ONEOK, Inc. (OKE)
| Market Cap | 56.77B |
| Revenue (ttm) | 19.93B |
| Net Income (ttm) | 2.80B |
| Shares Out | 584.25M |
| EPS (ttm) | 4.78 |
| PE Ratio | 20.34 |
| Forward PE | 16.01 |
| Dividend | $4.12 (4.24%) |
| Ex-Dividend Date | Feb 3, 2025 |
| Volume | 4,194,170 |
| Open | 99.95 |
| Previous Close | 99.87 |
| Day's Range | 96.82 - 101.45 |
| 52-Week Range | 67.05 - 118.07 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 102.86 (+5.86%) |
| Earnings Date | Feb 24, 2025 |
About OKE
ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through 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 and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL gathering and distribution pipelines in Okl... [Read more]
Financial Performance
In 2023, ONEOK's revenue was $17.68 billion, a decrease of -21.04% compared to the previous year's $22.39 billion. Earnings were $2.66 billion, an increase of 54.45%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $102.86, which is an increase of 5.86% from the latest price.
News
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...
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ONEOK Increases Quarterly Dividend 4%
TULSA, Okla. , Jan. 22, 2025 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased its quarterly dividend to $1.03 per share, an increase of 4%.
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend EnLink Unitholders Vote "FOR" Pending ONEOK Acquisition
TULSA, Okla. , Jan. 22, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that the two leading independent proxy advisory firms, ...
ONEOK Fourth Quarter and Year-end 2024 Conference Call and Webcast Scheduled
TULSA, Okla. , Jan. 21, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release fourth quarter and year-end 2024 earnings after the market closes on Feb. 24, 2025.
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ONEOK: After Appreciating More Than 40% There Is Still Value To Be Unlocked
The midstream sector had a lucrative 2024, driven by increased energy demand, making ONEOK Inc (OKE) a valuable investment with significant growth potential. OKE's strategic acquisitions, including En...
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ONEOK Announces Two New Executive Leadership Appointments
TULSA, Okla. , Jan. 6, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced two executive leadership appointments, both of which are effective immediately.
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ONEOK Closes Sale of Wholly Owned Interstate Natural Gas Pipelines
Guardian, Midwestern and Viking Gas Transmission Pipelines Sold to DT Midstream for $1.2 Billion TULSA, Okla. , Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has closed...
Definitive Proxy Statement Filed in Connection with ONEOK's Pending Acquisition of the Remaining Publicly Held Common Units of EnLink Midstream
Special Meeting of EnLink Unitholders Set for Jan. 30, 2025 EnLink's Board of Directors Recommends Unitholders Vote "FOR" All Proposals at the Special Meeting ONEOK Will Vote its EnLink Units "FOR" Al...
ONEOK: A Solid Midstream Play
ONEOK is a strong buy due to reliable EBITDA growth and business expansion. The acquisition of Magellan Midstream Partners in 2023 significantly expanded ONEOK's pipeline network, enhancing its cash f...
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ONEOK to Participate in Investor Conference
TULSA, Okla., Dec. 9, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in an investor conference this week and in a fireside chat session at 11 a.m.
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ONEOK Announces Completion of NGL Fractionation and Pipeline Expansion Projects
Includes MB-6 NGL Fractionator and Full Looping of the West Texas NGL Pipeline TULSA, Okla. , Dec. 4, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the completion of MB-6, a 125,000-bar...
ONEOK: Benefitting From Recent Acquisitions
Consolidation continues full steam in the US midstream space. ONEOK recently acquired Medallion Midstream and a 43% share of EnLink Midstream. The final 57% share in EnLink will be purchased in a tax-...
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ONEOK Finishes The Job In Picking Up EnLink Midstream
ONEOK's stock dropped 5% after announcing a $4.3 billion all-stock acquisition of the remaining 57% of EnLink Midstream, a move anticipated by the market. Despite recent gains, ONEOK still warrants a ...
