For the third quarter of 2026, ONEOK Inc is expected to report consensus revenue of $11.77 billion and earnings per share of $1.46, with the stock currently priced at $96.00 compared to an average analyst price target of $99.91.
Investors are primarily focused on the integration of the recently completed $4.425 billion acquisition of Brazos Midstream's natural gas assets and its contribution to Permian Basin volumes.
Analysts anticipate that higher refined product shipments and record NGL raw feed throughput will drive performance, though rising operating expenses remain a concern. Market participants will also look for updates on synergy realization from the Medallion and EnLink transactions completed earlier in the year.