NYSE:OKEOil and Gas
ONEOK Earnings Growth And Dividend Raise Reshape Valuation And 2026 Outlook
ONEOK (NYSE:OKE) reported double digit net income and adjusted EBITDA growth for 2025.
The company exceeded synergy targets from recent acquisitions, including Magellan, and retired a significant amount of long term debt.
ONEOK raised its quarterly dividend by 4% and continued integrating acquired assets through 2025.
Management outlined plans for 2026 that include expansion into fee based earnings and energy solutions for data centers.
ONEOK is a large midstream operator focused on natural...