ONEOK, Inc. (OKE)
| Market Cap | 57.15B +30.4% |
| Revenue (ttm) | 39.37B +40.8% |
| Net Income | 3.66B +18.2% |
| EPS | 5.78 +13.0% |
| Shares Out | 630.41M |
| PE Ratio | 15.67 |
| Forward PE | 14.74 |
| Dividend | $4.28 (4.72%) |
| Ex-Dividend Date | Aug 3, 2026 |
| Volume | 3,210,175 |
| Open | 92.61 |
| Previous Close | 91.97 |
| Day's Range | 90.27 - 92.61 |
| 52-Week Range | 64.02 - 99.85 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 100.55 (+10.92%) |
| Earnings Date | Oct 27, 2026 |
About OKE
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL... [Read more]
Financial Performance
In 2025, ONEOK's revenue was $33.63 billion, an increase of 54.99% compared to the previous year's $21.70 billion. Earnings were $3.39 billion, an increase of 11.83%.
Financial StatementsAnalyst Summary
According to 22 analysts, the average rating for OKE stock is "Buy." The 12-month stock price target is $100.55, which is an increase of 10.92% from the latest price.
News
Oneok price target raised to $96 from $95 at Scotiabank
Scotiabank raised the firm’s price target on Oneok (OKE) to $96 from $95 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for…
ONEOK Declares Quarterly Dividend
TULSA, Okla., Oct. 14, 2026 (GLOBE NEWSWIRE) -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of $1.07 per share, unchanged from the previous quarter, resulting...
Oneok price target lowered to $100 from $105 at Stifel
Stifel analyst Robert Hodges lowered the firm’s price target on Oneok (OKE) to $100 from $105 and keeps a Hold rating on the shares after updating estimates on covered midstream…
Brazos Midstream Completes Sale of Midland Basin Assets to ONEOK
FORT WORTH, Texas--(BUSINESS WIRE)--Brazos Midstream (“Brazos”) today announced the closing of the previously announced sale of its Midland Basin natural gas gathering and processing assets to ONEOK, ...
ONEOK Completes Acquisition of Brazos Midstream's Permian Midland Basin Assets
Establishes One of the Permian Midland Basin's Largest Integrated Natural Gas Gathering and Processing Platforms Establishes One of the Permian Midland Basin's Largest Integrated Natural Gas Gathering...
Oneok price target lowered to $100 from $106 at JPMorgan
JPMorgan lowered the firm’s price target on Oneok (OKE) to $100 from $106 and keeps a Neutral rating on the shares. The firm update the company’s model ahead of the…
ONEOK Schedules Third-Quarter 2026 Conference Call and Webcast
TULSA, Okla., Oct. 05, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) will release third-quarter 2026 earnings after the market closes on Oct. 27, 2026. Members of ONEOK's management team will parti...
NTHM's Index Rebalance Puts Thematic Rotation to Work
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP...
Oneok initiated with an Overweight at Capital One
Capital One analyst Wade Suki initiated coverage of Oneok (OKE) with an Overweight rating and $110 price target
ONEOK Announces Pricing Terms of Cash Tender Offers
TULSA, Okla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) today announced the pricing terms of ONEOK, L.L.C.
ONEOK Announces Early Results of Cash Tender Offers
TULSA, Okla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) today announced the results to date of ONEOK, L.L.C.
Oneok price target raised to $93 from $90 at TD Cowen
TD Cowen raised the firm’s price target on Oneok (OKE) to $93 from $90 and keeps a Hold rating on the shares. The firm updated its model to reflect investors…
Export & Power Demand Drive M&A Wave Across Midstream
The midstream energy segment is seeing a wave of large-scale M&A after a slower start to 2026. This has been largely driven by companies racing to expand natural gas and crude oil infrastructure to su...
ONEOK Closes $9 Billion Minority Equity Investment with Apollo
TULSA, Okla., Sept. 10, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) today announced the closing of the previously announced $9 billion minority equity investment by funds and affiliates managed b...
Oneok resumed with a Hold at Stifel
Stifel resumed coverage of Oneok (OKE) with a Hold rating and $105 price target Oneok has diversified across hydrocarbons and expanded into growth-oriented basins through a series of targeted acquisit...
Oneok price target raised to $112 from $105 at Morgan Stanley
Morgan Stanley analyst Robert Kad raised the firm’s price target on Oneok (OKE) to $112 from $105 and keeps an Equal Weight rating on the shares.
Midstream Taps Private Equity to Fund Growth Projects
The North American midstream sector is entering a period of accelerated growth. Surging liquefied natural gas (LNG) exports and rapidly expanding power generation demand are driving record multi-billi...
Oneok price target raised to $108 from $97 at Citi
Citi raised the firm’s price target on Oneok (OKE) to $108 from $97 and keeps a Buy rating on the shares. The firm cites the Brazos Midland acquisition and financing…
Oneok price target raised to $104 from $93 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Oneok (OKE) to $104 from $93 and keeps a Hold rating on the shares. The company’s dual announcements of the…
Oneok price target raised to $105 from $95 at Jefferies
Jefferies raised the firm’s price target on Oneok (OKE) to $105 from $95 and keeps a Hold rating on the shares. The firm updated its analysis of Oneok’s deal with…
Oneok price target raised to $106 from $98 at Wells Fargo
Wells Fargo raised the firm’s price target on Oneok (OKE) to $106 from $98 and keeps an Overweight rating on the shares. While Brazos/Apollo is dilutive to the firm’s discounted…
Oneok price target raised to $95 from $89 at Scotiabank
Scotiabank raised the firm’s price target on Oneok (OKE) to $95 from $89 and keeps a Sector Perform rating on the shares. The firm is now more mixed on the…
Oneok price target raised to $106 from $95 at JPMorgan
JPMorgan raised the firm’s price target on Oneok (OKE) to $106 from $95 and keeps a Neutral rating on the shares following the acquisition of Brazos Midstream’s Permian Midland Basin.
Midstream Scales Up Natural Gas Infrastructure
As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.
ONEOK Transcript: M&A announcement
The acquisition of Brazos Midland Basin assets for $4.425B, funded by a $9B Apollo minority equity investment, will double processing capacity, deliver immediate accretion, and reduce leverage to 3.25x. The deal brings significant synergies, growth visibility, and preserves upside for shareholders.