ONEOK said it guided 2025 net income including noncontrolling interests to a midpoint of $3.45 billion, up 11% year over year, and adjusted EBITDA to a midpoint of $8.225 billion, excluding transaction costs and up 21% year over year.

1. 01

   ONEOK said it guided 2025 net income including noncontrolling interests to a midpoint of $3.45 billion, up 11% year over year, and adjusted EBITDA to a midpoint of $8.225 billion, excluding transaction costs and up 21% year over year.

2. 02

   The company guided 2025 diluted earnings per share to a midpoint of $5.37, up 8% from 2024 excluding one-time items, and total capital expenditures to approximately $2.8 billion to $3.2 billion.

3. 03

   ONEOK said it expects 2026 earnings per share growth above 15% and adjusted EBITDA growth approaching 10% compared with the 2025 guidance midpoints, citing volume growth and realization of acquisition-related synergies as drivers.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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