ONEOK Inc (NYSE:OKE) Reports Q2 2025 Earnings Slightly Above Estimates, Reaffirms Full-Year Guidance

ONEOK INC (NYSE:OKE) reported its second-quarter 2025 earnings, delivering revenue and earnings per share (EPS) figures that came in slightly above analyst expectations. The company also reaffirmed its full-year 2025 financial guidance, signaling confidence in its operational performance despite broader market fluctuations.

Key Earnings Highlights

• Revenue: Reported at $7.89 billion, surpassing the consensus estimate of $7.76 billion.
• EPS: Came in at $1.34, narrowly missing the estimated $1.35 but remaining within a tight margin.
• Rocky Mountain Performance: The company highlighted record natural gas liquids (NGL) raw feed throughput volumes in the Rocky Mountain region, a key driver for its NGL segment.

Market Reaction

Following the earnings release, ONEOK’s stock saw modest after-hours movement, rising approximately 0.48%. This muted reaction suggests investors were neither overly surprised nor disappointed by the results. Over the past month, the stock has declined 3.8%, reflecting broader sector pressures or profit-taking ahead of earnings.

Forward-Looking Estimates vs. Guidance

ONEOK reaffirmed its full-year 2025 financial guidance, aligning with analysts' expectations:

• Full-Year 2025 Revenue Estimate: $30.69 billion (analyst consensus).
• Q3 2025 Revenue Estimate: $8.12 billion (analyst consensus).

The company’s steady outlook indicates stability in its midstream operations, though investors will monitor whether it can sustain growth amid fluctuating energy prices and demand.

Press Release Summary

The earnings announcement emphasized:

• Strong performance in NGL volumes, particularly in the Rocky Mountain region.
• Reaffirmation of 2025 financial targets, reinforcing management’s confidence.
• No significant deviations from prior guidance, suggesting business execution remains on track.

For a deeper dive into ONEOK’s earnings trends and future estimates, review the full details here.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.