ONEOK (OKE) Projected to Post Quarterly Earnings on Tuesday

ONEOK (NYSE:OKE) is projected to announce its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect the company to announce earnings of $1.29 per share and revenue of $8.5625 billion for the quarter. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 11:00 AM ET.

ONEOK (NYSE:OKE) last posted its earnings results on Monday, February 23rd. The utilities provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.05. The business had revenue of $9.07 billion for the quarter, compared to analysts’ expectations of $8.77 billion. ONEOK had a net margin of 10.09% and a return on equity of 15.29%. During the same quarter in the prior year, the business earned $1.57 EPS. On average, analysts expect ONEOK to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ONEOK Price Performance

OKE opened at $87.55 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.56 and a current ratio of 0.71. The stock has a market capitalization of $55.16 billion, a P/E ratio of 16.15, a P/E/G ratio of 6.46 and a beta of 0.84. The company’s 50-day simple moving average is $86.83 and its two-hundred day simple moving average is $77.81. ONEOK has a 52-week low of $64.02 and a 52-week high of $95.30.

ONEOK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Monday, May 4th. ONEOK’s dividend payout ratio is 78.97%.

Institutional Investors Weigh In On ONEOK

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OKE. Brighton Jones LLC raised its stake in ONEOK by 137.1% during the 4th quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock worth $1,534,000 after acquiring an additional 8,834 shares during the period. Empowered Funds LLC raised its stake in ONEOK by 0.8% during the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 137 shares during the period. Acadian Asset Management LLC bought a new stake in ONEOK during the 1st quarter worth approximately $216,000. Federated Hermes Inc. raised its stake in ONEOK by 14.0% during the 2nd quarter. Federated Hermes Inc. now owns 3,120 shares of the utilities provider’s stock worth $255,000 after acquiring an additional 383 shares during the period. Finally, NewEdge Advisors LLC raised its stake in ONEOK by 3.9% during the 2nd quarter. NewEdge Advisors LLC now owns 130,347 shares of the utilities provider’s stock worth $10,640,000 after acquiring an additional 4,902 shares during the period. Institutional investors own 69.13% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Scotiabank reiterated an “outperform” rating on shares of ONEOK in a research note on Monday, April 13th. JPMorgan Chase & Co. cut shares of ONEOK from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $87.00 to $83.00 in a research note on Tuesday, January 27th. Barclays increased their price objective on shares of ONEOK from $76.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of ONEOK in a research note on Monday, December 29th. Finally, Jefferies Financial Group increased their price objective on shares of ONEOK from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $89.69.

ONEOK Company Profile

ONEOK, Inc (NYSE: OKE) is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK’s asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.