ONEOK Company Profile (NYSE:OKE)

About ONEOK

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 non-discretionary services to producers that include gathering and processing of natural gas produced from crude oil and natural gas wells. 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. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: OKE
  • CUSIP: 68268010
Key Metrics:
  • Previous Close: $54.64
  • 50 Day Moving Average: $55.51
  • 200 Day Moving Average: $52.05
  • 52-Week Range: $20.50 - $59.47
  • Trailing P/E Ratio: 40.35
  • Foreward P/E Ratio: 28.61
  • P/E Growth: 6.30
  • Market Cap: $11.50B
  • Outstanding Shares: 210,521,000
  • Beta: 1.19
Profitability:
  • 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%
Additional Links:
Companies Related to ONEOK:

Analyst Ratings

Consensus Ratings for ONEOK (NYSE:OKE) (?)
Ratings Breakdown: 12 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $50.64 (7.33% downside)

Analysts' Ratings History for ONEOK (NYSE:OKE)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Jefferies Group LLCUpgradeUnderperform -> Hold$14.00 -> $51.00View Rating Details
2/8/2017RBC Capital MarketsReiterated RatingHold$60.00View Rating Details
2/4/2017Piper Jaffray CompaniesUpgradeBuy$63.00View Rating Details
2/2/2017Credit Suisse GroupUpgradeNeutral -> Outperform$63.00View Rating Details
1/25/2017Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
12/13/2016Barclays PLCDowngradeOverweight -> Equal Weight$49.00 -> $58.00View Rating Details
10/10/2016Deutsche Bank AGUpgradeSell -> Hold$49.00 -> $52.00View Rating Details
10/4/2016Morgan StanleyDowngradeOverweight -> Equal Weight$48.00 -> $50.00View Rating Details
8/16/2016Royal Bank Of CanadaBoost Price TargetSector Perform$39.00 -> $46.00View Rating Details
6/17/2016ArgusDowngradeBuy -> HoldView Rating Details
5/18/2016US Capital AdvisorsDowngradeOverweight -> HoldView Rating Details
5/5/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$28.00 -> $32.00View Rating Details
4/19/2016BMO Capital MarketsInitiated CoverageMarket Perform$29.00View Rating Details
4/2/2016SimmonsInitiated CoverageHoldView Rating Details
2/8/2016Robert W. BairdDowngradeOutperform -> Neutral$28.00 -> $24.00View Rating Details
1/22/2016Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformView Rating Details
3/24/2015Bank of America CorpInitiated CoverageUnderperform$45.00View Rating Details
2/25/2015Evercore ISIReiterated RatingBuy -> Hold$51.00 -> $43.00View Rating Details
2/24/2015J P Morgan Chase & CoDowngradeNeutral -> Underweight$48.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for ONEOK (NYSE:OKE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416$0.46$2.51 billionN/AView Earnings Details
11/1/2016Q316$0.45$0.43$2.33 billionViewN/AView Earnings Details
8/2/2016Q216$0.43$0.40$1.99 billionViewN/AView Earnings Details
5/3/2016Q116$0.41$0.40$2.15 billionViewN/AView Earnings Details
2/22/2016Q415$0.48$0.12$2.42 billionViewListenView Earnings Details
11/3/2015Q315$0.40$0.41$2.85 billionViewListenView Earnings Details
8/4/2015Q215$0.35$0.36$3.16 billionViewListenView Earnings Details
5/5/2015Q115$0.36$0.29$3.90 billionViewListenView Earnings Details
2/23/2015Q4 14$0.35$0.35$3.61 billionViewListenView Earnings Details
11/4/2014Q314$0.63$0.40$3.72 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$3.75 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)
Current Year EPS Consensus Estimate: $1.70 EPS
Next Year EPS Consensus Estimate: $1.91 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.39$0.39$0.39
Q2 20162$0.32$0.43$0.38
Q3 20162$0.40$0.46$0.43
Q4 20162$0.45$0.49$0.47
Q1 20172$0.36$0.43$0.40
Q2 20172$0.33$0.45$0.39
Q3 20172$0.32$0.43$0.38
Q4 20172$0.38$0.45$0.42
Q1 20181$0.42$0.42$0.42
Q2 20181$0.43$0.43$0.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ONEOK (NYSE:OKE)
Annual Dividend:$2.46
Dividend Yield:4.50%
Dividend Growth:18.50% (3 Year Average)
Payout Ratio:182.22% (Based on Trailing 12 Months of Earnings)
144.71% (Based on Current Year Consensus EPS Estimate)
128.80% (Based on Next Year Consensus EPS Estimate)
Track Record:14 Years of Consecutive Dividend Growth

Dividend History for ONEOK (NYSE:OKE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for ONEOK (NYSE:OKE)
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 72.13%
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

Latest Headlines for ONEOK (NYSE:OKE)
DateHeadline
News IconEarnings Guidance on ONEOK, Inc.(OKE) - Energy Index (NYSE:OKE)
www.energyindexwatch.com - February 24 at 12:05 AM
News IconToday Analysts Focus on Norfolk Southern Corporation (NSC), ONEOK, Inc. (OKE) - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 24 at 12:05 AM
streetinsider.com logoJefferies Upgrades ONEOK Inc (OKE) to Hold - StreetInsider.com (NYSE:OKE)
www.streetinsider.com - February 24 at 12:05 AM
us.rd.yahoo.com logoONEOK upgraded by Jefferies (NYSE:OKE)
us.rd.yahoo.com - February 23 at 7:05 PM
247wallst.com logoTop Analyst Upgrades and Downgrades: Home Depot, IBM, Mobileye, Monsanto, NVIDIA, ONEOK, Square, Unilever and Many More (NYSE:OKE)
247wallst.com - February 23 at 9:17 AM
News IconTechnical Tracker: Watching Shares of ONEOK Inc (OKE) - Baxter Review (NYSE:OKE)
baxternewsreview.com - February 22 at 7:08 PM
biz.yahoo.com logoONEOK INC /NEW/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (NYSE:OKE)
biz.yahoo.com - February 22 at 7:08 PM
News IconRevenue Approximations Analysis: United Continental Holdings, Inc. (UAL), ONEOK, Inc. (OKE) - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 21 at 5:52 PM
marketrealist.com logoMust-Know: ONEOK’s Fee-Based Earnings Are on the Rise (NYSE:OKE)
marketrealist.com - February 21 at 5:52 PM
News IconTechnical Roundup On Two Stocks Halliburton Company (HAL), ONEOK, Inc. (OKE) - Post Analyst (NYSE:OKE)
postanalyst.com - February 20 at 9:39 AM
News IconToday's Brokerage Rating: Republic Services, Inc. (RSG), ONEOK, Inc. (OKE) - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 17 at 4:41 PM
News IconDividend Growth of ONEOK, Inc.(OKE) - Highland Mirror (NYSE:OKE)
www.highlandmirror.com - February 17 at 8:15 AM
News IconBuy or Sell? Average Brokerage Ratings on Valero Energy ... - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 16 at 6:36 PM
News IconWhat Analysts are Predicting For American Tower Corporation (AMT), ONEOK, Inc. (OKE)? - The USA Commerce (NYSE:OKE)
www.theusacommerce.com - February 15 at 3:27 AM
News IconObamas tweet love for each other on Valentine's Day (NYSE:OKE)
naijaoversabi.com - February 14 at 10:26 PM
News IconAnalytical Guide for ONEOK, Inc. (OKE), Humana Inc. (HUM) Stakeholders - The USA Commerce (NYSE:OKE)
www.theusacommerce.com - February 12 at 11:56 PM
marketnewsvideo.com logoONEOK Becomes #42 Most Shorted S&P 500 Component, Replacing AutoNation (NYSE:OKE)
www.marketnewsvideo.com - February 10 at 7:57 PM
News IconAnalyst's Indicator Review for ONEOK, Inc. (OKE), Fastenal Company (FAST) - The USA Commerce (NYSE:OKE)
www.theusacommerce.com - February 10 at 1:08 AM
News IconONEOK, Inc. (NYSE:OKE) News Impact Score At 89 | Stock Observer - Stock Observer (NYSE:OKE)
www.thestockobserver.com - February 9 at 12:59 AM
News IconRevenue Approximations Analysis: ONEOK, Inc. (OKE), JB Hunt Transport Services, Inc. (JBHT) - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 9 at 12:59 AM
News IconJust the Facts on ONEOK, Inc. (OKE) - StockNewsJournal (NYSE:OKE)
stocknewsjournal.com - February 9 at 12:59 AM
News IconCambridge Financial Group INC Position in Oneok (OKE) Has Lowered by $3.75 Million as Market Valuation Rose (NYSE:OKE)
randolphguide.com - February 5 at 12:03 AM
News IconThe Technical Facts on ONEOK, Inc. (OKE) - The USA Commerce (NYSE:OKE)
www.theusacommerce.com - February 4 at 5:59 AM
barrons.com logo[$$] Betting on the Dogs of the S&P 500 (NYSE:OKE)
www.barrons.com - February 4 at 12:57 AM
News IconONEOK, Inc. (NYSE:OKE) from Gas Utilities – Todays Top Gains (NYSE:OKE)
twincountynews.com - February 3 at 7:50 PM
News IconAnalysts Near-Term outlook: Freeport-McMoRan Inc. (FCX), ONEOK, Inc. (OKE) - The USA Commerce (NYSE:OKE)
www.theusacommerce.com - February 3 at 1:00 AM
News IconONEOK, Inc. (OKE) Shares Active after Upgrade at Credit Suisse Group - BNB Daily (blog) (NYSE:OKE)
www.baseball-news-blog.com - February 3 at 1:00 AM
News IconOneok : The American Energy News (NYSE:OKE)
theamericanenergynews.com - February 2 at 7:57 PM
News IconWhat’s Propelling ONEOK, Inc. (OKE) to Increase? The Stock Formed a Double Top Pattern (NYSE:OKE)
randolphguide.com - February 2 at 7:57 PM
streetinsider.com logoONEOK (OKE) to Acquire Remaining Public Stake in ONEOK Partners (OKS) for $9.3B (NYSE:OKE)
www.streetinsider.com - February 1 at 8:10 PM
us.rd.yahoo.com logoONEOK Announces Agreement to Acquire Remaining Public Stake in ONEOK Partners in a Transaction Valued at $17.2 Billion (NYSE:OKE)
us.rd.yahoo.com - February 1 at 8:09 PM
us.rd.yahoo.com logo6:38 am ONEOK provides FY17 financial and volume guidance, announces deal to acquire all of the outstanding common units of ONEOK Partners (OKS (NYSE:OKE)
us.rd.yahoo.com - February 1 at 8:09 PM
us.rd.yahoo.com logoFail, win and then fail some more to become a winning trader (NYSE:OKE)
us.rd.yahoo.com - February 1 at 8:09 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of ONEOK Partners, L.P. (NYSE:OKE)
finance.yahoo.com - February 1 at 8:09 PM
fool.com logoWhy ONEOK Partners, Advanced Micro Devices, and Arconic Jumped Today (NYSE:OKE)
www.fool.com - February 1 at 5:57 PM
fool.com logoONEOK Partners' LP Surges on Merger Deal (NYSE:OKE)
www.fool.com - February 1 at 1:36 PM
seekingalpha.com logoONEOK to acquire remaining public stake in ONEOK Partners for $9.3B in stock (NYSE:OKE)
seekingalpha.com - February 1 at 8:03 AM
News IconLarge Buying Action and Inflow of Money Witnessed in ONEOK, Inc. - Highland Mirror (NYSE:OKE)
www.highlandmirror.com - January 31 at 2:54 AM
News IconONEOK, Inc. (NYSE:OKE) EPS Predicted At $0.55 - Transcript Daily (NYSE:OKE)
transcriptdaily.com - January 31 at 2:54 AM
istreetwire.com logoWorth Watching Stocks: WestRock Company (WRK), ONEOK, Inc. (OKE), Amphenol Corporation (APH) - iStreetWire (NYSE:OKE)
istreetwire.com - January 30 at 8:46 AM
News IconInvestor Sphere: Keeping an Eye on Levels for ONEOK Inc. (OKE) - Springdale Times (NYSE:OKE)
springdaletimes.com - January 30 at 8:46 AM
capitalcube.com logoONEOK, Inc. – Value Analysis (NYSE:OKE) : January 27, 2017 (NYSE:OKE)
www.capitalcube.com - January 28 at 5:28 AM
schaeffersresearch.com logoThe Under-the-Radar Energy Stock With Huge Upside Potential (NYSE:OKE)
www.schaeffersresearch.com - January 27 at 12:03 AM
capitalcube.com logoONEOK, Inc. breached its 50 day moving average in a Bearish Manner : OKE-US : January 26, 2017 (NYSE:OKE)
www.capitalcube.com - January 27 at 12:03 AM
4-traders.com logoONEOK, INC. : ex-dividend day (NYSE:OKE)
www.4-traders.com - January 26 at 3:58 AM
News IconONEOK, Inc. (NYSE:OKE) Price Target Expected At $51.111 - Transcript Daily (NYSE:OKE)
transcriptdaily.com - January 25 at 5:48 AM
nasdaq.com logoCash Dividend On The Way From ONEOK (NYSE:OKE)
www.nasdaq.com - January 24 at 7:46 PM
News IconEarnings in Full Force, Analysts Take Aim at ONEOK, Inc. (NYSE:OKE) - Wall Street Beacon (NYSE:OKE)
wsbeacon.com - January 24 at 12:22 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: ONEOK, Inc. (NYSE:OKE) - Wall Street Beacon (NYSE:OKE)
wsbeacon.com - January 21 at 6:47 PM
News IconPrice Target Of ONEOK, Inc. (NYSE:OKE) Fixed At $51.111 ... - Transcript Daily (NYSE:OKE)
transcriptdaily.com - January 21 at 7:29 AM

Social

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 declared a quarterly dividend on Wednesday, January 18th. Investors of record on Monday, January 30th will be given a dividend of $0.615 per share on Tuesday, February 14th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, January 26th.

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

14 equities research analysts have issued twelve-month target prices for ONEOK's shares. Their forecasts range from $29.00 to $63.00. On average, they expect ONEOK's share price to reach $50.64 in the next twelve months.

When will ONEOK announce their earnings?

ONEOK is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

What are analysts saying about ONEOK stock?

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

  • 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)
  • According to Zacks Investment Research, "ONEOK Inc.’s operations are subject to various federal, state and local environmental regulations. ONEOK expects costs of compliance to be significant. ONEOK’s long-term debt has increased consistently every year from $3,924 million in 2011 to $8,320.1 million at the end of third-quarter 2016. Rising debt levels pose risks to the company. Additionally, increase in competition in the pipeline business is a potential growth deterrent. However, ONEOK Inc.’s primary growth vehicle is ONEOK Partners, given the steady rise in distribution at the partnership. ONEOK’s proactive approach to reduce capital spending and operating costs will strengthen its financial health and boost performance. The current rate of return from the company’s share is higher compared with the return from the broader industry in the last twelve months." (1/3/2017)

Who owns ONEOK stock?

ONEOK's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (5.07%), Thornburg Investment Management Inc. (1.66%), Janus Capital Management LLC (0.72%), Advisory Research Inc. (0.65%), Dimensional Fund Advisors LP (0.42%) and Guggenheim Capital LLC (0.40%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez, Sheppard F Miers III and Walter S Hulse III.

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 Thornburg Investment Management Inc., Allianz Asset Management AG, Fiera Capital Corp, Guardian Capital LP, Dimensional Fund Advisors LP, Gabelli Funds LLC, Cadence Capital Management LLC and New York State Teachers Retirement System.

Who bought ONEOK stock? Who is buying ONEOK stock?

ONEOK's stock was acquired by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Energy Income Partners LLC, State Street Corp, Asset Management One Co. Ltd., AQR Capital Management LLC, Russell Investments Group Ltd., Martingale Asset Management L P and Advisory Research Inc.. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen and Walter S Hulse III.

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 $54.64.

ONEOK (NYSE:OKE) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for ONEOK (NYSE:OKE)

Earnings History Chart

Earnings by Quarter for ONEOK (NYSE:OKE)

Dividend History Chart

Dividend Payments by Quarter for ONEOK (NYSE:OKE)

Last Updated on 2/24/2017 by MarketBeat.com Staff