ONEOK, Inc. (OKE)
| Market Cap | 58.47B |
| Revenue (ttm) | 19.93B |
| Net Income (ttm) | 2.80B |
| Shares Out | 584.18M |
| EPS (ttm) | 4.78 |
| PE Ratio | 20.95 |
| Forward PE | 16.25 |
| Dividend | $3.96 (3.96%) |
| Ex-Dividend Date | Nov 1, 2024 |
| Volume | 3,293,840 |
| Open | 97.70 |
| Previous Close | 97.66 |
| Day's Range | 97.22 - 100.52 |
| 52-Week Range | 67.05 - 118.07 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 101.14 (+1.06%) |
| Earnings Date | Oct 29, 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 $101.14, which is an increase of 1.06% from the latest price.
News
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.
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Buying No-Brainer Dividends For The 'Best Four Years Ever'
Scott Bessent's predictions for a Trump presidency suggest economic growth, driven by tariffs as a threat, energy expansion, and manufacturing revival. Trump's second term may focus on broad economic ...
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-...
My Favorite Dividend Stocks For The 'New World Order'
I explore the evolving “New World Order,” focusing on geopolitical changes and the U.S.'s strategic responses. This impacts global markets profoundly. Trump's pick for Treasury Secretary, Scott Bessen...
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 ...
Oneok to Acquire EnLink Midstream in $4.3 Billion Stock Deal
Oneok shares will be used to acquire all of the outstanding publicly held units of EnLink Midstream for $4.3 billion.
Oneok to acquire remaining units of Enlink in $4.3 billion deal
Pipeline operator ONEOK said on Sunday it would acquire all of the remaining publicly held units of Enlink for $4.3 billion in ONEOK common stock.
ONEOK Announces Agreement to Acquire Remaining Publicly Held Common Units in EnLink Midstream in a Tax-Free Transaction
Consideration of 0.1412 shares of ONEOK common stock for each outstanding publicly held EnLink common unit TULSA, Okla. , Nov. 24, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Mi...
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, ...
DT Midstream to buy three natgas pipelines from ONEOK for $1.2 bln
Pipeline operator DT Midstream said on Tuesday it would acquire a portfolio of three natural gas transmission pipelines from ONEOK for $1.2 billion in cash.
ONEOK Announces Agreement to Sell Wholly Owned Interstate Natural Gas Pipelines to DT Midstream
Assets to be Sold Include Guardian, Midwestern and Viking Gas Transmission TULSA, Okla. , Nov. 19, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") today announced that it has executed a definit...
ONEOK Foundation Donates $100,000 to Wildfire Disaster Relief Program
North Dakota Wildfire Devastates Approximately 126,000 Acres; ONEOK Foundation Contributes to Relief for Impacted Cattle Producers TULSA, Okla. , Nov. 19, 2024 /PRNewswire/ -- The ONEOK Foundation don...
ONEOK to Participate in BofA Securities Global Energy Conference
TULSA, Okla. , Nov. 12, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the BofA Securities Global Energy Conference on Nov. 13, 2024, in Houston.
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
ONEOK: Where Dividends Flow Like Oil - A 4.2% Yield You Can't Miss
ONEOK stands out in the S&P 500 dividend space with a 4.2% yield, consistent dividend history, and >10% annual EPS growth. The company's narrow-moat business model and essential pipeline infrastructur...
ONEOK Announces Closing of Medallion Midstream Acquisition
Completes Acquisition of the Largest Privately Held Crude Oil Gathering and Transportation System in the Permian's Midland Basin TULSA, Okla. , Oct. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) to...
ONEOK, Inc. (OKE) Q3 2024 Earnings Call Transcript
ONEOK, Inc. (NYSE:OKE) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Andrew Ziola - Vice President of Investor Relations Pierce Norton - President and Chief Execu...
ONEOK Announces Higher Third Quarter 2024 Earnings; Increases 2024 Financial Guidance
Increases Financial Guidance for the Second Time in 2024 TULSA, Okla. , Oct. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher third quarter 2024 results and provided 2024 financ...
Very Good News For Big Dividend Infrastructure Stocks
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Wakeup Call - It's Time To Buy High-Yield Dividends
The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are b...
ONEOK Declares Quarterly Dividend
TULSA, Okla. , Oct. 16, 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, resulting...