secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001039684-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK FY2025 net income up 11%, adjusted EBITDA up 18%; guides FY2026 EBITDA $8.1B
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- Net income attributable to ONEOK of $3.39B in 2025 ($5.42/diluted share) vs $3.04B ($5.17) in 2024.
- Adjusted EBITDA of $8.02B for 2025, up 18% YoY; Q4 adjusted EBITDA of $2.15B.
- Rocky Mountain NGL raw feed throughput volumes up 15% YoY in both Q4 and full year.
- 2026 guidance: EPS midpoint $5.45, adjusted EBITDA midpoint $8.1B, capex $2.7B-$3.2B.
- Operating income for 2025 rose to $5.74B from $4.99B in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968426000004/0001039684-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968426000004/oke-20260223.htm
  HTML page:      https://secwatch.observer/filing/0001039684-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer