ONEOK falls 6.5% as 2026 guidance and capex outlook overshadow solid Q4 results
ONEOK's stock dropped 6.5% following the release of its 2026 outlook. Investors reacted negatively to expectations of moderating producer activity and a substantial capital spending range, which raised concerns about near-term free cash flow. Despite strong 2025 results, the market focused on the implied slower volume momentum and higher reinvestment needs for the midstream company.
https://www.quiverquant.com/news/ONEOK+falls+6.5%25+as+2026+guidance+and+capex+outlook+overshadow+solid+Q4+results