ONEOK(US:OKE) ZACKSยท2025-10-28 22:31Core Insights - Oneok Inc. reported quarterly earnings of $1.49 per share, exceeding the Zacks Consensus Estimate of $1.46 per share, and up from $1.18 per share a year ago, representing an earnings surprise of +2.05% [1][2] - The company posted revenues of $8.63 billion for the quarter ended September 2025, which missed the Zacks Consensus Estimate by 14.08%, compared to $5.02 billion in the same quarter last year [2] - Oneok shares have declined approximately 31% year-to-date, contrasting with the S&P 500's gain of 16.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.56, with projected revenues of $11.07 billion, and for the current fiscal year, the EPS estimate is $5.41 on revenues of $37.05 billion [7] - The estimate revisions trend for Oneok was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - Oneok operates within the Zacks Oil and Gas - Production Pipeline - MLB industry, which is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Oneok's stock performance [5]