OKE's recent share price decline presents a compelling entry point, with a nearly 5% dividend yield and strong fee-based revenue minimizing commodity risk. OKE's strategic acquisitions and organic growth projects have expanded its infrastructure, diversified its portfolio, and positioned it for long-term cash flow and EBITDA growth. Despite high debt and integration risks, OKE's undervaluation versus peers, robust financial performance, and critical role in energy infrastructure support a bullish outlook.
ONEOK's fee-based midstream model delivers resilient, steady growth and reliable dividends, largely insulated from commodity price swings. The recent price pullback and a 5% yield make OKE attractively valued, trading below historical P/E and peer cash flow multiples. Integration of EnLink and Medallion assets, plus rising LNG exports and Gulf Coast demand, set up robust EBITDA and EPS growth.
Oneok Inc. (OKE) reached $79.94 at the closing of the latest trading day, reflecting a -2.01% change compared to its last close.
OKE accelerates growth through major acquisitions, robust capital plans and surging fee-based earnings despite mounting competition in the sector.
Investors with an interest in Oil and Gas - Production Pipeline - MLB stocks have likely encountered both Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?
Oneok Inc. (OKE) concluded the recent trading session at $81.32, signifying a +1.41% move from its prior day's close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
ONEOK offers strong long term free cash flow and distribution growth potential, driven by surging natural gas demand and tailwinds for the AI/Data Center industries. Recent acquisitions and pipeline expansions, especially in Texas,position ONEOK to capitalize on the LNG export boom and growing U.S. energy infrastructure needs. Fee-based contracts lead to a high degree of cash flow visibility. ONEOK expects significant acquisition-driven EBITDA gains in the next three years.
Oil & gas services stock ONEOK, Inc. (NYSE:OKE) is trying to carve out of a low at its 2020 highs, 2024 summer lows, and spring 2025 lows. The shares are holding the open interest (OI) balance at the 80-strike, and back in April found a low at the peak put 75 strike.
OKE continues to benefit from higher fee-based earnings and infrastructure growth but faces rising competition and land-usage risks.
ONEOK's diversified midstream operations and recent acquisitions position it for stable, long-term growth and enhanced dividend potential. Despite a premium valuation and elevated debt, strong fee-based contracts and improving margins support a positive outlook. Recent deals like Magellan, Medallion, and EnLink diversify revenue streams and should drive significant synergies and future earnings growth.
In the 15 months since my previous article, I believe that ONEOK has grown into its valuation. The midstream operator's acquisition-related synergies and additional capital projects bode well for growth for the foreseeable future. ONEOK is financially sturdy, with a BBB credit rating from S&P on a stable outlook.