ONEOK: Top Of The Food-Chain Energy Pick For 2025
ONEOK Inc. is a top pick for 2025 due to its stellar margins, strategic acquisitions, and strong capital allocation frameworks benefiting long-term shareholders. OKE's recent acquisitions of EnLink and Medallion Midstream significantly enhance its asset base and growth potential, with expected EBITDA comfortably above $8 billion in 2025. OKE's asset value has grown 121% since 2020, outpacing long-term debt growth, and it offers a compelling 30.65% upside combined with a 4.25% dividend yield.
Oneok Inc. (OKE) Stock Declines While Market Improves: Some Information for Investors
Oneok Inc. (OKE) closed at $97.02 in the latest trading session, marking a -0.62% move from the prior day.
ONEOK and MPLX to build LPG export terminal, pipeline in Texas
Pipeline operator ONEOK and midstream company MPLX LP entered into a joint venture on Tuesday to construct a 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas at a total investment of $1.4 billion.
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.
