Earning Analysis
Welcome to our in-depth analysis of ONEOK Inc(OKE) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of ONEOK Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-10-28 | After Hours | 1.46 | 1.49 | +2.05 | 8.54B | 8.63B | +1.07 | -2.75 | -5.41 |
| FY2025Q2 | 2025-08-04 | After Hours | 1.34 | 1.34 | - | 8.33B | 7.89B | -5.30 | -5.17 | -6.73 |
| FY2025Q1 | 2025-04-29 | After Hours | 1.23 | 1.04 | -15.45 | 7.36B | 8.04B | +9.26 | -6.49 | -8.78 |
| FY2024Q4 | 2025-02-24 | After Hours | 1.45 | 1.57 | +8.28 | 6.73B | 7.00B | +3.97 | -2.40 | -1.39 |
| FY2024Q3 | 2024-10-29 | After Hours | 1.23 | 1.18 | -4.07 | 6.17B | 5.02B | -18.58 | +0.64 | +4.27 |
| FY2024Q2 | 2024-08-05 | - | 1.18 | 1.33 | +12.71 | 6.08B | 4.89B | -19.53 | -1.93 | +6.02 |
| FY2024Q1 | 2024-04-30 | - | 1.13 | 1.09 | -3.54 | 5.69B | 4.78B | -16.04 | -1.63 | -2.93 |
| FY2023Q4 | 2024-02-26 | - | 1.21 | 1.18 | -2.48 | 5.55B | 5.24B | -5.75 | -0.08 | +2.96 |
| FY2023Q3 | 2023-10-31 | - | 0.98 | 0.99 | +1.02 | 5.21B | 4.19B | -19.62 | +0.84 | +2.51 |
| FY2023Q2 | 2023-08-07 | - | 1.00 | 1.04 | +4.00 | 4.82B | 3.73B | -22.53 | -0.08 | +1.52 |
OKE Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, ONEOK Inc reported performance for FY2025Q3, announced on 2025-10-28. The company achieved an EPS of 1.49, compared to analyst estimates of 1.46 by 2.05% . Revenue for the quarter reached 8.63B compared to expectations of 8.54B by 1.07% .
The stock price reacted with a -2.75% one-day change and a -5.41% five-day change following the earnings release. These movements reflect market reaction in ONEOK Inc growth trajectory and strategic initiatives.
OKE Earnings Forecast
Looking ahead, ONEOK Inc(OKE) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 7.65B and an EPS of 1.55.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -4.51%, while EPS estimates have been Revise Downward by -0.04%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Downward by -15.36% . These revisions correlate with a 4.87% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in ONEOK Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between OKE's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward
-4.51%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-0.04%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Downward
-15.36%
In Past 3 Month
Stock Price
Go Up
+4.87%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:31.43B
--
EPS Estimate-Annual FY 2025:5.42
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Stock Price76.17
OKE Revenue and EPS Performance: A Historical Perspective
ONEOK Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-10-28,After Hours):
EPS: 1.49 (Actual) vs.1.46 (Estimate) (2.05%)
Revenue: 8.63B (Actual) vs. 8.54B (Estimate) (1.07%)
Price Reaction: -2.75%(1-Day), -5.41%(5-Day)
FY2025Q2 (2025-08-04,After Hours):
EPS: 1.34 (Actual) vs.1.34 (Estimate) (0.00%)
Revenue: 7.89B (Actual) vs. 8.33B (Estimate) (-5.30%)
Price Reaction: -5.17%(1-Day), -6.73%(5-Day)
FY2025Q1 (2025-04-29,After Hours):
EPS: 1.04 (Actual) vs.1.23 (Estimate) (-15.45%)
Revenue: 8.04B (Actual) vs. 7.36B (Estimate) (9.26%)
Price Reaction: -6.49%(1-Day), -8.78%(5-Day)
Earnings Reaction
The chart below shows how OKE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OKE sees a +0.26% change in stock price 10 days leading up to the earnings, and a +1.85% change 10 days following the report. On the earnings day itself, the stock moves by -0.52%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -2.75% on the day following the earnings release and then changed by -0.01% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
ONEOK Inc (OKE) Q3 2025 Earnings Call Summary
Positive
2025-10-29
The earnings call reveals a generally positive outlook with strong financial guidance for 2025 and promising growth in key areas like the Permian Basin and refined products pipeline expansion. The Q&A section highlights management's confidence in future growth, despite some uncertainties in 2026 guidance. The company's strategic initiatives, including the new natural gas processing plant and refined products pipeline expansion, along with tax benefits and a focus on shareholder value through buybacks, suggest a positive sentiment. However, the lack of specific 2026 guidance tempers the outlook slightly.
ONEOK Inc (OKE) Q2 2025 Earnings Call Summary
Neutral
2025-08-05
The earnings call presents a mixed picture: positive elements include strategic asset positioning, growth in natural gas, and an increase in Medallion assets. However, these are offset by a lowered 2026 EBITDA outlook, decreased crude volumes, and management's vague responses on key issues. The market's reaction is likely to be neutral, with neither strong positive nor negative catalysts evident. Additionally, the lack of guidance adjustments or new partnerships tempers any potential positive sentiment.
ONEOK Inc (OKE) Q1 2025 Earnings Call Summary
Positive
2025-04-30
The earnings call highlights strong financial performance with significant EBITDA contributions and increased volumes in key regions. While there is no share repurchase program, the company maintains a strong cash position and disciplined capital management. The Q&A section indicates management's confidence in future growth, driven by LNG exports and AI data centers. Despite some unclear responses, the overall outlook is optimistic, supported by strategic acquisitions and infrastructure investments. The financial metrics and future guidance suggest a positive stock price movement, though the absence of a share repurchase program slightly tempers expectations.
ONEOK, Inc. (OKE) Q3 2024 Earnings Call Summary
Positive
2024-10-30
The earnings call summary presents strong financial performance with increased income, EPS, and EBITDA. The guidance for 2024 and 2025 is optimistic, with synergies from acquisitions and robust asset positioning. The Q&A section reveals positive sentiment from analysts, though some uncertainty remains regarding specific growth projects and 2025 EBITDA assumptions. Overall, the positive financial results, record volumes, and strategic expansions suggest a positive stock price movement in the short term.
ONEOK Inc (OKE) Q2 2024 Earnings Call Summary
Positive
2024-08-06
The earnings call summary indicates strong financial performance with increased net income and EBITDA guidance, a commitment to share repurchases, and strategic growth projects. The Q&A section reveals confidence in growth opportunities, synergies, and a stable market position despite some vague responses. The announcement of increased synergies and AI-driven demand further supports a positive outlook. Overall, the company's strategic initiatives and financial health suggest a positive stock price movement over the next two weeks.
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FAQ
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