ONEOK Raises 2026 Guidance for Second Time Following Strong Results

Key Facts

1ONEOK raised its 2026 adjusted EBITDA guidance to $8.35 billion following strong Q2 results.

2The company completed the $4.425 billion acquisition of Brazos Midstream to drive growth.

ONEOK raised its 2026 adjusted EBITDA guidance to $8.35 billion. Seeking Alpha reported that this update marks the second time the company has increased its financial outlook this year, following strong second-quarter results. Additionally, the company completed the $4.425 billion acquisition of Brazos Midstream to drive its growth strategy.

The guidance increase is attributed to the integration of accretive M&A activity and major infrastructure projects nearing completion. OKE closed at $85.27 on September 30, 2026, having traded between a day high of $87.78 and a day low of $85.18 during that session.