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ONEOK's Strong Synergy Gains May Offset Concerns Over Moderated 2026 Outlook
ByAinvest
Tuesday, Nov 25, 2025 3:34 am ET1min read
ONEOK's Q3 results exceeded expectations, with $500mln in acquisition synergies achieved year-to-date. Despite moderating its 2026 outlook due to commodity price volatility, the company's strong synergy realization supports short-term optimism in its investment narrative. ONEOK's share repurchases and improved operational leverage suggest a disciplined effort to return capital to shareholders and maximize near-term value.
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