S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
US Dollar Replaced By "Biden Bucks"? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Sell every Stock except ONE (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
US Dollar Replaced By "Biden Bucks"? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Sell every Stock except ONE (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
US Dollar Replaced By "Biden Bucks"? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Sell every Stock except ONE (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
US Dollar Replaced By "Biden Bucks"? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
US Dollar Replaced By "Biden Bucks"? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Sell every Stock except ONE (Ad)
NYSE:OKE

ONEOK - OKE Stock Forecast, Price & News

$64.35
-0.61 (-0.94%)
(As of 08/12/2022 09:15 PM ET)
Add
Compare
Today's Range
$64.14
$64.90
50-Day Range
$53.31
$69.14
52-Week Range
$48.51
$75.07
Volume
2.11 million shs
Average Volume
2.85 million shs
Market Capitalization
$28.76 billion
P/E Ratio
18.28
Dividend Yield
5.81%
Price Target
$68.42

ONEOK MarketRank™ Forecast

Analyst Rating
Hold
2.15 Rating Score
Upside/​Downside
6.3% Upside
$68.42 Price Target
Short Interest
Healthy
1.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.51
Upright™ Environmental Score
News Sentiment
0.24mentions of ONEOK in the last 14 days
Based on 27 Articles This Week
Insider Trading
Acquiring Shares
$498,472 Bought Last Quarter
Proj. Earnings Growth
14.75%
From $3.66 to $4.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Oils/Energy Sector

94th out of 258 stocks

Gas Transmission & Distribution Industry

2nd out of 6 stocks

OKE stock logo

About ONEOK (NYSE:OKE) Stock

ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

ONEOK Price Performance

NYSE:OKE traded down $0.61 on Friday, hitting $64.35. 2,113,673 shares of the company's stock were exchanged, compared to its average volume of 2,465,548. The stock has a 50-day moving average of $58.59 and a 200-day moving average of $63.51. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 2.11. ONEOK has a 52 week low of $48.51 and a 52 week high of $75.07. The stock has a market cap of $28.76 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 2.33 and a beta of 1.72.

ONEOK (NYSE:OKE - Get Rating) last released its earnings results on Monday, August 8th. The utilities provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.02). ONEOK had a return on equity of 26.32% and a net margin of 7.37%. The business had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.18 billion. During the same quarter in the previous year, the company earned $0.77 earnings per share. The firm's revenue for the quarter was up 76.9% on a year-over-year basis. Analysts expect that ONEOK will post 3.66 earnings per share for the current year.

ONEOK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 1st will be paid a $0.935 dividend. This represents a $3.74 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date is Friday, July 29th. ONEOK's payout ratio is 106.25%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on OKE shares. Raymond James boosted their price target on ONEOK from $70.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, April 20th. US Capital Advisors restated an "overweight" rating on shares of ONEOK in a report on Wednesday, June 1st. Mizuho upped their target price on ONEOK from $64.00 to $65.00 and gave the stock a "neutral" rating in a report on Wednesday. Barclays dropped their target price on ONEOK from $71.00 to $62.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 20th. Finally, Wells Fargo & Company dropped their target price on ONEOK to $71.00 and set an "equal weight" rating on the stock in a report on Friday, May 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $68.42.

Insider Activity

In other news, CEO Pierce Norton purchased 8,975 shares of the company's stock in a transaction dated Friday, June 17th. The stock was bought at an average cost of $55.54 per share, for a total transaction of $498,471.50. Following the purchase, the chief executive officer now owns 9,414 shares of the company's stock, valued at $522,853.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.65% of the stock is owned by corporate insiders.

Receive OKE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ONEOK and its competitors with MarketBeat's FREE daily newsletter.

OKE Stock News Headlines

Should Investors Buy ONEOK Inc. for Dividend Growth?
ONEOK (NYSE:OKE) PT Raised to $65.00 at Mizuho
ONEOK to Participate in Upcoming Investor Conferences
Brokerages Set ONEOK, Inc. (NYSE:OKE) Price Target at $68.25
ONEOK (OKE) Scheduled to Post Quarterly Earnings on Monday
Analyzing ONEOK's Short Interest
Analyzing ONEOK's Short Interest - Benzinga
See More Headlines
Receive OKE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ONEOK and its competitors with MarketBeat's FREE daily newsletter.

OKE Company Calendar

Ex-Dividend for 5/16 Dividend
4/29/2022
Dividend Payable
5/16/2022
Ex-Dividend for 8/15 Dividend
7/29/2022
Last Earnings
8/08/2022
Today
8/14/2022
Dividend Payable
8/15/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Gas transmission & distribution
Sub-Industry
Gas Utilities
CUSIP
68268010
Employees
2,847
Year Founded
1906

Price Target and Rating

Average Stock Price Forecast
$68.42
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
13 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
9.73%

Debt

Sales & Book Value

Annual Sales
$16.54 billion
Cash Flow
$4.76 per share
Book Value
$13.68 per share

Miscellaneous

Free Float
443,957,000
Market Cap
$28.76 billion
Optionable
Optionable
Beta
1.72

Social Links


Key Executives

  • Mr. Pierce H. Norton II (Age 62)
    Pres, CEO & Director
    Comp: $1.33M
  • Mr. Walter S. Hulse III (Age 58)
    CFO, Treasurer and Exec. VP of Investor Relations & Corp. Devel.
    Comp: $1.59M
  • Mr. Robert F. Martinovich (Age 64)
    Exec. VP & Chief Admin. Officer
    Comp: $1.29M
  • Mr. Sheridan C. Swords (Age 53)
    Sr. VP of Natural Gas Liquids, Gathering & Processing
    Comp: $1.19M
  • Mr. Kevin L. Burdick (Age 57)
    Exec. VP & Chief Commercial Officer
    Comp: $1.4M
  • Mr. Scott D. Schingen
    Sr. VP of Operations
  • Ms. Mary M. Spears (Age 42)
    Sr. VP and Chief Accounting Officer of Fin. & Tax.
  • Mr. Stephen B. Allen J.D. (Age 48)
    Sr. VP, Gen. Counsel & Assistant Sec.
  • Mr. Charles M. Kelley (Age 63)
    Sr. VP of Natural Gas Pipelines
  • Mr. Andrew J. Ziola
    VP of Investor Relations & Corp. Affairs













OKE Stock - Frequently Asked Questions

Should I buy or sell ONEOK stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 1 sell rating, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OKE, but not buy additional shares or sell existing shares.
View OKE analyst ratings
or view top-rated stocks.

What is ONEOK's stock price forecast for 2022?

13 equities research analysts have issued 1 year price objectives for ONEOK's stock. Their OKE share price forecasts range from $62.00 to $78.00. On average, they predict the company's share price to reach $68.42 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for OKE
or view top-rated stocks among Wall Street analysts.

How have OKE shares performed in 2022?

ONEOK's stock was trading at $58.76 at the beginning of 2022. Since then, OKE shares have increased by 9.5% and is now trading at $64.35.
View the best growth stocks for 2022 here
.

When is ONEOK's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our OKE earnings forecast
.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) announced its quarterly earnings data on Monday, August, 8th. The utilities provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $0.94 by $0.02. The utilities provider earned $6 billion during the quarter, compared to analysts' expectations of $5.18 billion. ONEOK had a trailing twelve-month return on equity of 26.32% and a net margin of 7.37%. ONEOK's revenue for the quarter was up 76.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.77 earnings per share.
Read the conference call transcript
.

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

ONEOK announced a quarterly dividend on Wednesday, July 20th. Investors of record on Monday, August 1st will be paid a dividend of $0.935 per share on Monday, August 15th. This represents a $3.74 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date of this dividend is Friday, July 29th.
Read our dividend analysis for OKE
.

Is ONEOK a good dividend stock?

ONEOK (NYSE:OKE) pays an annual dividend of $3.74 per share and currently has a dividend yield of 5.81%. OKE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OKE will have a dividend payout ratio of 89.05% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OKE.

What guidance has ONEOK issued on next quarter's earnings?

ONEOK issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $3.45-$4.07 for the period, compared to the consensus estimate of $3.79. The company issued revenue guidance of -.

What is Terry K. Spencer's approval rating as ONEOK's CEO?

62 employees have rated ONEOK Chief Executive Officer Terry K. Spencer on Glassdoor.com. Terry K. Spencer has an approval rating of 89% among the company's employees.

What other stocks do shareholders of ONEOK own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ONEOK investors own include AT&T (T), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ), Exxon Mobil (XOM), AbbVie (ABBV), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ) and Altria Group (MO).

What is ONEOK's stock symbol?

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

Who are ONEOK's major shareholders?

ONEOK's stock is owned by many different institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (1.57%), Northern Trust Corp (1.12%), Deutsche Bank AG (0.47%), Swiss National Bank (0.43%), UBS Group AG (0.43%) and JPMorgan Chase & Co. (0.41%). Insiders that own company stock include Brian L Derksen, John William Gibson, Mark W Helderman, Mary M Spears, Pierce Norton, Terry K Spencer and Walter S Hulse III.
View institutional ownership trends
.

How do I buy shares of ONEOK?

Shares of OKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ONEOK's stock price today?

One share of OKE stock can currently be purchased for approximately $64.35.

How much money does ONEOK make?

ONEOK (NYSE:OKE) has a market capitalization of $28.76 billion and generates $16.54 billion in revenue each year. The utilities provider earns $1.50 billion in net income (profit) each year or $3.52 on an earnings per share basis.

How many employees does ONEOK have?

The company employs 2,847 workers across the globe.

Does ONEOK have any subsidiaries?

The following companies are subsidiares of ONEOK: Bighorn Gas Gathering L.L.C., Black Mesa Holdings Inc., Black Mesa Pipeline Inc., Black Mesa Pipeline Operations L.L.C., Black Mesa Technologies Inc., Border Midwestern Company, Border Viking Company, Chisholm Pipeline Company, Chisholm Pipeline Holdings L.L.C., Crestone Energy Ventures L.L.C., Crestone Gathering Services L.L.C., Crestone Powder River L.L.C., Crestone Wind River L.L.C., Fort Union Gas Gathering L.L.C., Guardian Pipeline L.L.C., Heartland Pipeline Company, Lost Creek Gathering Company L.L.C., Mid Continent Market Center L.L.C., Midwestern Gas Transmission Company, Mont Belvieu I Fractionation Facility, NBP Services LLC, New Holdings Inc., New Holdings Sub 1 Inc., New Holdings Sub 2 Inc., Northern Border Pipeline Company, ONEOK Arbuckle II Pipeline L.L.C., ONEOK Arbuckle North Pipeline L.L.C., ONEOK Arbuckle Pipeline L.L.C., ONEOK Bakken Pipeline L.L.C., ONEOK Bushton Processing L.L.C., ONEOK Elk Creek Pipeline L.L.C., ONEOK Energy Services Canada Ltd., ONEOK Energy Services Company II, ONEOK Energy Services Company L.P., ONEOK Energy Services Holdings L.L.C., ONEOK Field Services Company L.L.C., ONEOK Gas Storage Holdings L.L.C., ONEOK Gas Storage L.L.C., ONEOK Gas Transportation L.L.C., ONEOK Hydrocarbon GP L.L.C., ONEOK Hydrocarbon Holdings L.L.C., ONEOK Hydrocarbon L.L.C., ONEOK Hydrocarbon L.P., ONEOK Hydrocarbon Southwest L.L.C., ONEOK ILP GP L.L.C., ONEOK Leasing Company, ONEOK MB I L.P., ONEOK Midstream Gas Supply L.L.C., ONEOK Mont Belvieu Storage Company L.L.C., ONEOK NGL Gathering L.L.C., ONEOK NGL Pipeline L.L.C., ONEOK North System L.L.C., ONEOK Northern Border Pipeline Company Holdings L.L.C., ONEOK Overland Pass Holdings L.L.C., ONEOK Parking Company L.L.C., ONEOK Partners GP L.L.C., ONEOK Partners Intermediate Limited Partnership, ONEOK Partners L.P., ONEOK Permian NGL Operating Company L.L.C., ONEOK Permian NGL Pipeline GP L.L.C., ONEOK Permian NGL Pipeline LP L.L.C., ONEOK Pipeline Holdings L.L.C., ONEOK Rockies Investments L.L.C., ONEOK Rockies Midstream L.L.C., ONEOK Services Company L.L.C., ONEOK Southeast Texas NGL Pipeline L.L.C., ONEOK Sterling III Pipeline L.L.C., ONEOK Texas Gas Storage L.L.C., ONEOK Underground Storage Company L.L.C., ONEOK Unit Holdings Inc., ONEOK VESCO Holdings L.L.C., ONEOK WesTex Transmission L.L.C., ONEOK Western Trail Pipeline L.L.C., OkTex Pipeline Company L.L.C., Overland Pass Pipeline Company LLC, Roadrunner Gas Transmission Holdings LLC, Roadrunner Gas Transmission LLC, Venice Energy Services Company L.L.C., Viking Gas Transmission Company, and West Texas LPG Pipeline Limited Partnership.
Read More

When was ONEOK founded?

ONEOK was founded in 1906.

How can I contact ONEOK?

ONEOK's mailing address is 100 WEST 5TH ST, TULSA OK, 74103. The official website for the company is www.oneok.com. The utilities provider can be reached via phone at (918) 588-7000, via email at oneokinvestorrelations@oneok.com, or via fax at 918-588-7273.

This page (NYSE:OKE) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.