Compared to Estimates, Oneok (OKE) Q4 Earnings: A Look at Key Metrics
ONEOKONEOK(US:OKE) ZACKS·2026-02-24 00:31

Core Insights - Oneok Inc. reported revenue of $9.07 billion for the quarter ended December 2025, reflecting a year-over-year increase of 29.5% but a revenue surprise of -4.5% compared to the Zacks Consensus Estimate of $9.49 billion [1] - The company's EPS was $1.55, slightly down from $1.57 in the same quarter last year, with an EPS surprise of +4.73% against the consensus estimate of $1.48 [1] Financial Performance Metrics - Oneok's shares have returned +12% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3] Key Operational Metrics - Raw feed throughput for Natural Gas Liquids was reported at 1,586.00 MBBL/d, below the two-analyst average estimate of 1,650.68 MBBL/d [4] - Adjusted EBITDA for Natural Gas Liquids was $723 million, compared to the average estimate of $781.79 million [4] - Adjusted EBITDA for Refined Products & Crude was $567 million, below the average estimate of $608.12 million [4] - Adjusted EBITDA for Natural Gas Pipelines was $261 million, exceeding the average estimate of $224.21 million [4] - Adjusted EBITDA for Natural Gas Gathering and Processing was $541 million, slightly below the average estimate of $574.43 million [4]