ONEOK, Inc. (OKE)
| Market Cap | 55.36B |
| Revenue (ttm) | 21.70B |
| Net Income (ttm) | 3.03B |
| Shares Out | 597.74M |
| EPS (ttm) | 5.17 |
| PE Ratio | 17.91 |
| Forward PE | 16.40 |
| Dividend | $4.12 (4.45%) |
| Ex-Dividend Date | Feb 3, 2025 |
| Volume | 4,502,485 |
| Open | 91.71 |
| Previous Close | 91.42 |
| Day's Range | 91.54 - 93.63 |
| 52-Week Range | 76.23 - 118.07 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 102.71 (+10.89%) |
| Earnings Date | Apr 29, 2025 |
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 2024, ONEOK's revenue was $21.70 billion, an increase of 22.75% compared to the previous year's $17.68 billion. Earnings were $3.03 billion, an increase of 14.15%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $102.71, which is an increase of 10.89% from the latest price.
News
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ONEOK: A Growth Engine In The Midstream Space
ONEOK's strategic acquisitions of EnLink Midstream and Medallion have solidified its position in the midstream sector, enhancing its NGL value chain and crude oil infrastructure. The company has incre...
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ONEOK Schedules 2025 Annual Meeting of Shareholders; Sets Record Date
TULSA, Okla., Feb. 27, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will hold its 2025 annual meeting of shareholders at 9 a.m.
Miller-Howard Infrastructure Q4 2024 Commentary
Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas...
ONEOK, Inc. (OKE) Q4 2024 Earnings Call Transcript
ONEOK, Inc. (OKE) Q4 2024 Earnings Call Transcript
Trade Tracker: Jenny Harrington sells ONEOK, buys Plains GP and Enbridge
Jenny Harrington, Gilman Hill Asset Management CEO, joins CNBC's "Halftime Report" to detail her energy strategy.
ONEOK Announces 2025 Financial Guidance and Provides 2026 Growth Outlook
Higher 2025 Expectations Driven by Volume Growth, Completed Projects and Expanded Operations TULSA, Okla. , Feb. 24, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced 2025 financial guidanc...
ONEOK Announces Higher Fourth Quarter and Full-year 2024 Earnings
Completed Projects and Expanded Asset Base Provide a Platform For Growth TULSA, Okla. , Feb. 24, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher fourth quarter and full-year 2024 r...
How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings
ONEOK, Inc. OKE will release its fourth-quarter financial results, after the closing bell, on Monday, Feb. 24, 2025.
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ONEOK: Pullback Presents An Opportunity On Increasing NG Demand
ONEOK's acquisition strategy and vast pipeline network position it as a leading midstream service provider, ensuring stable cash flows and growth potential. The recent 20% pullback in shares presents ...
Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
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The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
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A Rare Buying Opportunity Before A Big Market Reversal Takes Place
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Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
I once thought holding cash for a market crash was smart, but waiting for crashes is a risky game. Inflation devalues cash much faster than investing. Market timing is tough. Predicting corrections co...
Where I'd Put $10,000 Right Now - My Best Dividend Picks For Income And Growth
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Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our vi...
ONEOK: Top Of The Food-Chain Energy Pick For 2025
ONEOK Inc. is a top pick for 2025 due to its stellar margins, strategic acquisitions, and strong capital allocation frameworks benefiting long-term shareholders. OKE's recent acquisitions of EnLink an...
ONEOK and MPLX Add NGL Export Capacity With Joint Venture, Pipeline
Midstream companies are focused on natural gas liquid (NGL) growth opportunities. ONEOK (OKE) and MPLX LP (MPLX) are the latest names to tap growth opportunities around NGLs.
ONEOK and MPLX to build LPG export terminal, pipeline in Texas
Pipeline operator ONEOK and midstream company MPLX LP entered into a joint venture on Tuesday to construct a 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas at a to...
ONEOK Announces Joint Ventures with MPLX to Build LPG Export Terminal at Premier Location on U.S. Gulf Coast
Expands and Extends Integrated NGL Value Chain TULSA, Okla. , Feb. 4, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) and MPLX LP (NYSE: MPLX) have entered into definitive agreements to form joint ventur...
Marathon Petroleum Corp. Reports Fourth-Quarter 2024 Results and 2025 Capital Outlook
FINDLAY, Ohio , Feb. 4, 2025 /PRNewswire/ -- Fourth -quarter net income attributable to MPC of $371 million, or $1.15 per diluted share; adjusted net income of $249 million, or $0.77 per adjusted dilu...
ONEOK Announces Completion of Strategic EnLink Midstream Acquisition
Transaction Strengthens ONEOK's Integrated Value Chain and Further Diversifies Platform TULSA, Okla. , Jan. 31, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) today announced that it has complet...
EnLink Unitholders Approve ONEOK Acquisition of Remaining Public Units
Transaction Expected to Close on Jan. 31, 2025 TULSA, Okla. , Jan. 30, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that EnL...