How Stronger-Than-Expected Earnings And Higher Guidance At ONEOK (OKE) Have Changed Its Investment Story

Simply Wall St.06-14

Earlier this week, ONEOK reported stronger-than-expected quarterly results, with analysts pointing to spread optimization and improved operating performance as key drivers of its raised full-year net ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2643243935?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/293889-main-header/1756231453047","is_english":true,"pubTime":"2026-06-14 10:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2643243935","market":"hk","top_or_hot":-1,"title":"How Stronger-Than-Expected Earnings And Higher Guidance At ONEOK (OKE) Have Changed Its Investment Story","media":"Simply Wall St.","content":"<div>\n<p>Earlier this week, ONEOK reported stronger-than-expected quarterly results, with analysts pointing to spread optimization and improved operating performance as key drivers of its raised full-year net ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/how-stronger-than-expected-earnings-and-higher-guidance-at-o\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Stronger-Than-Expected Earnings And Higher Guidance At ONEOK (OKE) Have Changed Its Investment Story</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Stronger-Than-Expected Earnings And Higher Guidance At ONEOK (OKE) Have Changed Its Investment Story\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-14 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/how-stronger-than-expected-earnings-and-higher-guidance-at-o><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earlier this week, ONEOK reported stronger-than-expected quarterly results, with analysts pointing to spread optimization and improved operating performance as key drivers of its raised full-year net ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/how-stronger-than-expected-earnings-and-higher-guidance-at-o\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OKE","symbol_name":"欧尼克（万欧卡）","start_time":0,"source_url":"https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/how-stronger-than-expected-earnings-and-higher-guidance-at-o","article_id":"2643243935","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/293889-main-header/1756231453047"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/how-stronger-than-expected-earnings-and-higher-guidance-at-o","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643243935","pubTimestamp":1781403304,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Earlier this week, ONEOK reported stronger-than-expected quarterly results, with analysts pointing to spread optimization and improved operating performance as key drivers of its raised full-year net income guidance to a midpoint of US$3.45 billion.\nThe interesting angle is that this operational improvement and higher guidance come even as analysts remain cautious about commodity price volatility and potentially tightening regional natural gas spreads.\nWith earnings guidance moving higher on...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OKE":"欧尼克（万欧卡）"},"translate_title":"ONEOK(OKE)强于预期的盈利和更高的指引如何改变了其投资故事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OKE":1.5},"content_text":"Earlier this week, ONEOK reported stronger-than-expected quarterly results, with analysts pointing to spread optimization and improved operating performance as key drivers of its raised full-year net income guidance to a midpoint of US$3.45 billion. The interesting angle is that this operational improvement and higher guidance come even as analysts remain cautious about commodity price volatility and potentially tightening regional natural gas spreads. With earnings guidance moving higher on the back of spread optimization, we'll now examine how this update influences ONEOK's broader investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 48 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow.AdvertisementONEOK Investment Narrative RecapTo own ONEOK, you need to be comfortable with a midstream business where earnings are closely tied to NGL and natural gas volumes and spreads. The raised 2026 net income guidance to a midpoint of US$3.5 billion suggests spread optimization is offsetting some commodity volatility, which supports the near term earnings story. However, the biggest current risk still looks to be tightening commodity and regional gas spreads, which could quickly erode that guidance if conditions worsen. In this context, the April 2026 decision to increase full year net income guidance to a midpoint of US$3.45 billion stands out as the clearest link to the latest quarter. It directly reflects how recent spread optimization and operating performance are flowing through to management’s formal expectations. For investors watching catalysts, this updated guidance now sits alongside ONEOK’s ongoing Permian build out and Texas City export project as key reference points for assessing progress. Yet even with higher guidance, the potential impact of tighter NGL and natural gas spreads is something investors should be aware of because it could... Read the full narrative on ONEOK (it's free!)ONEOK's narrative projects $34.0 billion revenue and $4.2 billion earnings by 2028. This requires 6.7% yearly revenue growth and about a $1.1 billion earnings increase from $3.1 billion today.Uncover how ONEOK's forecasts yield a $87.30 fair value, a 4% downside to its current price.Exploring Other PerspectivesOKE 1-Year Stock Price Chart Some of the lowest analysts were already assuming revenue could fall to about US$29.3 billion by 2029 even as earnings edged up to US$3.7 billion, so their more cautious view on commodity driven volatility and spreads might look very different once this latest guidance surprise is fully reflected.Explore 8 other fair value estimates on ONEOK - why the stock might be worth 7% less than the current price!Reach Your Own ConclusionDon't just follow the ticker - dig into the data and build a conviction that's truly your own.A great starting point for your ONEOK research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.Our free ONEOK research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate ONEOK's overall financial health at a glance.No Opportunity In ONEOK?Early movers are already taking notice. See the stocks they're targeting before they've flown the coop:Invest in the nuclear renaissance through our list of 88 elite nuclear energy infrastructure plays powering the global AI revolution.AI is about to change healthcare. These 40 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.We've uncovered the 8 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643243935","isCrawlerRequest":true}