ONEOK Company Profile (NYSE:OKE)

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

ONEOK announced a quarterly dividend on Thursday, April 20th. Investors 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 annualized dividend and a yield of 4.83%. The ex-dividend date is Thursday, April 27th. View ONEOK's Dividend History.

ONEOK, Inc. (NYSE:OKE) posted its earnings results on Tuesday, May, 2nd. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.04. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate 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 twelve-month price targets for ONEOK's shares. Their predictions range from $48.00 to $63.00. On average, they anticipate ONEOK's share price to reach $55.73 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.’s shares have lost in the last six months compared with the broader industry's gain in the same period. 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.  However, 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." (6/27/2017)
• 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)

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), Sunoco Logistics Partners LP (ETP), Cheniere Energy Partners LP (CQP), Cheniere Energy Partners LP (CQP), Buckeye Partners L.P. (BPL), Targa Resources (TRGP), 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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.01%), BlackRock Inc. (8.87%), State Street Corp (5.37%), Neuberger Berman Group LLC (4.07%), Bank of New York Mellon Corp (2.59%) and Kayne Anderson Capital Advisors LP (1.78%). 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 Morgan Stanley, Jennison Associates LLC, First Trust Advisors LP, Miller Howard Investments Inc. NY, Sasco Capital Inc. CT, Advisors Capital Management LLC, AQR Capital Management LLC and Gotham Asset Management LLC. View Insider Buying and Selling for ONEOK.

ONEOK's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Janus Capital Management LLC, Neuberger Berman Group LLC, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Vanguard Group Inc. and Bank of New York Mellon Corp. 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 $50.90.