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NYSE:OKE

ONEOK Stock Forecast, Price & News

$25.01
+0.53 (+2.17 %)
(As of 09/28/2020 06:36 AM ET)
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Today's Range
$24.10
Now: $25.01
$25.08
50-Day Range
$24.48
MA: $27.58
$30.22
52-Week Range
$12.16
Now: $25.01
$78.48
Volume3.51 million shs
Average Volume5.77 million shs
Market Capitalization$11.11 billion
P/E Ratio16.79
Dividend Yield14.95%
Beta2.06
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.17 out of 5 stars


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$10.16 billion
Cash Flow$4.03 per share
Book Value$15.07 per share

Profitability

Net Income$1.28 billion

Miscellaneous

Employees2,882
Market Cap$11.11 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$25.01
+0.53 (+2.17 %)
(As of 09/28/2020 06:36 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ONEOK (NYSE:OKE) Frequently Asked Questions

How has ONEOK's stock price been impacted by Coronavirus?

ONEOK's stock was trading at $35.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, OKE stock has decreased by 30.4% and is now trading at $25.01.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of ONEOK?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 1 sell rating, 15 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for ONEOK
.

When is ONEOK's next earnings date?

ONEOK is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for ONEOK
.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) announced its earnings results on Tuesday, July, 28th. The utilities provider reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.19. The utilities provider had revenue of $1.66 billion for the quarter, compared to analyst estimates of $2.32 billion. ONEOK had a return on equity of 18.28% and a net margin of 7.13%. The company's revenue for the quarter was down 32.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 earnings per share.
View ONEOK's earnings history
.

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

ONEOK declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 3rd will be given a dividend of $0.935 per share on Friday, August 14th. This represents a $3.74 dividend on an annualized basis and a yield of 14.95%. The ex-dividend date is Friday, July 31st.
View ONEOK's dividend history
.

What price target have analysts set for OKE?

21 brokerages have issued 12 month price targets for ONEOK's shares. Their forecasts range from $25.00 to $79.00. On average, they anticipate ONEOK's stock price to reach $38.58 in the next twelve months. This suggests a possible upside of 54.3% from the stock's current price.
View analysts' price targets for ONEOK
.

Are investors shorting ONEOK?

ONEOK saw a increase in short interest in August. As of August 31st, there was short interest totaling 9,990,000 shares, an increase of 9.5% from the August 15th total of 9,120,000 shares. Based on an average trading volume of 6,050,000 shares, the days-to-cover ratio is presently 1.7 days.
View ONEOK's Short Interest
.

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), Pfizer (PFE), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO), Altria Group (MO), Verizon Communications (VZ) and Intel (INTC).

Who are ONEOK's key executives?

ONEOK's management team includes the following 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. Sheridan C. Swords, Sr. VP of Natural Gas Liquids (Age 50)

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 Vanguard Group Inc. (11.67%), Bank of New York Mellon Corp (1.91%), Charles Schwab Investment Management Inc. (1.19%), Neuberger Berman Group LLC (1.03%), M&G Investment Management Ltd. (0.78%) and Kayne Anderson Capital Advisors LP (0.68%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez, John William Gibson, Mark W Helderman, Mary M Spears, Terry K Spencer and Walter S Hulse 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 Neuberger Berman Group LLC, Kayne Anderson Capital Advisors LP, Chickasaw Capital Management LLC, Russell Investments Group Ltd., AQR Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., State of Tennessee Treasury Department, and Ensign Peak Advisors Inc.
View insider buying and selling activity for ONEOK
.

Which major investors are buying ONEOK stock?

OKE stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Brookfield Asset Management Inc., First Trust Advisors LP, Alps Advisors Inc., Bridgeway Capital Management Inc., and Prudential PLC. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen, John William Gibson, Mark W Helderman, Mary M Spears, Terry K Spencer, and Walter S Hulse III.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is ONEOK's stock price today?

One share of OKE stock can currently be purchased for approximately $25.01.

How big of a company is ONEOK?

ONEOK has a market capitalization of $11.11 billion and generates $10.16 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $3.07 on an earnings per share basis. ONEOK employs 2,882 workers across the globe.

What is ONEOK's official website?

The official website for ONEOK is 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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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