ONEOK earnings up next: Can Permian offset Bakken worries?

ONEOK Inc. is set to report second-quarter earnings, with analysts watching whether strong Permian Basin volumes can counteract concerns about its Bakken operations. While analysts expect increased earnings per share and revenue, some express caution due to investor doubts about sustained EBITDA growth and potential Bakken volume limitations from oil producer capital discipline. The report will assess if ONEOK's diversified midstream footprint can meet its targeted EBITDA growth despite these concerns.