secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001039684-25-000121
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK Q3 net income up 36% to $940M; adj EBITDA $2.12B; affirms 2025 guidance
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- Q3 2025 net income $940M ($1.49 diluted EPS) vs $693M ($1.18 EPS) a year ago; adjusted EBITDA $2.12B vs $1.55B.
- Segment adj EBITDA: NGL $748M, Refined/Crude $582M, G&P $566M, Pipelines $200M; all up YoY driven by EnLink/Medallion acquisitions.
- Declared quarterly dividend of $1.03/share ($4.12 annualized); repurchased 611K shares for $45M under $2B program.
- Announced Bighorn 300 MMcf/d gas processing plant (mid-2027 start) and Eiger Express 450-mile pipeline JV in Permian Basin.
- Full-year 2025 net income and adjusted EBITDA guidance ranges affirmed; synergy capture ahead of original expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968425000121/0001039684-25-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968425000121/oke-20251028.htm
  HTML page:      https://secwatch.observer/filing/0001039684-25-000121

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