ONEOK announces higher Q3 results and raises 2026 guidance after muted trading session

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ONEOK stock falls to $96.01

Highlights

ONEOK reported third-quarter 2026 net income attributable to shareholders of $1.35 billion, up 44% from the prior year.
The company raised its 2026 financial guidance, including a projected $75 million gain from the Brazos Permian Midland acquisition.
ONEOK stock edges lower on the day, trading at $96.01.

ONEOK announced higher third-quarter 2026 results and raised its financial guidance for 2026. The company reported net income attributable to shareholders of $1.35 billion for the quarter, a 44% increase compared to the previous year, according to Rallies. The updated guidance incorporates an expected contribution of approximately $75 million from the recently completed Brazos Permian Midland acquisition, GlobeNewswire reported.

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Pullback seen as bullish trend meets overbought conditions

The daily move runs against the broader bullish chart structure, highlighting a pullback amid an overall upward bias. The nearest resistance is the weekly high at $97.12, while shares remain supported above their MA-20, MA-50, and MA-200, supporting the bullish daily trend. RSI at 63.5 indicates the advance is nearing overbought territory, which may begin to limit further upside from current levels.

Upside odds hold as traders focus on closes above resistance

Traders should watch whether the price can achieve a close above $97.12 to confirm buyers are sustaining the move. During the latest session, the intraday range widened sharply, stretching from $95.42 to $97.34. The past week was characterized by a contained move within a narrow range, yet from here, the upside probability stands at more than 80% for the coming trading week, with downside probability less than 20% and an expected range between $93.33 and $98.68. A close above the weekly high would show continued buying, while a drop below $92.82 would indicate the move is being faded. On the weekly chart the longer-term picture stays firmly constructive.

Earlier, analysts noted that ONEOK’s strong technical momentum and strategic financial measures were key to maintaining a positive outlook. With the company now delivering substantial year-over-year earnings growth and updating its guidance, traders should monitor whether shares can sustain support above their critical moving averages as a sign of continued underlying strength.

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