ONEOK, Inc. (OKE)
Market Cap | 47.21B |
Revenue (ttm) | 17.68B |
Net Income (ttm) | 2.66B |
Shares Out | 583.16M |
EPS (ttm) | 5.48 |
PE Ratio | 14.77 |
Forward PE | 15.82 |
Dividend | $3.96 (4.89%) |
Ex-Dividend Date | Apr 30, 2024 |
Volume | 1,415,016 |
Open | 80.00 |
Previous Close | 80.35 |
Day's Range | 79.56 - 81.12 |
52-Week Range | 55.91 - 81.12 |
Beta | 1.63 |
Analysts | Buy |
Price Target | 81.64 (+0.85%) |
Earnings Date | Apr 30, 2024 |
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 16 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $81.64, which is an increase of 0.85% from the latest price.
News
ONEOK Declares Quarterly Dividend
TULSA, Okla. , April 18, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resultin...
ONEOK First Quarter 2024 Conference Call and Webcast Scheduled
TULSA, Okla. , March 28, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release first quarter 2024 earnings after the market closes on April 30, 2024.
ONEOK to Participate in J.P. Morgan Utilities & Midstream Forum
TULSA, Okla. , March 27, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the J.P.
ONEOK to Participate in Upcoming Investor Conferences
TULSA, Okla. , March 4, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the following investor conferences in March 2024: March 5: Morgan Stanley Energy and Power Conference.
ONEOK Schedules 2024 Annual Meeting of Shareholders; Sets Record Date
TULSA, Okla. , Feb. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will hold its 2024 annual meeting of shareholders at 9 a.m.
ONEOK Announces Higher Fourth Quarter and Full-year 2023 Earnings
Record Rocky Mountain Region Volumes Announces 2024 Financial Guidance TULSA, Okla. , Feb. 26, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher fourth quarter and full-year 2023 res...
ONEOK to Participate in U.S. Capital Advisors Midstream Corporate Access Day
TULSA, Okla. , Jan. 22, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the U.S. Capital Advisors Midstream Corporate Access Day on Jan. 23, 2024, in Houston.
ONEOK Fourth Quarter and Year-end 2023 Conference Call and Webcast Scheduled
TULSA, Okla. , Jan. 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release fourth quarter and year-end 2023 earnings after the market closes on Feb. 26, 2024.
ONEOK Increases Quarterly Dividend and Announces Share Repurchase Program
Raises Quarterly Dividend 3.7% Authorizes $2 Billion Share Repurchase Program Combination of Dividends and Share Repurchases to Target 75% to 85% of Cash Flow From Operations After Capital Expenditure...
ONEOK to Participate in UBS Global Energy and Utilities Winter Conference
TULSA, Okla., Jan. 8, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the UBS Global Energy and Utilities Winter Conference Jan. 9-10, 2024, in Park City, Utah.
Jenny Harrington's top dividend picks for 2024: OGN, NYCB, WHR, CWEN, OKE, CCI and STX
Jenny Harrington, Gilman Hill Asset Management CEO, discusses her top dividend picks for 2024.
ONEOK to Participate in Wells Fargo Midstream and Utilities Symposium
TULSA, Okla., Dec. 5, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the Wells Fargo Midstream and Utilities Symposium Dec. 6-7, 2023, in New York.
Enterprise and ONEOK Extend Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Crude Deliveries to the End of 2025
HOUSTON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that Enterprise Products Partners L.P. ...
ONEOK to Participate in BofA Securities Global Energy Conference
TULSA, Okla., Nov. 14, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the BofA Securities Global Energy Conference on Nov. 15, 2023, in Houston, Texas.
ONEOK Announces 5% Increase in Third Quarter 2023 Net Income and 11% Increase in Adjusted EBITDA Including Transaction Costs
Double-digit Growth in NGL and Natural Gas Processing Volumes Increases Financial Guidance for the Second Time in 2023 TULSA, Okla. , Oct. 31, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announ...
ONEOK Third Quarter 2023 Conference Call and Webcast Scheduled
TULSA, Okla., Oct. 4, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release third quarter 2023 earnings after the market closes on October 31, 2023.
Final Trades: Oneok, Walmart & more
The "Halftime Report" traders give their top picks to watch for the second half.
TortoiseEcofin Announces Revision of Timing of Constituent Changes Due to Corporate Action
LEAWOOD, KS / ACCESSWIRE / September 25, 2023 / TortoiseEcofin today announced a revision of timing of the removal of Magellan Midstream Partners, L.P. (NYSE:MMP) from the Tortoise MLP Index ® (TMLP),...
Lyndon C. Taylor Joins ONEOK As Executive Vice President, Chief Legal Counsel and Assistant Secretary
TULSA, Okla. , Sept. 25, 2023 /PRNewswire/ -- Lyndon C.
ONEOK Announces Board of Directors Changes
Lori A. Gobillot and Wayne T. Smith Join ONEOK Board of Directors TULSA, Okla.
ONEOK Announces Completion of Magellan Midstream Partners Acquisition
TULSA, Okla. , Sept. 25, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) today announced that it has completed its acquisition of Magellan Midstream Partners, L.P.
Magellan Midstream Unit Holders Back Deal With Oneok
The $19 billion transaction was was approved at a unit holder meeting Thursday, despite some investor opposition to the deal.
Magellan Midstream holders approve $18.8 billion sale to ONEOK
Magellan Midstream Partners' unitholders on Thursday voted in favour of the U.S. pipeline operator's planned sale to larger peer ONEOK Inc for $18.8 billion.
ONEOK Shareholders and Magellan Unitholders Approve Merger
Transaction to Close on September 25, 2023 TULSA, Okla. , Sept. 21, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and Magellan Midstream Partners, L.P.
Magellan Picks Up Support of Big Investor for Merger but Deal Outlook Remains Cloudy
ALPS Advisors, which runs a big ETF, backs Magellan's deal with Oneok but many retail investors oppose it. The vote is Thursday.