ONEOK Inc is expected to report Q1 2026 revenue of approximately $8.57 billion and EPS of $1.30, with the current stock price of $87.50 trading just below the consensus analyst price target of $89.69.
Investors are primarily focused on NGL raw feed throughput, which analysts estimate will grow nearly 20% year-over-year to 1,544.5 thousand barrels per day.
Supporting this growth is the continued integration of recent high-profile acquisitions like Magellan and EnLink, which are providing significant operational synergies and expanding fee-based earnings. Market participants are also looking for updates on negotiations with hyperscaler data centers, as management explores dedicated energy solutions leveraging their 60,000-mile pipeline network.