ONEOK Company Profile (NYSE:OKE)

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

ONEOK declared a quarterly dividend on Thursday, April 20th. Shareholders of record on Monday, May 1st will be paid a dividend of $0.615 per share on Monday, May 15th. This represents a $2.46 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend is Thursday, April 27th. View ONEOK's Dividend History.

ONEOK, Inc. (NYSE:OKE) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.04. The firm earned $2.75 billion during the quarter, compared to analyst estimates of $2.82 billion. ONEOK had a net margin of 3.60% and a return on equity of 10.33%. View ONEOK's Earnings History.

12 equities research analysts have issued 12-month target prices for ONEOK's stock. Their predictions range from $48.00 to $63.00. On average, they expect ONEOK's stock price to reach $56.64 in the next year. View Analyst Ratings for ONEOK.

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

• 1. According to Zacks Investment Research, "ONEOK Inc. is poised to gain from increased drilling activities in the basin where this company has well placed assets. The increase in fee-based earnings, merger transaction with ONEOK Partners, capital-growth projects and increasing drilling activities from the producers will further boost the performance of this company. Shares of ONEOK Inc. have gained more than the broader industry in the last one year. However, strict regulations and intensifying competition in midstream energy services are the major concerns for the company. Further, rising debt levels amid the rising interest environment pose risks to the company." (7/14/2017)
• 2. 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)

ONEOK saw a drop in short interest during the month of July. As of July 14th, there was short interest totalling 15,622,422 shares, a drop of 35.9% from the June 30th total of 24,364,024 shares. Based on an average trading volume of 9,384,317 shares, the short-interest ratio is presently 1.7 days. Currently, 4.1% of the shares of the stock are short sold.

Some companies that are related to ONEOK include Plains All American Pipeline, L.P. (PAA), Magellan Midstream Partners L.P. (MMP), Spectra Energy Partners, LP (SEP), Pembina Pipeline Corp. (PBA), Mplx Lp (MPLX), Energy Transfer Partners LP (ETP), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners LP (ENBL), EQT Midstream Partners, LP (EQM), EnLink Midstream Partners, LP (ENLK), Enbridge Energy, L.P. (EEP), Tesoro Logistics LP (TLLP), Phillips 66 Partners LP (PSXP), Shell Midstream Partners, L.P. (SHLX) and Plains Group Holdings, L.P. (PAGP).

ONEOK's management team includes the folowing people:

• Terry K. Spencer, President, Chief Executive Officer, Director of the Company and Oneok Partners
• Walter S. Hulse III, Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs
• Kevin L. Burdick, Chief Operating Officer, Executive Vice President
• Robert F. Martinovich, Executive Vice President, Chief Administrative Officer
• Derek S. Reiners CPA, Senior Vice President - Finance, Treasurer
• Stephen W. Lake, Senior Vice President, General Counsel, Assistant Secretary of the Company and Oneok Partners
• Michael A. Fitzgibbons, Senior Vice President - Natural Gas Gathering and Processing
• Sheppard F. Miers III, Chief Accounting Officer, Vice President of the Company and Oneok Partners
• John William Gibson, Non-Executive Chairman of the Board
• James W. Mogg, Lead Independent Director

ONEOK's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Miller Howard Investments Inc. NY (0.42%), Russell Investments Group Ltd. (0.33%), Bank of Montreal Can (0.26%), Viking Fund Management LLC (0.12%), APG Asset Management N.V. (0.10%) and Chevy Chase Trust Holdings Inc. (0.16%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez, Sheppard F Miers III and Walter S Hulse III. View Institutional Ownership Trends for ONEOK.

ONEOK's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, NN Investment Partners Holdings N.V., Gateway Investment Advisers LLC, Oregon Public Employees Retirement Fund, Nisa Investment Advisors LLC, Miller Howard Investments Inc. NY, Visionary Asset Management Inc. and Exxonmobil Investment Management Inc. TX. View Insider Buying and Selling for ONEOK.

ONEOK's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of Montreal Can, Forsta AP Fonden, Chevy Chase Trust Holdings Inc., Bollard Group LLC, Viking Fund Management LLC, Personal Capital Advisors Corp and State Treasurer State of Michigan. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen and Walter S Hulse III. View Insider Buying and Selling for ONEOK.

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.

One share of ONEOK stock can currently be purchased for approximately $55.78.