NYSE:OKE - ONEOK Stock Price, News, & Analysis

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$59.71 +0.73 (+1.24 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$58.98
Today's Range$59.29 - $60.26
52-Week Range$51.28 - $71.99
Volume1.87 million shs
Average Volume2.52 million shs
Market Capitalization$24.68 billion
P/E Ratio33.93
Dividend Yield5.78%
Beta0.9
ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. It owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. The company also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. It owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in 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 that interconnect with its NGL fractionation and pipeline assets. In addition, the company operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, it owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space to others. The company 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; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric-generation facilities, industrial companies, municipalities, and marketing companies. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
Current SymbolNYSE:OKE
Previous Symbol
CUSIP68268010
Phone918-588-7000

Debt

Debt-to-Equity Ratio1.25
Current Ratio0.74
Quick Ratio0.51

Price-To-Earnings

Trailing P/E Ratio33.93
Forward P/E Ratio21.10
P/E Growth2.23

Sales & Book Value

Annual Sales$12.17 billion
Price / Sales2.02
Cash Flow$2.2686 per share
Price / Cash Flow26.32
Book Value$13.85 per share
Price / Book4.31

Profitability

EPS (Most Recent Fiscal Year)$1.76
Net Income$387.84 million
Net Margins6.96%
Return on Equity16.32%
Return on Assets6.24%

Miscellaneous

Employees2,470
Outstanding Shares411,360,000
Market Cap$24.68 billion
OptionableOptionable

ONEOK (NYSE:OKE) Frequently Asked Questions

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, October 24th. Shareholders of record on Monday, November 5th will be paid a dividend of $0.855 per share on Wednesday, November 14th. This represents a $3.42 annualized dividend and a yield of 5.73%. The ex-dividend date is Friday, November 2nd. This is an increase from ONEOK's previous quarterly dividend of $0.83. View ONEOK's Dividend History.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) released its quarterly earnings data on Tuesday, October, 30th. The utilities provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.71 by $0.04. The utilities provider earned $3.39 billion during the quarter, compared to analyst estimates of $3.31 billion. ONEOK had a return on equity of 16.32% and a net margin of 6.96%. During the same period in the previous year, the company earned $0.43 EPS. View ONEOK's Earnings History.

When is ONEOK's next earnings date?

ONEOK is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for ONEOK.

What price target have analysts set for OKE?

17 brokers have issued 1 year price objectives for ONEOK's shares. Their predictions range from $55.00 to $79.00. On average, they anticipate ONEOK's stock price to reach $70.3750 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for ONEOK.

What is the consensus analysts' recommendation for ONEOK?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ONEOK.

Has ONEOK been receiving favorable news coverage?

News articles about OKE stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ONEOK earned a coverage optimism score of 3.6 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of ONEOK's key competitors?

Who are ONEOK's key executives?

ONEOK's management team includes the folowing people:
  • Mr. Terry K. Spencer, Pres, CEO & Director (Age 59)
  • Mr. Walter S. Hulse III, CFO & Exec. VP of Strategic Planning & Corp. Affairs (Age 54)
  • Mr. Kevin L. Burdick, Exec. VP & COO (Age 53)
  • Mr. Robert F. Martinovich, Exec. VP & Chief Admin. Officer (Age 60)
  • Mr. Wesley John Christensen, Sr. VP of Operations (Age 64)

Who are ONEOK's major shareholders?

ONEOK's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.82%), BlackRock Inc. (9.44%), Tortoise Capital Advisors L.L.C. (3.58%), Kayne Anderson Capital Advisors LP (2.43%), Neuberger Berman Group LLC (1.87%) and Bank of New York Mellon Corp (1.62%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez and Sheppard F Miers III. View Institutional Ownership Trends for ONEOK.

Which major investors are selling ONEOK stock?

OKE stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Cohen & Steers Inc., Neuberger Berman Group LLC, Mitsubishi UFJ Trust & Banking Corp, Perella Weinberg Partners Capital Management LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, The Manufacturers Life Insurance Company and Korea Investment CORP. Company insiders that have sold ONEOK company stock in the last year include Eduardo A Rodriguez and Sheppard F Miers III. View Insider Buying and Selling for ONEOK.

Which major investors are buying ONEOK stock?

OKE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital International Investors, Renaissance Technologies LLC, Tortoise Capital Advisors L.L.C., Janus Henderson Group PLC, Morgan Stanley, JPMorgan Chase & Co. and Mirae Asset Global Investments Co. Ltd.. View Insider Buying and Selling for ONEOK.

How do I buy shares of ONEOK?

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

What is ONEOK's stock price today?

One share of OKE stock can currently be purchased for approximately $59.71.

How big of a company is ONEOK?

ONEOK has a market capitalization of $24.68 billion and generates $12.17 billion in revenue each year. The utilities provider earns $387.84 million in net income (profit) each year or $1.76 on an earnings per share basis. ONEOK employs 2,470 workers across the globe.

What is ONEOK's official website?

The official website for ONEOK is http://www.oneok.com.

How can I contact ONEOK?

ONEOK's mailing address is 100 WEST 5TH ST, TULSA OK, 74103. The utilities provider can be reached via phone at 918-588-7000 or via email at [email protected]


MarketBeat Community Rating for ONEOK (NYSE OKE)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  508 (Vote Underperform)
Total Votes:  881
MarketBeat's community ratings are surveys of what our community members think about ONEOK and other stocks. Vote "Outperform" if you believe OKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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