ONEOK Q2 net income $841M ($1.34/diluted), adj EBITDA $1.98B, reaffirms FY 2025 guidance

ONEOK INC /NEW/

2025-Q2 EPS reported $2.38 revenue$15,930,000,000

Net income attributable to ONEOK $841M ($1.34 diluted EPS) vs $780M ($1.33) in Q2 2024.
Adjusted EBITDA $1.98B, up 22% YoY; includes $21M transaction costs from EnLink acquisition.
Record Rocky Mountain region NGL raw feed throughput volumes increased 11% YoY.
Repaid ~$600M senior notes; acquired remaining 49.9% of Delaware Basin JV and additional 30% of BridgeTex.
Full-year 2025 financial guidance affirmed; quarterly dividend declared at $1.03/share.

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