Oneok (OKE) Q2 Revenue Jumps 61%

Oneok (NYSE:OKE), a leading U.S. midstream energy infrastructure company, reported results on August 4, 2025. The most important headlines from the release were revenue (GAAP) increased by $2,993 million to $7,887 million compared to Q2 2024, modest profit growth, and confirmation of its strong dividend. Revenue (GAAP) reached $7.887 billion, beating analyst forecasts by $199 million, while diluted earnings per share (GAAP) of $1.34 edged above the consensus estimate by $0.01. The results reflect both organic growth and successful integration of recent acquisitions, and the company maintained its full-year financial guidance. Overall, the quarter demonstrated continued expansion in volumes and capacity, but also showed rising operating and capital costs that are worth monitoring as the year progresses. Source: Analyst estimates for the quarter provided by FactSet. Oneok is a major midstream operator, meaning it transports, stores, and processes energy products such as natural gas, natural gas liquids (NGLs), and crude oil between production sites and end markets. Its integrated value chain covers transporting raw materials from oil and gas fields, processing and separating them, and moving finished fuels to storage or export facilities.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool