ONEOK, Inc. (OKE)

NYSE: OKE · IEX Real-Time Price · USD
82.33
+0.61 (0.75%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.75%
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]

Sector Energy
Founded 1906
Employees 4,775
Stock Exchange NYSE
Ticker Symbol OKE
Full Company Profile

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 Statements

Analyst 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.

Price Target
$83.85
(1.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

14 days ago - PRNewsWire

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.

15 days ago - PRNewsWire

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 ...

15 days ago - PRNewsWire

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.

5 weeks ago - PRNewsWire

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.

Other symbols: KMITPYPXOM
6 weeks ago - Barrons

6 Dividend Stocks With Yields Higher Than the 10-Year Treasury

It's no secret that high interest rates are a headwind for dividend-paying stocks, but some are worth considering.

Other symbols: CFGDHASMOWMB
6 weeks ago - Barrons

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.

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - Business Wire

Final Trades: Crowdstrike, ONEOK and Leidos Holdings

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: CRWDLDOS
2 months ago - CNBC Television

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

6 months ago - PRNewsWire

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.

Other symbols: CCICWENNYCBOGNSTXWHR
7 months ago - CNBC Television

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.

7 months ago - PRNewsWire

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. ...

Other symbols: EPDICE
7 months ago - Business Wire

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.

8 months ago - PRNewsWire