Oneok Inc. (OKE) reported $8.63 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 71.9%. EPS of $1.49 for the same period compares to $1.18 a year ago.
The reported revenue represents a surprise of -14.08% over the Zacks Consensus Estimate of $10.05 billion. With the consensus EPS estimate being $1.46, the EPS surprise was +2.05%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Oneok performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Raw feed throughput - Natural Gas Liquids: 1,574.00 MBBL/d versus the two-analyst average estimate of 1,542.23 MBBL/d.
- Revenues- Natural Gas Gathering and processing: $1.84 billion versus $1.32 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +103.4% change.
- Revenues- Natural Gas Pipelines: $450 million versus the two-analyst average estimate of $285.3 million. The reported number represents a year-over-year change of +163.2%.
- Revenues- Refined Products & Crude: $3.63 billion versus $1.85 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +276.8% change.
- Revenues- Natural gas liquids: $3.9 billion compared to the $2.84 billion average estimate based on two analysts. The reported number represents a change of +5.9% year over year.
- Adjusted EBITDA- Natural Gas Liquids: $748 million versus $769.06 million estimated by three analysts on average.
- Adjusted EBITDA- Refined Products & Crude: $582 million compared to the $568.96 million average estimate based on three analysts.
- Adjusted EBITDA- Natural Gas Pipelines: $200 million compared to the $181.14 million average estimate based on three analysts.
- Adjusted EBITDA- Natural Gas Gathering and Processing: $566 million compared to the $568.09 million average estimate based on three analysts.
View all Key Company Metrics for Oneok here>>>
Shares of Oneok have returned -7.9% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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ONEOK, Inc. (OKE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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