ONEOK, Inc. (OKE)
| Market Cap | 60.16B +29.3% |
| Revenue (ttm) | 39.37B +40.8% |
| Net Income | 3.66B +18.2% |
| EPS | 5.78 +13.0% |
| Shares Out | 630.37M |
| PE Ratio | 16.50 |
| Forward PE | 15.46 |
| Dividend | $4.28 (4.49%) |
| Ex-Dividend Date | Aug 3, 2026 |
| Volume | 3,419,948 |
| Open | 94.90 |
| Previous Close | 95.75 |
| Day's Range | 94.08 - 95.59 |
| 52-Week Range | 64.02 - 99.85 |
| Beta | 0.72 |
| Analysts | Buy |
| Price Target | 99.37 (+4.13%) |
| Earnings Date | Oct 27, 2026 |
About OKE
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in 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, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs. It also owns NGL... [Read more]
Financial Performance
In 2025, ONEOK's revenue was $33.63 billion, an increase of 54.99% compared to the previous year's $21.70 billion. Earnings were $3.39 billion, an increase of 11.83%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for OKE stock is "Buy." The 12-month stock price target is $99.37, which is an increase of 4.13% from the latest price.
News
Oneok price target raised to $108 from $97 at Citi
Citi raised the firm’s price target on Oneok (OKE) to $108 from $97 and keeps a Buy rating on the shares. The firm cites the Brazos Midland acquisition and financing…
Oneok price target raised to $104 from $93 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Oneok (OKE) to $104 from $93 and keeps a Hold rating on the shares. The company’s dual announcements of the…
Oneok price target raised to $105 from $95 at Jefferies
Jefferies raised the firm’s price target on Oneok (OKE) to $105 from $95 and keeps a Hold rating on the shares. The firm updated its analysis of Oneok’s deal with…
Oneok price target raised to $106 from $98 at Wells Fargo
Wells Fargo raised the firm’s price target on Oneok (OKE) to $106 from $98 and keeps an Overweight rating on the shares. While Brazos/Apollo is dilutive to the firm’s discounted…
Oneok price target raised to $95 from $89 at Scotiabank
Scotiabank raised the firm’s price target on Oneok (OKE) to $95 from $89 and keeps a Sector Perform rating on the shares. The firm is now more mixed on the…
Oneok price target raised to $106 from $95 at JPMorgan
JPMorgan raised the firm’s price target on Oneok (OKE) to $106 from $95 and keeps a Neutral rating on the shares following the acquisition of Brazos Midstream’s Permian Midland Basin.
ONEOK Transcript: M&A announcement
The acquisition of Brazos Midland Basin assets for $4.425B, funded by a $9B Apollo minority equity investment, will double processing capacity, deliver immediate accretion, and reduce leverage to 3.25x. The deal brings significant synergies, growth visibility, and preserves upside for shareholders.
ONEOK Slides: M&A announcement
ONEOK has posted slides in relation to its latest quarterly earnings report, which was published on August 31, 2026.
ONEOK Press release: M&A announcement
ONEOK issued a press release on August 31, 2026, disclosing material business information to investors.
ONEOK to Buy Brazos Midstream's Permian Assets for $4.43 Billion
ONEOK is set to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.43 billion, expanding its footprint in prolific American oil hub.
ONEOK to buy Brazos Midstream's Permian Midland Basin assets for $4.43 billion
ONEOK said on Sunday it has agreed to buy Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for around $4.43 billion, more than doubling the U.S. pipeline operator...
Oneok to acquire Brazos Midstream’s Permian Midland Basin for $4.425B
ONEOK (OKE) announced that it has executed a definitive agreement to acquire Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for total cash consideration of $4.425...
ONEOK Announces Cash Tender Offers in Connection with $5 Billion Debt Repayment Plan
TULSA, Okla., Aug. 30, 2026 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the commencement of cash tender offers ("Tender Offers") to purchase up to an aggregate principal amount that will n...
ONEOK to Acquire Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion
Acquisition Increases Momentum Toward the High End of ONEOK's Mid- to High- Single-Digit Adjusted EBITDA Growth Target Over the Next Five to Seven Years Expected to Be Immediately Accretive to Earning...
Oneok price target raised to $105 from $103 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Oneok (OKE) to $105 from $103 and keeps an Equal Weight rating on the shares.
Oneok price target raised to $98 from $96 at BofA
BofA raised the firm’s price target on Oneok (OKE) to $98 from $96 and keeps a Buy rating on the shares after updating the firm’s model for Q2 results and…
ONEOK Slides: Investor presentation
ONEOK has posted slides in relation to its latest quarterly earnings report, which was published on August 12, 2026.
ONEOK Releases Annual Corporate Sustainability Report
TULSA, Okla., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ONEOK, Inc. (NYSE: OKE) today announced the release of its annual Corporate Sustainability Report.
Oneok upgraded to Buy from Hold at Freedom Broker
Freedom Broker upgraded Oneok (OKE) to Buy from Hold with a price target of $105, up from $102. The company reported strong Q2 results with declining net debt, the analyst…
ONEOK Earnings Call Transcript: Q2 2026
Raised 2026 guidance again after strong Q2, with record NGL volumes and robust demand across all segments. Major projects are advancing, CapEx is accelerating, and deferred tax benefits boost free cash flow. Mid to high single-digit EBITDA growth is targeted over the next 5–7 years.
ONEOK Earnings release: Q2 2026
ONEOK released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
ONEOK Slides: Q2 2026
ONEOK has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
ONEOK Quarterly report: Q2 2026
ONEOK has published its Q2 2026 quarterly earnings report on August 4, 2026.
ONEOK boosts 2026 forecast as higher NGL volumes boost quarterly profit
U.S. pipeline operator ONEOK on Monday raised its 2026 earnings forecast for the second time this year, banking on record natural gas liquids raw feed throughput volumes.