ONEOK Company Profile (NYSE:OKE)

About ONEOK (NYSE:OKE)

ONEOK logoONEOK, Inc. is the sole general partner of ONEOK Partners, L.P. (ONEOK Partners), a master limited partnership engaged in the gathering, processing, storage and transportation of natural gas in the United States. The Company operates through three business segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides midstream services to contracted producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs), and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region. ONEOK Partners provides exploration and production companies with gathering and processing services that allow them to move their raw (unprocessed) natural gas to market.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Symbol: NYSE:OKE
  • CUSIP: 68268010
  • Web: www.oneok.com
Capitalization:
  • Market Cap: $10.9 billion
  • Outstanding Shares: 210,909,000
Average Prices:
  • 50 Day Moving Avg: $52.78
  • 200 Day Moving Avg: $54.32
  • 52 Week Range: $41.88 - $59.47
P/E:
  • Trailing P/E Ratio: 30.84
  • Foreward P/E Ratio: 24.96
  • P/E Growth: 1.07
Sales & Book Value:
  • Annual Revenue: $9.9 billion
  • Price / Sales: 1.10
  • Book Value: $1.13 per share
  • Price / Book: 45.72
Dividend:
  • Annual Dividend: $2.46
  • Dividend Yield: 4.8%
Profitability:
  • EBIDTA: $1.68 billion
  • Net Margins: 3.50%
  • Return on Equity: 9.99%
  • Return on Assets: 2.28%
Debt:
  • Debt-to-Equity Ratio: 2.42%
  • Current Ratio: 0.58%
  • Quick Ratio: 0.46%
Misc:
  • Average Volume: 2.73 million shs.
  • Beta: 1.19
  • Short Ratio: 7.77
 

Frequently Asked Questions for ONEOK (NYSE:OKE)

What is ONEOK's stock symbol?

ONEOK trades on the New York Stock Exchange (NYSE) under the ticker symbol "OKE."

How often does ONEOK pay dividends? What is the dividend yield for ONEOK?

ONEOK announced a quarterly dividend on Thursday, April 20th. Stockholders of record on Monday, May 1st will be paid a dividend of $0.615 per share on Monday, May 15th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date of this dividend is Thursday, April 27th. View ONEOK's Dividend History.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) posted its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.04. The firm earned $2.75 billion during the quarter, compared to analyst estimates of $2.82 billion. ONEOK had a return on equity of 9.99% and a net margin of 3.50%. View ONEOK's Earnings History.

Where is ONEOK's stock going? Where will ONEOK's stock price be in 2017?

11 brokerages have issued 1-year price objectives for ONEOK's stock. Their forecasts range from $50.00 to $63.00. On average, they anticipate ONEOK's stock price to reach $56.30 in the next twelve months. View Analyst Ratings for ONEOK.

What are analysts saying about ONEOK stock?

Here are some recent quotes from research analysts about ONEOK stock:

  • 1. According to Zacks Investment Research, "ONEOK’s primary growth vehicle is ONEOK Partners, given the steady rise in distribution at the partnership. Further, the company expects to benefit from its efforts to develop new projects through ONEOK Partners. This offers opportunities to the company to grow its long-term fee-based earnings. ONEOK’s proactive approach to reduce capital spending and operating costs will strengthen its financial health and boost performance. Thanks to the positive developments, the current rate of return from the company’s share is higher compared with the return from the broader industry in the last one year. However, apart from the persistent softness in commodity prices, strict regulations and intensifying competition in midstream energy services are the major concerns for the company. Further, rising debt levels pose risks to the company." (4/4/2017)
  • 2. Jefferies Group LLC analysts commented, "We have updated our OKE model to reflect the pending OKS acquisition; the deal will create a ~$14B basis step-up, shielding OKE from Fed cash taxes through ~2021 & permitting accelerated dividend growth. These have positive valuation effects & shares have lagged the AMZ by ~10% since our Jan downgrade so we lift our PT to $51 & upgrade to Hold; however, we note OKE's lofty EBITDA multiple & remain below the mid-point of mgmt's 2017 guidance." (2/23/2017)

Are investors shorting ONEOK?

ONEOK saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 22,562,107 shares, an increase of 14.1% from the March 31st total of 19,773,430 shares. Based on an average daily trading volume, of 2,189,327 shares, the days-to-cover ratio is currently 10.3 days. Currently, 10.8% of the company's shares are short sold.

Who are some of ONEOK's key competitors?

Who owns ONEOK stock?

ONEOK's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.01%), BlackRock Inc. (8.87%), State Street Corp (5.37%), Neuberger Berman Group LLC (4.07%), Bank of New York Mellon Corp (2.59%) and Kayne Anderson Capital Advisors LP (1.78%). Company insiders that own ONEOK stock include Brian L Derksen, Sheppard F Miers III and Walter S Hulse III. View Institutional Ownership Trends for ONEOK.

Who sold ONEOK stock? Who is selling ONEOK stock?

ONEOK's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Jennison Associates LLC, First Trust Advisors LP, Miller Howard Investments Inc. NY, Sasco Capital Inc. CT, Advisors Capital Management LLC, AQR Capital Management LLC and Gotham Asset Management LLC. View Insider Buying and Selling for ONEOK.

Who bought ONEOK stock? Who is buying ONEOK stock?

ONEOK's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Janus Capital Management LLC, Neuberger Berman Group LLC, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Vanguard Group Inc. and Bank of New York Mellon Corp. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen and Walter S Hulse III. View Insider Buying and Selling for ONEOK.

How do I buy ONEOK stock?

Shares of ONEOK can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of ONEOK stock cost?

One share of ONEOK stock can currently be purchased for approximately $51.66.

Analyst Ratings

Consensus Ratings for ONEOK (NYSE:OKE) (?)
Ratings Breakdown: 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $56.30 (8.98% upside)

Analysts' Ratings History for ONEOK (NYSE:OKE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017Royal Bank of CanadaReiterated RatingHold$58.00MediumView Rating Details
4/17/2017GuggenheimInitiated CoverageBuy$62.00LowView Rating Details
4/17/2017BMO Capital MarketsReiterated RatingHold$53.00LowView Rating Details
3/31/2017Jefferies Group LLCReiterated RatingHold$51.00MediumView Rating Details
2/4/2017Piper Jaffray CompaniesUpgradeBuy$63.00N/AView Rating Details
2/2/2017Credit Suisse Group AGUpgradeNeutral -> Outperform$63.00N/AView Rating Details
1/25/2017Citigroup IncDowngradeBuy -> NeutralN/AView Rating Details
12/13/2016Barclays PLCDowngradeOverweight -> Equal Weight$49.00 -> $58.00N/AView Rating Details
10/10/2016Deutsche Bank AGUpgradeSell -> Hold$49.00 -> $52.00N/AView Rating Details
10/4/2016Morgan StanleyDowngradeOverweight -> Equal Weight$48.00 -> $50.00N/AView Rating Details
6/17/2016ArgusDowngradeBuy -> HoldN/AView Rating Details
5/18/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
5/5/2016Goldman Sachs Group IncBoost Price TargetNeutral$28.00 -> $32.00N/AView Rating Details
4/2/2016SimmonsInitiated CoverageHoldN/AView Rating Details
2/8/2016Robert W. BairdDowngradeOutperform -> Neutral$28.00 -> $24.00N/AView Rating Details
1/22/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for ONEOK (NYSE:OKE)
Earnings by Quarter for ONEOK (NYSE:OKE)
Earnings History by Quarter for ONEOK (NYSE:OKE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.45$0.41$2.82 billion$2.75 billionViewListenView Earnings Details
2/27/2017Q416$0.46$0.43$2.51 billion$2.65 billionViewN/AView Earnings Details
11/1/2016Q316$0.45$0.43$2.08 billion$2.36 billionViewN/AView Earnings Details
8/2/2016Q216$0.43$0.40$2.06 billion$2.13 billionViewN/AView Earnings Details
5/3/2016Q116$0.41$0.40$1.95 billion$1.77 billionViewN/AView Earnings Details
2/22/2016Q415$0.48$0.12$2.29 billion$1.93 billionViewListenView Earnings Details
11/3/2015Q315$0.40$0.41$2.46 billion$1.90 billionViewListenView Earnings Details
8/4/2015Q215$0.35$0.36$2.60 billion$2.13 billionViewListenView Earnings Details
5/5/2015Q115$0.36$0.29$2.71 billion$1.81 billionViewListenView Earnings Details
2/23/2015Q4 14$0.35$0.35$3.41 billion$2.84 billionViewListenView Earnings Details
11/4/2014Q314$0.63$0.40$3.71 billion$3.12 billionViewN/AView Earnings Details
8/5/2014Q214$0.36$0.33$3.46 billion$3.07 billionViewListenView Earnings Details
5/6/2014Q214$0.38$0.45$3.40 billion$3.16 billionViewListenView Earnings Details
2/24/2014Q114$0.68$0.43$4.01 billionViewN/AView Earnings Details
11/5/2013Q413$0.29$0.35$3.60 billionViewN/AView Earnings Details
7/30/2013Q2 2013$0.28$0.34$3.27 billionViewN/AView Earnings Details
4/30/2013Q1 2013$0.60$0.54$3.75 billionViewN/AView Earnings Details
2/25/2013Q4 2012$0.46$0.53$3.31 billionViewN/AView Earnings Details
10/30/2012$0.32$0.31ViewN/AView Earnings Details
7/31/2012$0.33$0.29ViewN/AView Earnings Details
5/1/2012$1.35$1.16ViewN/AView Earnings Details
11/1/2011$0.55$0.57ViewN/AView Earnings Details
8/2/2011$0.54$0.51ViewN/AView Earnings Details
5/3/2011$1.32$1.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ONEOK (NYSE:OKE)
2017 EPS Consensus Estimate: $2.15
2018 EPS Consensus Estimate: $2.61
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.36$0.76$0.56
Q2 20172$0.33$0.42$0.38
Q3 20172$0.44$0.75$0.60
Q4 20172$0.45$0.78$0.62
Q1 20182$0.44$0.82$0.63
Q2 20182$0.45$0.82$0.64
Q3 20182$0.47$0.84$0.66
Q4 20182$0.50$0.88$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ONEOK (NYSE:OKE)
Most Recent Dividend:5/15/2017
Annual Dividend:$2.46
Dividend Yield:4.76%
Dividend Growth:18.50% (3 Year Average)
Payout Ratio:182.22% (Trailing 12 Months of Earnings)
118.84% (Based on This Year's Estimates)
118.84% (Based on Next Year's Estimates)
Track Record:14 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for ONEOK (NYSE:OKE)

Dividend History by Quarter for ONEOK (NYSE:OKE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/20/2017quarterly$0.624.6%4/27/20175/1/20175/15/2017
1/18/2017quarterly$0.624.4%1/26/20171/30/20172/14/2017
10/19/2016quarterly$0.624.83%10/27/201610/31/201611/14/2016
7/28/2016quarterly$0.625.49%8/4/20168/15/20168/14/2016
4/21/2016quarterly$0.626.87%4/28/20165/2/20165/13/2016
1/21/2016quarterly$0.629.8%1/28/20162/1/20162/12/2016
10/21/2015quarterly$0.626.71%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.616.42%7/30/20158/3/20158/14/2015
4/16/2015quarterly$0.614.88%4/28/20154/30/20155/15/2015
1/14/2015quarterly$0.615.72%1/28/20151/30/20152/13/2015
10/22/2014quarterly$0.593.9%10/30/201411/3/201411/14/2014
7/23/2014quarterly$0.583.39%7/31/20148/4/20148/14/2014
4/17/2014quarterly$0.563.63%4/28/20144/30/20145/15/2014
1/15/2014quarterly$0.402.4%2/6/20142/10/20142/18/2014
10/23/2013quarterly$0.382.7%10/31/201311/4/201311/14/2013
7/24/2013quarterly$0.382.83%8/1/20138/5/20138/15/2013
4/18/2013quarterly$0.362.8%4/26/20134/30/20135/15/2013
1/16/2013quarterly$0.363.1%1/29/20131/31/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ONEOK (NYSE:OKE)
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 72.13%
Insider Trades by Quarter for ONEOK (NYSE:OKE)
Institutional Ownership by Quarter for ONEOK (NYSE:OKE)
Insider Trades by Quarter for ONEOK (NYSE:OKE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/17/2016Brian L DerksenDirectorBuy1,800$30.33$54,594.00View SEC Filing  
3/4/2016Sheppard F Miers IIICAOSell3,900$27.51$107,289.00View SEC Filing  
12/24/2015Walter S Hulse IIIEVPBuy15,000$23.98$359,700.00View SEC Filing  
5/8/2015Eduardo A RodriguezDirectorSell3,700$44.74$165,538.00View SEC Filing  
3/19/2015Sheppard F Miers IIICAOSell3,000$46.84$140,520.00View SEC Filing  
5/21/2014Eduardo RodriguezDirectorSell1,900$63.51$120,669.00View SEC Filing  
5/19/2014Wesley John ChristensenSVPSell11,693$62.27$728,123.11View SEC Filing  
8/9/2013Eduardo RodriguezDirectorSell1,900$52.57$99,883.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ONEOK (NYSE:OKE)
Latest Headlines for ONEOK (NYSE:OKE)
Source:
DateHeadline
fool.com logoThese 3 Hated Dividend Stocks Are Buys
www.fool.com - May 25 at 9:13 AM
prnewswire.com logoONEOK President and Chief Executive Officer Provides Update at Annual Meeting ...
www.prnewswire.com - May 25 at 5:17 AM
finance.yahoo.com logoONEOK President and Chief Executive Officer Provides Update at Annual Meeting of Shareholders
finance.yahoo.com - May 24 at 7:13 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 23 at 8:22 PM
americanbankingnews.com logoONEOK's (OKE) Hold Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - May 13 at 11:32 AM
nasdaq.com logoArosa Capital Management LP Buys C&J Energy Services Inc, Parsley Energy Inc, Newfield ...
www.nasdaq.com - May 13 at 8:15 AM
americanbankingnews.com logo$0.47 Earnings Per Share Expected for ONEOK, Inc. (OKE) This Quarter
www.americanbankingnews.com - May 12 at 8:26 AM
fool.com logo3 Top Oil Stocks for May
www.fool.com - May 9 at 6:26 PM
nasdaq.com logoONEOK (OKE) Shares Cross 5% Yield Mark
www.nasdaq.com - May 5 at 7:18 PM
finance.yahoo.com logoEdited Transcript of OKE earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 7:18 PM
finance.yahoo.com logoNarrowed Margins Hurt Targa’s Logistics and Marketing Segment
finance.yahoo.com - May 5 at 7:18 PM
nasdaq.com logoONEOK (OKE) Shares Enter Oversold Territory
www.nasdaq.com - May 4 at 7:11 PM
finance.yahoo.com logoOil Stocks Plunge, Snap Looks Snappier; Time To Sell Apple? Or Hold Longer?
finance.yahoo.com - May 4 at 7:11 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 4 at 1:25 AM
americanbankingnews.com logoONEOK, Inc. (OKE) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - May 4 at 1:25 AM
finance.yahoo.com logoONEOK (OKE) Misses Q1 Earnings, Reaffirms 2017 Guidance
finance.yahoo.com - May 4 at 1:03 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for ONEOK (OKE) - Yahoo Finance
finance.yahoo.com - May 3 at 8:01 PM
finance.yahoo.com logoONEOK (OKE) Misses Q1 Earnings, Reaffirms 2017 Guidance - Yahoo Finance
finance.yahoo.com - May 3 at 8:01 PM
finance.yahoo.com logoWhere ONEOK Expects to Win—And What the Analysts Think
finance.yahoo.com - May 3 at 8:01 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Releases Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - May 3 at 7:12 PM
fool.com logoEverything Clicked for ONEOK, Inc. in Q1
www.fool.com - May 3 at 9:58 AM
marketbeat.com logoOneok misses Street 1Q forecasts
marketbeat.com - May 2 at 5:45 PM
americanbankingnews.com logoONEOK (OKE) Earns News Impact Rating of 0.06
www.americanbankingnews.com - May 2 at 5:06 PM
nasdaq.com logoONEOK Announces Higher First-quarter 2017 Financial Results
www.nasdaq.com - May 2 at 4:48 PM
finance.yahoo.com logoONEOK Partners Announces Higher First-quarter 2017 Financial Results
finance.yahoo.com - May 2 at 4:48 PM
finance.yahoo.com logoWhat Higher Short Interest in Oneok Indicates
finance.yahoo.com - May 2 at 11:13 AM
nasdaq.com logoTraders buy up ONEOK calls
www.nasdaq.com - May 1 at 5:56 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for ONEOK (OKE)
finance.yahoo.com - May 1 at 12:05 PM
americanbankingnews.com logoShort Interest in ONEOK, Inc. (OKE) Increases By 14.1%
www.americanbankingnews.com - April 30 at 10:32 AM
americanbankingnews.com logoONEOK (OKE) Given News Impact Rating of 0.08
www.americanbankingnews.com - April 29 at 3:15 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 29 at 1:25 AM
finance.yahoo.com logoIs a Beat in the Cards for ONEOK (OKE) in Q1 Earnings? - Yahoo Finance
finance.yahoo.com - April 29 at 1:04 AM
finance.yahoo.com logoONEOK, Inc. breached its 50 day moving average in a Bearish Manner : OKE-US : April 28, 2017
finance.yahoo.com - April 28 at 8:01 PM
finance.yahoo.com logoIs a Beat in the Cards for ONEOK (OKE) in Q1 Earnings?
finance.yahoo.com - April 28 at 8:40 AM
finance.yahoo.com logoONEOK, Inc. : OKE-US: Dividend Analysis : May 01st, 2017 (record date) : By the numbers : April 27, 2017
finance.yahoo.com - April 27 at 7:29 PM
finance.yahoo.com logoHow ONEOK Has Benefitted from Contract Restructuring Efforts
finance.yahoo.com - April 26 at 11:18 PM
americanbankingnews.com logoONEOK (OKE) Receiving Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 26 at 6:56 PM
nasdaq.com logoJune 16th Options Now Available For ONEOK (OKE) - Nasdaq
www.nasdaq.com - April 26 at 6:16 PM
nasdaq.com logoONEOK, Inc. (OKE) Ex-Dividend Date Scheduled for April 27, 2017 - Nasdaq
www.nasdaq.com - April 26 at 6:16 PM
finance.yahoo.com logoONEOK down 6% Year-to-Date ahead of 1Q17 Earnings
finance.yahoo.com - April 26 at 6:16 PM
finance.yahoo.com logoWill ONEOK Meet Higher 1Q17 Earnings Estimates?
finance.yahoo.com - April 25 at 6:13 PM
finance.yahoo.com logoLikely Drivers of ONEOK’s 1Q17 Earnings Growth
finance.yahoo.com - April 25 at 6:13 PM
finance.yahoo.com logoUnderstanding ONEOK’s Natural Gas Liquids Segment’s Earnings Mix
finance.yahoo.com - April 25 at 6:13 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Affect ONEOK (OKE) Stock Price
www.americanbankingnews.com - April 23 at 11:06 PM
americanbankingnews.com logo Analysts Anticipate ONEOK, Inc. (OKE) Will Announce Earnings of $0.46 Per Share
www.americanbankingnews.com - April 21 at 3:41 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Expected to Post FY2017 Earnings of $2.04 Per Share
www.americanbankingnews.com - April 21 at 1:13 PM
americanbankingnews.com logoONEOK, Inc. (OKE) Plans $0.62 Quarterly Dividend
www.americanbankingnews.com - April 20 at 5:02 PM
finance.yahoo.com logoONEOK, Inc. – Value Analysis (NYSE:OKE) : April 19, 2017
finance.yahoo.com - April 19 at 7:01 PM
finance.yahoo.com logoONEOK Underperformed the Energy Sector Last Week
finance.yahoo.com - April 19 at 10:06 AM
finance.yahoo.com logoONEOK Has Fallen 5% in 2017: What’s Ahead?
finance.yahoo.com - April 19 at 10:06 AM

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Chart

ONEOK (OKE) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff