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

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$69.01 -0.84 (-1.20 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$69.01
Today's Range$68.67 - $69.79
52-Week Range$50.26 - $71.99
Volume2.34 million shs
Average Volume2.97 million shs
Market Capitalization$28.41 billion
P/E Ratio24.82
Dividend Yield4.92%
Beta1.22
ONEOK, Inc., together with its subsidiaries, engages in the 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 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, 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 to others. 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; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric-generation facilities, industrial companies, municipalities, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

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Industry, Sector and Symbol

Industry Gas transmission & distribution
Sub-IndustryGas Utilities
SectorUtilities
CUSIP68268010
Phone918-588-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.59 billion
Cash Flow$3.8532 per share
Book Value$15.99 per share

Profitability

Net Income$1.15 billion

Miscellaneous

Employees2,684
Market Cap$28.41 billion
Next Earnings Date5/7/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, January 16th. Investors of record on Monday, January 28th will be paid a dividend of $0.86 per share on Thursday, February 14th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend is Friday, January 25th. This is a boost from ONEOK's previous quarterly dividend of $0.86. View ONEOK's Dividend History.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) released its earnings results on Monday, February, 25th. The utilities provider reported $0.70 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.04. ONEOK had a return on equity of 17.10% and a net margin of 9.14%. During the same quarter in the previous year, the company earned $0.53 earnings per share. View ONEOK's Earnings History.

When is ONEOK's next earnings date?

ONEOK is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for ONEOK.

What price target have analysts set for OKE?

19 brokers have issued 12 month price targets for ONEOK's stock. Their predictions range from $62.00 to $79.00. On average, they expect ONEOK's share price to reach $70.8889 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for ONEOK.

What is the consensus analysts' recommendation for ONEOK?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 8 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ONEOK.

Has ONEOK been receiving favorable news coverage?

Headlines about OKE stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ONEOK earned a coverage optimism score of -1.6 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of ONEOK's key competitors?

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), Johnson & Johnson (JNJ), Verizon Communications (VZ), Chevron (CVX), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Cisco Systems (CSCO), Boeing (BA) and General Electric (GE).

Who are ONEOK's key executives?

ONEOK's management team includes the folowing people:
  • Mr. Terry K. Spencer, Pres, CEO & Director (Age 60)
  • Mr. Walter S. Hulse III, Exec. VP of Strategic Planning & Corp. Affairs and CFO (Age 55)
  • Mr. Kevin L. Burdick, Exec. VP & COO (Age 54)
  • Mr. Robert F. Martinovich, Exec. VP & Chief Admin. Officer (Age 61)
  • Mr. Derek S. Reiners, Sr. VP of Fin. & Treasurer (Age 48)

Who are ONEOK's major shareholders?

ONEOK's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.05%), Tortoise Capital Advisors L.L.C. (3.62%), Kayne Anderson Capital Advisors LP (2.31%), Bank of New York Mellon Corp (1.57%), Geode Capital Management LLC (1.30%) and Northern Trust Corp (1.13%). 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 Millennium Management LLC, Kayne Anderson Capital Advisors LP, Lord Abbett & CO. LLC, First Trust Advisors LP, Cohen & Steers Inc., Barings LLC, Teacher Retirement System of Texas and Eagle Global Advisors LLC. View Insider Buying and Selling for ONEOK.

Which major investors are buying ONEOK stock?

OKE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Zimmer Partners LP, BlackRock Inc., Oregon Public Employees Retirement Fund, Chickasaw Capital Management LLC, Dimensional Fund Advisors LP, Geode Capital Management LLC and LSP Investment Advisors LLC. 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 $69.01.

How big of a company is ONEOK?

ONEOK has a market capitalization of $28.41 billion and generates $12.59 billion in revenue each year. The utilities provider earns $1.15 billion in net income (profit) each year or $2.78 on an earnings per share basis. ONEOK employs 2,684 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:  387 (Vote Outperform)
Underperform Votes:  520 (Vote Underperform)
Total Votes:  907
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 3/23/2019 by MarketBeat.com Staff

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