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Sign InIn a move reflecting robust operational momentum within the energy infrastructure sector, ONEOK has announced an upward revision to its 2026 earnings forecast. This marks the second time the company has boosted its financial outlook this year, signaling strong visibility into its long-term performance. According to reports, the higher guidance is primarily driven by record natural gas liquids (NGL) raw feed throughput volumes.
This update comes as energy markets focus on supply chain efficiency, with record throughput volumes bolstering the company's financial trajectory. Per market data, OKE shares closed at $90.81 (close July 31, 2026), having traded between a day low of $88.74 and a high of $90.94 during that session.
Looking ahead, investors will be watching for the sustainability of these record NGL volumes as a primary catalyst for further growth. Recent economic data, including the OPEC meeting and U.S. crude oil stock changes, continue to shape the broader energy landscape in which midstream operators like ONEOK function.