---
schema_version: "secwatch.filing_event.v1"
accession: "0001039684-23-000058"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:40:17.077398+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ONEOK Q2 net income up 13% to $468M; raises 2023 EBITDA guidance midpoint to $4.675B

## Summary
- Q2 net income $468M ($1.04 diluted EPS), up 13% YoY; adjusted EBITDA $971M, up 10%.
- 2023 guidance raised: net income midpoint $2.49B, adjusted EBITDA midpoint $4.675B.
- NGL raw feed throughput up 26% in Gulf Coast/Permian; natural gas processed volumes up 17%.
- Quarterly dividend of $0.955 per share declared ($3.82 annualized).
- Pending Magellan Midstream acquisition expected close Q3 2023; special meeting Sept 21.

## SEC filing metadata
- accession: 0001039684-23-000058
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000103968423000058/0001039684-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000103968423000058/oke-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039684-23-000058
- JSON: https://secwatch.observer/filing/0001039684-23-000058.json
- Plain text: https://secwatch.observer/filing/0001039684-23-000058.txt

## Key facts
- Earnings Releases
  ONEOK INC /NEW/ reported the quarter ended June 30, 2023 results: net income $468 million, EPS $1.04 per diluted share. Guidance raised.
  - Period: the quarter ended June 30, 2023
  - Net income: $468 million
  - EPS: $1.04 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: ONEOK Announces 13% Increase in Second Quarter 2023 Net Income and 10% Increase in Adjusted EBITDA Increasing 2023 Financial Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039684/000103968423000058/0001039684-23-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.