OKE and WMB have been very strong performers and dividend growers. We compare them side-by-side based on their current fundamentals and forward outlooks. We share our view on which is the better buy today.
The latest trading day saw Oneok Inc. (OKE) settling at $90.24, representing a +1.22% change from its previous close.
In the latest trading session, Oneok Inc. (OKE) closed at $94.66, marking a +1.05% move from the previous day.
OKE is going to issue senior notes worth $7 billion to fund its acquisition. The systematic acquisition continues to expand its operation in the United States.
Oneok Inc. (OKE) closed at $91.72 in the latest trading session, marking a -0.35% move from the prior day.
Oneok Inc. (OKE) closed the most recent trading day at $91.32, moving -1% from the previous trading session.
Oneok (OKE) reported earnings 30 days ago. What's next for the stock?
Oneok is buying Medallion Midstream and a stake in EnLink Midstream. The transformational transactions will significantly increase Oneok's scale, footprint, and diversification.
OKE strengthens its position with strategic midstream acquisitions, worth $5.9 billion, in the Permian and Mid-Continent basins.
Oneok Inc said on Wednesday that it would acquire Medallion and GIP's entire stake in EnLink Midstream in a deal valued at $5.9 billion.
The Federal Reserve's potential rate cuts could drive a rotation of capital towards high-quality dividend stocks, benefiting income-generating assets like ONEOK, Inc. ONEOK offers a compelling mix of growth and income, with strategic expansions and impressive EBITDA growth positioning it for long-term gains. Despite market fluctuations, ONEOK, Inc.'s consistent income growth, resilient earnings, and favorable free cash flow profile make it a reliable investment.
ONEOK's (OKE) increased fee-based earnings, expansion efforts and pipeline additions are expected to strengthen its position in high-production regions further.