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Red Flags Detected

  • Asset Impairment (new) — A $60 million noncash impairment was recorded on the Powder Springs equity investment in Q1 2026, indicating a decline in the investment's recoverable value.
NYSE: OKE ONEOK INC /NEW/ 10-Q

ONEOK Q2 2026: revenue +52.8% to $12.0B, net income +14.9% to $966.0M

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read

Key Changes

  • high

    Total revenue rose 52.8% to $12.0B, driven by higher commodity sales and volumes across segments.

    MD&A: Financial Results verify on EDGAR →
  • high

    Net income increased 14.9% to $966.0M, with diluted EPS up 14.2% to $1.53.

    MD&A: Financial Results verify on EDGAR →
  • high

    $600M drawn as of June 30, 2026, fully drawn in July 2026.

    MD&A: Liquidity verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify