ONEOK Inc. released an investor presentation outlining its midstream footprint across the Permian, Bakken and Mid-Continent basins, including an approximately 60,000-mile pipeline network and operations spanning natural gas, NGLs, refined products and crude oil. The company provided 2026 guidance ranges of adjusted EBITDA of $7.9 billion to $8.3 billion and net income of $3.19 billion to $3.71 billion, and showed segment mix for adjusted EBITDA at 35% Natural Gas Liquids, 27% Natural Gas Gathering and Processing, 28% Refined Products and Crude, and 10% Natural Gas Pipelines. The presentation also highlighted synergy expectations of more than $700 million in total synergies by year-end 2026, including $625 million on an EBITDA basis and $707 million including non-EBITDA items. It listed major organic projects and timelines, including a refined products expansion to the Denver area targeted for mid-2026, phases of a rebuilt Medford, Oklahoma fractionator expected in Q4 2026 and Q1 2027, a Delaware Basin processing plant targeted for mid-2027, and joint venture Gulf Coast projects targeted for completion in early 2028 and mid-2028. You can access the full presentation through the link below.
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 on March 03, 2026, and is solely responsible for the information contained therein.
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