ONEOK, Inc. (OKE)
Market Cap | 48.05B |
Revenue (ttm) | 17.94B |
Net Income (ttm) | 2.25B |
Shares Out | 583.65M |
EPS (ttm) | 4.24 |
PE Ratio | 19.42 |
Forward PE | 15.44 |
Dividend | $3.96 (4.81%) |
Ex-Dividend Date | Apr 30, 2024 |
Volume | 1,820,162 |
Open | 82.34 |
Previous Close | 81.72 |
Day's Range | 81.73 - 82.66 |
52-Week Range | 60.52 - 83.31 |
Beta | 1.62 |
Analysts | Buy |
Price Target | 83.85 (+1.85%) |
Earnings Date | Aug 5, 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 15 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $83.85, which is an increase of 1.85% from the latest price.
News
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Magellan Midstream's 2023 Schedule K-3 Now Available
TULSA, Okla. , June 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that the 2023 Schedule K-3s for Magellan Midstream Partners, L.P.
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ONEOK to Participate in J.P. Morgan Energy, Power and Renewables Conference
TULSA, Okla., June 17, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the J.P.
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ONEOK Completes Acquisition of Gulf Coast NGL System
Latest Acquisition Accelerates Commercial Synergies for ONEOK TULSA, Okla. , June 17, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has completed its acquisition of a system of ...
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ONEOK to Participate in Bernstein Strategic Decisions Conference
TULSA, Okla. , May 28, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the Bernstein Strategic Decisions Conference May 29-30, 2024, in New York.
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The AI Boom Is Powering Gas-Pipeline Stocks
Shares of leading natural-gas-pipeline firms Kinder Morgan, Williams, Enbridge, and Oneok are surging based on expectations that data centers will ramp up electricity consumption.
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ONEOK to Participate in Citi Energy and Climate Technology Conference
TULSA, Okla. , May 13, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the Citi Energy and Climate Technology Conference on May 14, 2024, in Boston.
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ONEOK to Acquire Strategic Gulf Coast NGL Pipelines for $280 million
Accelerates Commercial Synergies From Magellan Acquisition TULSA, Okla. , May 13, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has agreed to acquire a system of natural gas liq...
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Easton Energy Enters Agreement to Sell its Gulf Coast Liquids Pipeline System
HOUSTON--(BUSINESS WIRE)--Easton Energy has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK, Inc. (NYSE: OKE) for approximately $280 million.
Final Trades: Crowdstrike, ONEOK and Leidos Holdings
The Investment Committee gives you their top stocks to watch for the second half.
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ONEOK Announces First Quarter 2024 Earnings; Increases 2024 Financial Guidance
Higher Year-Over-Year Rocky Mountain Region Volumes Volume Momentum Contributes to Higher 2024 Financial Expectations TULSA, Okla. , April 30, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announ...
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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...
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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.
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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.
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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.
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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.
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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...
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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.
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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.
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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...
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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.
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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.
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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. ...
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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.