Oneok Inc. (OKE) Matches Q2 Earnings Estimates

Core Viewpoint - Oneok Inc. reported quarterly earnings of $1.34 per share, matching the Zacks Consensus Estimate, and showing a slight increase from $1.33 per share a year ago [1]. Financial Performance - Oneok's revenues for the quarter ended June 2025 were $7.89 billion, which missed the Zacks Consensus Estimate by 7.91%, compared to $4.89 billion in the same quarter last year [2]. - The company has exceeded consensus revenue estimates two times in the last four quarters [2]. Stock Performance - Oneok shares have declined approximately 21.3% since the beginning of the year, while the S&P 500 has gained 6.1% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.40, with projected revenues of $8.72 billion, and for the current fiscal year, the EPS estimate is $5.49 on revenues of $34.86 billion [7]. - The trend of earnings estimate revisions for Oneok was mixed prior to the earnings release, which may change following the report [6]. Industry Context - The Oil and Gas - Production Pipeline - MLB industry, to which Oneok belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8].