ONEOK, Inc. (OKE)
Market Cap | 54.75B |
Revenue (ttm) | 19.10B |
Net Income (ttm) | 2.56B |
Shares Out | 584.07M |
EPS (ttm) | 4.62 |
PE Ratio | 20.32 |
Forward PE | 16.98 |
Dividend | $3.96 (4.22%) |
Ex-Dividend Date | Aug 1, 2024 |
Volume | 838,592 |
Open | 94.57 |
Previous Close | 94.84 |
Day's Range | 92.95 - 94.57 |
52-Week Range | 63.33 - 96.05 |
Beta | 1.63 |
Analysts | Buy |
Price Target | 92.14 (-1.7%) |
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 16 analysts, the average rating for OKE stock is "Buy." The 12-month stock price forecast is $92.14, which is a decrease of -1.70% from the latest price.
News
Midstream Energy - Relative Quality
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I'd avoid Exxon, Chevron stocks and buy OKE and WMB instead
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ONEOK Vs. Williams Companies: Which High-Yield Is The Better Buy?
OKE and WMB have been very strong performers and dividend growers. We compare them side-by-side based on their current fundamentals and forward outlooks. We share our view on which is the better buy t...
ONEOK Third Quarter 2024 Conference Call and Webcast Scheduled
TULSA, Okla. , Sept. 26, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release third quarter 2024 earnings after the market closes on Oct. 29, 2024.
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ONEOK Announces $7.0 Billion Notes Offering
TULSA, Okla. , Sept. 10, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $7.0 billion of senior notes, consisting of: $1.25 billion of 3-year senior...
ONEOK to Participate in Barclays CEO Energy-Power Conference
TULSA, Okla. , Sept. 3, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the Barclays CEO Energy-Power Conference Sept.
ONEOK to buy Medallion, GIP's stake in EnLink in $5.9 bln deal
Oneok Inc said on Wednesday that it would acquire Medallion and GIP's entire stake in EnLink Midstream in a deal valued at $5.9 billion.
ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion
Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital al...
Pipeline Payday: Buying 4.5%-Yielding ONEOK Before It's Too Late
The Federal Reserve's potential rate cuts could drive a rotation of capital towards high-quality dividend stocks, benefiting income-generating assets like ONEOK, Inc. ONEOK offers a compelling mix of ...
ONEOK to Participate in Citi Midstream and New Energy Infrastructure Conference
TULSA, Okla., Aug. 12, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in investor meetings at the Citi Midstream and New Energy Infrastructure Conference, Aug. 13-14, 2024, in Las Vegas...
ONEOK Inc (OKE) Q2 2024 Earnings Call Transcript
ONEOK Inc (NYSE:OKE) Q2 2024 Results Conference Call August 6, 2024 2:00 AM ET Company Participants Andrew Ziola - Vice President of Investor Relations Pierce Norton - President, CEO & Director Walte...
ONEOK Announces Higher Second Quarter 2024 Earnings; Affirms 2024 Financial Guidance
Record Rocky Mountain Region Volumes TULSA, Okla. , Aug. 5, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher second quarter 2024 results and affirmed full-year 2024 financial guidan...
ONEOK Issues Annual Corporate Sustainability Report
TULSA, Okla. , Aug. 1, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the release of its annual Corporate Sustainability Report highlighting the company's progress and commitment toward ...
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Winning With Trump: My Top Dividend Picks For Your Portfolio
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ONEOK Announces Refined Products Pipeline Expansion to the Greater Denver Area
Includes Expanded Connectivity with Denver International Airport TULSA, Okla. , July 18, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced plans to expand its pipeline capacity connecting M...
ONEOK Declares Quarterly Dividend
TULSA, Okla. , July 17, 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...
Pipeline Profits: Why 4.7%-Yielding ONEOK Is Gushing With Potential
Natural gas infrastructure investment is a profitable opportunity in the green transition. ONEOK, Inc. stands out with its massive pipeline network, fee-based revenue model, and strong financial healt...
‘Crash proof' your portfolio with these 10 stocks and 3 ETFs
You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.
ONEOK Second Quarter 2024 Conference Call and Webcast Scheduled
TULSA, Okla., July 8, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release second quarter 2024 earnings after the market closes on Aug. 5, 2024.
Energy Stocks: Winners And Losers At The Beginning Of H2 2024
The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weig...
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.