secwatch.observer — SEC 8-K summary
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Issuer:     ONEOK INC /NEW/ (OKE)
CIK:        0001039684
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001039684-26-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONEOK Q1 net income up 12% to $776M; raises FY2026 guidance midpoint
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- Net income $776M ($1.23 diluted EPS) vs $691M ($1.04) in Q1 2025; adjusted EBITDA $1.997B (+13% YoY).
- 2026 guidance raised: net income midpoint $3.5B, EPS $5.53, adjusted EBITDA midpoint $8.25B.
- NGL raw feed throughput volumes up 15%; refined products volumes shipped up 12% YoY.
- Q1 includes $60M noncash impairment of a JV investment in Refined Products and Crude segment (7c EPS impact).
- Capital expenditure guidance unchanged at $2.7B-$3.2B for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039684/000103968426000015/0001039684-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039684/000103968426000015/oke-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001039684-26-000015

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