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NYSE:OKEONEOK Stock Price, Forecast & News

$26.72
+0.57 (+2.18 %)
(As of 07/13/2020 04:00 PM ET)
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Today's Range
$25.64
Now: $26.72
$26.90
50-Day Range
$26.15
MA: $35.25
$48.04
52-Week Range
$12.16
Now: $26.72
$78.48
Volume6.00 million shs
Average Volume6.24 million shs
Market Capitalization$11.86 billion
P/E Ratio13.92
Dividend Yield14.00%
Beta2.19
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: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.38 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$4.25 per share
Book Value$15.07 per share

Profitability

Net Income$1.28 billion

Miscellaneous

Employees2,882
Market Cap$11.86 billion
Next Earnings Date7/28/2020 (Confirmed)
OptionableOptionable

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ONEOK (NYSE:OKE) Frequently Asked Questions

How has ONEOK's stock been impacted by COVID-19 (Coronavirus)?

ONEOK's stock was trading at $35.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OKE stock has decreased by 25.7% and is now trading at $26.72. View which stocks have been most impacted by Coronavirus.

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, 14 hold ratings and 6 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, July 28th 2020. View our earnings forecast for ONEOK.

How can I listen to ONEOK's earnings call?

ONEOK will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) announced its quarterly earnings data on Tuesday, April, 28th. The utilities provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.03. The utilities provider had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.52 billion. ONEOK had a return on equity of 21.11% and a net margin of 8.40%. During the same period in the prior year, the firm earned $0.81 earnings per share. View ONEOK's earnings history.

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

ONEOK announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, April 27th will be paid a dividend of $0.935 per share on Thursday, May 14th. This represents a $3.74 annualized dividend and a yield of 14.00%. The ex-dividend date of this dividend is Friday, April 24th. View ONEOK's dividend history.

What price target have analysts set for OKE?

21 brokerages have issued twelve-month price objectives for ONEOK's stock. Their forecasts range from $27.00 to $84.00. On average, they anticipate ONEOK's stock price to reach $48.60 in the next year. This suggests a possible upside of 81.9% from the stock's current price. View analysts' price targets for ONEOK.

Has ONEOK been receiving favorable news coverage?

Media stories about OKE stock have been trending very negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog 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 media sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about ONEOK.

Are investors shorting ONEOK?

ONEOK saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 13,630,000 shares, an increase of 9.6% from the May 31st total of 12,440,000 shares. Based on an average daily trading volume, of 7,930,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.3% of the company's shares are short sold. View ONEOK's Current Options Chain.

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), AbbVie (ABBV), Enterprise Products Partners (EPD), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), Altria Group (MO) and Chevron (CVX).

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 a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.17%), Spirit of America Management Corp NY (0.05%), Stolper Co (0.03%), Walnut Private Equity Partners LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Bright Rock Capital Management LLC (0.02%). 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 institutional investors are selling ONEOK stock?

OKE stock was sold by a variety of institutional investors in the last quarter, including Walnut Private Equity Partners LLC, State of Alaska Department of Revenue, IFM Investors Pty Ltd, Whittier Trust Co., Stolper Co, Gofen & Glossberg LLC IL, SL Advisors LLC, and Evanson Asset Management LLC. View insider buying and selling activity for ONEOK.

Which institutional investors are buying ONEOK stock?

OKE stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Legacy Capital Partners Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Bright Rock Capital Management LLC, DNB Asset Management AS, Global Retirement Partners LLC, Wealth Alliance Advisory Group LLC, and Birch Capital Management LLC. 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 $26.72.

How big of a company is ONEOK?

ONEOK has a market capitalization of $11.86 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 7/14/2020 by MarketBeat.com Staff

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