Oneok (OKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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In the most recent trading session, Oneok Inc. (OKE) closed at $89.5, indicating a -1.82% shift from the previous trading day.
The latest trading day saw Oneok Inc. (OKE) settling at $85.73, representing a -1.39% change from its previous close.
The latest trading day saw Oneok Inc. (OKE) settling at $89.52, representing a +2.53% change from its previous close.
ONEOK remains a core long position, complemented by writing puts to generate 'income' and potentially increase exposure opportunistically on a pullback. OKE trades ever so slightly below its five-year average forward EV/EBITDA, which makes it only modestly attractive on the valuation front. With guidance for continued growth in EBITDA and EPS, that can continue to support a growing dividend and likely lead to potential long-term upside.
ONEOK (OKE) offers a compelling mix of acquisition-driven growth, aggressive CapEx, and a high, growing dividend yield. OKE's 76% natural gas/NGL focus positions it to benefit from surging AI Data Center demand, especially in the Permian Basin. OKE trades at a 10.5X EV/EBITDA, below peers, with potential for a 12.5X multiple and 19% upside if growth accompanied by deleveraging efforts continue.
In the most recent trading session, Oneok Inc. (OKE) closed at $89.2, indicating a -1.51% shift from the previous trading day.
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Oneok (OKE) reported earnings 30 days ago. What's next for the stock?
ONEOK, Inc. (OKE) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
ONEOK leverages a vast pipeline network, critical to the U.S. economy, and is well-positioned to benefit from surging data center demand. OKE's Q1 revenue rose 19.6% year-over-year, with adjusted EBITDA up 12.5%, driven by volume growth, acquisitions, and favorable price differentials. OKE targets a 3.5x leverage ratio by end-2026, supporting its BBB credit rating, with capex winding down by mid-2027 to enable dividend growth and buybacks.