ONEOK, 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
- 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
- Net Margins: 3.50%
- Return on Equity: 9.99%
- Return on Assets: 2.28%
Companies Related to ONEOK:
- Debt-to-Equity Ratio: 2.42%
- Current Ratio: 0.58%
- Quick Ratio: 0.46%
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.