ONEOK, Inc. (OKE)

NYSE: OKE · IEX Real-Time Price · USD
79.45
+1.57 (2.02%)
Apr 19, 2024, 12:43 PM EDT - Market open
2.02%
Market Cap 46.36B
Revenue (ttm) 17.68B
Net Income (ttm) 2.66B
Shares Out 583.16M
EPS (ttm) 5.48
PE Ratio 14.26
Forward PE 15.28
Dividend $3.96 (4.98%)
Ex-Dividend Date Apr 30, 2024
Volume 1,093,481
Open 78.10
Previous Close 77.88
Day's Range 77.92 - 79.68
52-Week Range 55.91 - 80.81
Beta 1.63
Analysts Buy
Price Target 81.64 (+2.76%)
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]

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 16 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $81.64, which is an increase of 2.76% from the latest price.

Price Target
$81.64
(2.76% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

20 hours 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.

21 days 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.

22 days 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.

6 weeks 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.

7 weeks 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...

7 weeks 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.

3 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.

3 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...

3 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.

3 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
4 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.

4 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
4 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.

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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.

7 months ago - PRNewsWire

Final Trades: Oneok, Walmart & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: WMTCOSTFANG
7 months ago - CNBC Television

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),...

7 months ago - Accesswire

Lyndon C. Taylor Joins ONEOK As Executive Vice President, Chief Legal Counsel and Assistant Secretary

TULSA, Okla. , Sept. 25, 2023 /PRNewswire/ -- Lyndon C.

7 months ago - PRNewsWire

ONEOK Announces Board of Directors Changes

Lori A. Gobillot and Wayne T. Smith Join ONEOK Board of Directors TULSA, Okla.

7 months ago - PRNewsWire

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.

7 months ago - PRNewsWire

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.

7 months ago - Barrons

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.

7 months ago - Reuters

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.

7 months ago - PRNewsWire

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.

7 months ago - Barrons