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OKEONEOK, Inc.Hold6.0·$95.75-0.27%

ONEOK (OKE) Q2 2026 earnings — TrendMatrix coverage

BEAT+5.6% vs estimateEPS $1.53 vs $1.45 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$1.53
Estimate
$1.45
Surprise
+5.6%
Score at report (before → after)
5.85.9/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

ONEOK (OKE) beat the $1.45 estimate with diluted EPS of $1.53 — a clear 5.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 5.9/10 after the report.

Current read · as of 2026-09-04

Where TrendMatrix's rating stands now

TrendMatrix currently rates OKE Hold at 6.0/10.

3 of the last 4 quarters beat the estimate; this quarter's +5.6% surprise compares with a +3.2% four-quarter average. Next scheduled report: 2026-10-27.

What supports the rating

  • Sector modifier (Energy): +1.2
  • Strong earnings beat streak (3/4)

What argues against it

  • Analyst target reached - limited upside remaining
  • Near 52-week high (4.1% away)
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.2)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$95.75
Price target
$97.84
Stop
$90.89
Upside to target
+2.2%

At 16.6× trailing and 15.3× forward earnings, consensus estimates imply little change in earnings power.

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Energy context

OKE at TrendMatrix's latest read

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry
Oil & Gas Midstream
Market cap
$60.36B
P/E (fwd)
15.3
P/E (ttm)
16.6
52-week range
$64.02$99.85
Off 52-week high
4.1%
RSI (14)
53
Volume vs avg
0.72×
Score today
6.0/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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