S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Why CSL Ltd Stock Could Be Worth a Look
MarketBeat: Week in Review 11/28 – 12/02
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Molten lava on Hawaii's Big Island could block main highway
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Why CSL Ltd Stock Could Be Worth a Look
MarketBeat: Week in Review 11/28 – 12/02
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Molten lava on Hawaii's Big Island could block main highway
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Why CSL Ltd Stock Could Be Worth a Look
MarketBeat: Week in Review 11/28 – 12/02
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Molten lava on Hawaii's Big Island could block main highway
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Why CSL Ltd Stock Could Be Worth a Look
MarketBeat: Week in Review 11/28 – 12/02
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Estonia to buy US rocket artillery system in $200M deal
Rail workers say deal won't resolve quality-of-life concerns
Tiny $4 Company to “Steal” Billions From Tesla?  (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Molten lava on Hawaii's Big Island could block main highway

ONEOK - OKE Stock Forecast, Price & News

$67.20
0.00 (0.00%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$66.30
$67.56
50-Day Range
$50.58
$67.20
52-Week Range
$50.50
$75.07
Volume
1.88 million shs
Average Volume
2.46 million shs
Market Capitalization
$30.04 billion
P/E Ratio
18.67
Dividend Yield
5.57%
Price Target
$67.09

ONEOK MarketRank™ Forecast

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
0.2% Downside
$67.09 Price Target
Short Interest
Healthy
2.06% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.51
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.98%
From $3.84 to $4.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Oils/Energy Sector

172nd out of 246 stocks

Gas Transmission & Distribution Industry

4th out of 6 stocks

OKE stock logo

About ONEOK (NYSE:OKE) Stock

ONEOK, Inc., together with its subsidiaries, engages in 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 Kansas, 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 connected to NGL fractionation, storage, 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. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. 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; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Receive OKE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ONEOK and its competitors with MarketBeat's FREE daily newsletter.

OKE Stock News Headlines

ONEOK Announces $750 Million Notes Offering
ONEOK (OKE) Q3 2022 Earnings Call Transcript
ONEOK's Earnings Outlook
ONEOK Inc. Q3 income increases in line with estimates
ONEOK, Inc. (NYSE:OKE) Has A ROE Of 26%
Here's Why Oneok Inc. (OKE) is a Strong Growth Stock
See More Headlines
Receive OKE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ONEOK and its competitors with MarketBeat's FREE daily newsletter.

OKE Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 11/14 Dividend
10/31/2022
Dividend Payable
11/14/2022
Today
12/03/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/27/2023

Industry, Sector and Symbol

Industry
Gas transmission & distribution
Sub-Industry
Gas Utilities
CUSIP
68268010
Employees
2,847
Year Founded
1906

Price Target and Rating

Average Stock Price Forecast
$67.09
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$59.00
Forecasted Upside/Downside
-0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
12 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
9.36%

Debt

Sales & Book Value

Annual Sales
$16.54 billion
Cash Flow
$4.76 per share
Book Value
$14.12 per share

Miscellaneous

Free Float
444,049,000
Market Cap
$30.04 billion
Optionable
Optionable
Beta
1.73

Social Links


Key Executives

  • Mr. Pierce H. Norton IIMr. Pierce H. Norton II (Age 62)
    Pres, CEO & Director
    Comp: $1.33M
  • Mr. Walter S. Hulse III (Age 58)
    CFO, Treasurer and Exec. VP of Investor Relations & Corp. Devel.
    Comp: $1.59M
  • Mr. Robert F. Martinovich (Age 64)
    Exec. VP & Chief Admin. Officer
    Comp: $1.29M
  • Mr. Sheridan C. Swords (Age 53)
    Sr. VP of Natural Gas Liquids, Gathering & Processing
    Comp: $1.19M
  • Mr. Kevin L. Burdick (Age 57)
    Exec. VP & Chief Commercial Officer
    Comp: $1.4M
  • Mr. Scott D. Schingen
    Sr. VP of Operations
  • Ms. Mary M. Spears (Age 42)
    Sr. VP and Chief Accounting Officer of Fin. & Tax.
  • Mr. Stephen B. Allen J.D. (Age 48)
    Sr. VP, Gen. Counsel & Assistant Sec.
  • Mr. J. Darren Wallis
    Sr. VP of Communications & Community Relations
  • Ms. Janet L. Hogan (Age 58)
    Sr. VP & Chief HR Officer













OKE Stock - Frequently Asked Questions

Should I buy or sell ONEOK stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OKE, but not buy additional shares or sell existing shares.
View OKE analyst ratings
or view top-rated stocks.

What is ONEOK's stock price forecast for 2023?

12 equities research analysts have issued 12 month price objectives for ONEOK's stock. Their OKE share price forecasts range from $59.00 to $78.00. On average, they expect the company's share price to reach $67.09 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
View analysts price targets for OKE
or view top-rated stocks among Wall Street analysts.

How have OKE shares performed in 2022?

ONEOK's stock was trading at $58.76 on January 1st, 2022. Since then, OKE stock has increased by 14.4% and is now trading at $67.20.
View the best growth stocks for 2022 here
.

When is ONEOK's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our OKE earnings forecast
.

How were ONEOK's earnings last quarter?

ONEOK, Inc. (NYSE:OKE) announced its earnings results on Tuesday, November, 2nd. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.05. The utilities provider had revenue of $4.54 billion for the quarter, compared to analyst estimates of $5.32 billion. ONEOK had a trailing twelve-month return on equity of 26.46% and a net margin of 7.10%. During the same quarter in the prior year, the company posted $0.70 EPS.
Read the conference call transcript
.

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

ONEOK declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Tuesday, November 1st will be given a dividend of $0.935 per share on Monday, November 14th. This represents a $3.74 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date of this dividend is Monday, October 31st.
Read our dividend analysis for OKE
.

Is ONEOK a good dividend stock?

ONEOK (NYSE:OKE) pays an annual dividend of $3.74 per share and currently has a dividend yield of 5.57%. OKE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 103.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OKE will have a dividend payout ratio of 86.98% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OKE.

What guidance has ONEOK issued on next quarter's earnings?

ONEOK issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $3.76-$3.76 for the period, compared to the consensus earnings per share estimate of $3.80. The company issued revenue guidance of -.

What is Terry K. Spencer's approval rating as ONEOK's CEO?

62 employees have rated ONEOK Chief Executive Officer Terry K. Spencer on Glassdoor.com. Terry K. Spencer has an approval rating of 89% among the company's employees.

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

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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.91%), BlackRock Inc. (10.31%), State Street Corp (7.41%), Bank of New York Mellon Corp (1.45%), Tortoise Capital Advisors L.L.C. (1.43%) and Dimensional Fund Advisors LP (0.88%). Insiders that own company stock include Brian L Derksen, John William Gibson, Mark W Helderman, Mary M Spears, Pierce Norton, Terry K Spencer and Walter S Hulse III.
View institutional ownership trends
.

How do I buy shares of ONEOK?

Shares of OKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ONEOK's stock price today?

One share of OKE stock can currently be purchased for approximately $67.20.

How much money does ONEOK make?

ONEOK (NYSE:OKE) has a market capitalization of $30.04 billion and generates $16.54 billion in revenue each year. The utilities provider earns $1.50 billion in net income (profit) each year or $3.60 on an earnings per share basis.

How many employees does ONEOK have?

The company employs 2,847 workers across the globe.

Does ONEOK have any subsidiaries?
The following companies are subsidiares of ONEOK: Bighorn Gas Gathering L.L.C., Black Mesa Holdings Inc., Black Mesa Pipeline Inc., Black Mesa Pipeline Operations L.L.C., Black Mesa Technologies Inc., Border Midwestern Company, Border Viking Company, Chisholm Pipeline Company, Chisholm Pipeline Holdings L.L.C., Crestone Energy Ventures L.L.C., Crestone Gathering Services L.L.C., Crestone Powder River L.L.C., Crestone Wind River L.L.C., Fort Union Gas Gathering L.L.C., Guardian Pipeline L.L.C., Heartland Pipeline Company, Lost Creek Gathering Company L.L.C., Mid Continent Market Center L.L.C., Midwestern Gas Transmission Company, Mont Belvieu I Fractionation Facility, NBP Services LLC, New Holdings Inc., New Holdings Sub 1 Inc., New Holdings Sub 2 Inc., Northern Border Pipeline Company, ONEOK Arbuckle II Pipeline L.L.C., ONEOK Arbuckle North Pipeline L.L.C., ONEOK Arbuckle Pipeline L.L.C., ONEOK Bakken Pipeline L.L.C., ONEOK Bushton Processing L.L.C., ONEOK Elk Creek Pipeline L.L.C., ONEOK Energy Services Canada Ltd., ONEOK Energy Services Company II, ONEOK Energy Services Company L.P., ONEOK Energy Services Holdings L.L.C., ONEOK Field Services Company L.L.C., ONEOK Gas Storage Holdings L.L.C., ONEOK Gas Storage L.L.C., ONEOK Gas Transportation L.L.C., ONEOK Hydrocarbon GP L.L.C., ONEOK Hydrocarbon Holdings L.L.C., ONEOK Hydrocarbon L.L.C., ONEOK Hydrocarbon L.P., ONEOK Hydrocarbon Southwest L.L.C., ONEOK ILP GP L.L.C., ONEOK Leasing Company, ONEOK MB I L.P., ONEOK Midstream Gas Supply L.L.C., ONEOK Mont Belvieu Storage Company L.L.C., ONEOK NGL Gathering L.L.C., ONEOK NGL Pipeline L.L.C., ONEOK North System L.L.C., ONEOK Northern Border Pipeline Company Holdings L.L.C., ONEOK Overland Pass Holdings L.L.C., ONEOK Parking Company L.L.C., ONEOK Partners GP L.L.C., ONEOK Partners Intermediate Limited Partnership, ONEOK Partners L.P., ONEOK Permian NGL Operating Company L.L.C., ONEOK Permian NGL Pipeline GP L.L.C., ONEOK Permian NGL Pipeline LP L.L.C., ONEOK Pipeline Holdings L.L.C., ONEOK Rockies Investments L.L.C., ONEOK Rockies Midstream L.L.C., ONEOK Services Company L.L.C., ONEOK Southeast Texas NGL Pipeline L.L.C., ONEOK Sterling III Pipeline L.L.C., ONEOK Texas Gas Storage L.L.C., ONEOK Underground Storage Company L.L.C., ONEOK Unit Holdings Inc., ONEOK VESCO Holdings L.L.C., ONEOK WesTex Transmission L.L.C., ONEOK Western Trail Pipeline L.L.C., OkTex Pipeline Company L.L.C., Overland Pass Pipeline Company LLC, Roadrunner Gas Transmission Holdings LLC, Roadrunner Gas Transmission LLC, Venice Energy Services Company L.L.C., Viking Gas Transmission Company, and West Texas LPG Pipeline Limited Partnership.
Read More
How can I contact ONEOK?

ONEOK's mailing address is 100 WEST 5TH ST, TULSA OK, 74103. The official website for the company is www.oneok.com. The utilities provider can be reached via phone at (918) 588-7000, via email at oneokinvestorrelations@oneok.com, or via fax at 918-588-7273.

This page (NYSE:OKE) was last updated on 12/3/2022 by MarketBeat.com Staff