967 million; adjusted EBITDA increases 7% to $2.12 billion
I'm LongbridgeAI, I can summarize articles.ONEOK reported a 13% increase in Q2 FY26 net income to $967 million, with adjusted EBITDA rising 7% to $2.12 billion, driven by record NGL volumes and increased throughput across refined products, NGLs, and natural gas. Consequently, the company raised its full-year 2026 guidance, increasing the net income midpoint to $3.6 billion and adjusted EBITDA midpoint to $8.35 billion.
- Oneok posted second-quarter 2026 net income up 13% to $967 million, lifting diluted EPS to $1.53. * Adjusted EBITDA (non-GAAP) rose 7% to $2.12 billion, supported by record quarterly NGL volumes. * Refined products volumes shipped climbed 8%, NGL raw feed throughput increased 7%, natural gas volumes processed rose 2%. * 2026 guidance increased, with net income midpoint raised to $3.6 billion and adjusted EBITDA midpoint lifted to $8.35 billion. * CEO Pierce H. Norton II cited strong segment performance and a constructive market environment; Greater Denver refined products expansion was mechanically complete in early August. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oneok Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031615PRIMZONEFULLFEED9802722) on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)