Oneok Inc. (OKE)
Oneok Inc. (OKE) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the closing of the recent trading day, Oneok Inc. (OKE) stood at $100.60, denoting a +0.15% change from the preceding trading day.
This Top-Notch 4%-Yielding Dividend Stock Just Gave Its Investors Another Raise
Oneok (OKE -0.34%) has been a pillar of dividend stability over the years. The pipeline company delivered more than a quarter century of payment stability and growth.
4 Stocks to Buy for "Higher for Longer" Interest Rates
Markets tumbled this week as a number of factors came into focus, pointing toward rates that would remain higher for longer. A hot jobs report sent stocks plummeting as the economy added 256,000 jobs vs 155,000 expected, dampening the prospects of multiple rate cuts in 2025.
ONEOK Benefits From Strategic Acquisitions & Fee-Based Earnings
OKE's high fee-based earnings, expansion efforts and pipeline additions are expected to further strengthen its position in high-production regions.
Oneok Inc. (OKE) Exceeds Market Returns: Some Facts to Consider
Oneok Inc. (OKE) closed the most recent trading day at $106.04, moving +1.98% from the previous trading session.
ONEOK: After Appreciating More Than 40% There Is Still Value To Be Unlocked
The midstream sector had a lucrative 2024, driven by increased energy demand, making ONEOK Inc (OKE) a valuable investment with significant growth potential. OKE's strategic acquisitions, including EnLink and Medallion Midstream, enhance its footprint and service offerings, driving substantial EPS and FCF growth. Despite risks like oil price volatility and operational hazards, OKE's strong operational performance and undervaluation compared to peers present a compelling investment opportunity.
ONEOK: A Solid Midstream Play
ONEOK is a strong buy due to reliable EBITDA growth and business expansion. The acquisition of Magellan Midstream Partners in 2023 significantly expanded ONEOK's pipeline network, enhancing its cash flow and long-term growth potential. Other midstream acquisitions (EnLink, Medallion) are set to make positive EPS, EBITDA and cash flow contributions.
ONEOK Completes NGL Fractionation & Pipeline Expansion Projects
OKE announces the completion of the MB-6 NGL fractionator. This indicates OKE's dedication to meeting its customers' needs by expanding its infrastructure.
ONEOK: Benefitting From Recent Acquisitions
Consolidation continues full steam in the US midstream space. ONEOK recently acquired Medallion Midstream and a 43% share of EnLink Midstream. The final 57% share in EnLink will be purchased in a tax-free exchange. The combined company will benefit from synergies, expanded services, and a stronger valuation.
Why Is Oneok (OKE) Up 17.1% Since Last Earnings Report?
Oneok (OKE) reported earnings 30 days ago. What's next for the stock?
ONEOK Finishes The Job In Picking Up EnLink Midstream
ONEOK's stock dropped 5% after announcing a $4.3 billion all-stock acquisition of the remaining 57% of EnLink Midstream, a move anticipated by the market. Despite recent gains, ONEOK still warrants a marginal 'buy' rating due to expected synergies and significant cash flows from recent acquisitions. ONEOK's valuation is mid-tier compared to peers, but its low net leverage ratio and focus on dividends and buybacks make it a quality prospect.
This High-Yield Dividend Stock Continues Its Wheeling and Dealing With $5.5 Billion of Additional Deals
Oneok (OKE -4.72%) has been busy over the past couple of years. The midstream giant has closed several acquisitions that significantly increased its scale, diversification, and growth profile.
