Investors interested in stocks from the Oil and Gas - Production Pipeline - MLB sector have probably already heard of Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?
Midstream earnings are well underway, and several names have beat expectations and raised guidance. Earnings from Plains All American Pipeline LP (PAA), Targa Resources (TRGP), ONEOK (OKE), and Enbridge (ENB) have surprised to the upside.
ONEOK's (OKE) second-quarter 2024 earnings and revenues increase year over year. Adjusted EBITDA also increases during the same period.
Oneok Inc. (OKE) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.04 per share a year ago.
ONEOK's (OKE) second-quarter earnings are likely to have continued to gain from fee-based contracts and the completed acquisition of a natural gas liquid pipeline system.
Oneok (OKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks offers value investors a better bang for their buck right now?
ONEOK (OKE) reveals plans to expand its pipeline capacity, thus indicating growing demand for refined products and renewable fuels in Denver.
In the most recent trading session, Oneok Inc. (OKE) closed at $85.37, indicating a +0.36% shift from the previous trading day.
ONEOK's (OKE) high fee-based earnings, expansion efforts and pipeline additions are expected to strengthen its position in high-production regions further.
Natural gas infrastructure investment is a profitable opportunity in the green transition. ONEOK, Inc. stands out with its massive pipeline network, fee-based revenue model, and strong financial health. Strategic investments, growing dividends, and promising cash flow make ONEOK a compelling investment for double-digit annual returns.
Oneok Inc. (OKE) reachead $81.55 at the closing of the latest trading day, reflecting a +0.99% change compared to its last close.