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.
OKE takes full control of the Delaware Basin joint venture in a $940-million deal, deepening its Permian Basin footprint and boosting integration.
Investors looking for stocks in the Oil and Gas - Production Pipeline - MLB sector might want to consider either Energy Transfer LP (ET) or Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now?
Although the revenue and EPS for Oneok (OKE) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Oneok (OKE -6.61%) is a bit of an outlier. The energy infrastructure company has a high-yielding dividend (recently around 4.7%) and a high earnings growth rate (more than 10% annually).
ONEOK, Inc. (NYSE:OKE ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Megan Patterson - Vice President of Investor Relations Pierce Norton - President and Chief Executive Officer Walter Hulse - Executive Vice President, Chief Financial Officer, Treasurer, Investor Relations and Corporate Development Sheridan Swords - Executive Vice President and Chief Commercial Officer Kevin Burdick - Executive Vice President and Chief Enterprise Services Officer Randy Lentz - Executive Vice President and Chief Operating Officer Conference Call Participants Jeremy Tonet - JPMorgan Doug Irwin - Citi Theresa Chen - Barclays Capital Michael Blum - Wells Fargo Jean Ann Salisbury - Bank of America Manav Gupta - UBS Keith Stanley - Wolfe Research AJ O'Donnell - Tudor Pickering Holt & Co Sunil Sibal - Seaport Global Operator Good day, everyone, and welcome to the First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
OKE's first-quarter earnings lag estimates, and revenues beat the same. The company's operating income increases during the same period.
Oneok Inc. (OKE) came out with quarterly earnings of $1.04 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.09 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Oneok (OKE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.