ONEOK INC

Oneok (OKE) Stock

US natural gas infrastructure company with pipeline network. Here's the price, business snapshot, and what's worth knowing about Oneok in May 2026.

ONEOK Inc. (ticker: OKE) is a US midstream energy company that transports, stores and processes natural gas and natural gas liquids (NGLs). It operates an extensive network of pipelines, fractionation and storage facilities that connect production regions with industrial users and export points. With a market capitalisation of about $43.42bn, ONEOK’s revenue mix leans on fee-based contracts and long-term agreements that can provide relatively steady cash flows compared with exploration-focused peers. The company has historically returned capital via dividends and share activity, but distributions depend on business performance and board decisions. Key considerations for investors include exposure to commodity volumes and NGL prices, regulatory and environmental developments, and interest-rate sensitivity that can affect infrastructure valuations. This summary is for general educational purposes only and is not personalised financial advice; investments can fall as well as rise, and ONEOK may not be suitable for all investors.

Why It's Moving

ONEOK INC

OKE is edging higher as analysts keep a split but slightly constructive stance on the pipeline giant.

ONEOK’s latest consensus picture looks mixed: most analysts lean toward Hold or modest Buy ratings, while price targets cluster near the current share price, signaling limited near-term conviction. That balance suggests the stock is being driven more by steady sector fundamentals and analyst reassessments than by a single major catalyst in the past week.
Sentiment:
⚖️Neutral
  • Analyst targets remain tightly grouped around the low-to-mid $90s, implying expectations for only modest upside or flat performance rather than a sharp rerating.
  • Recent rating updates show a divided street view, with some firms lifting targets while maintaining Hold or Outperform calls, which keeps sentiment constructive but not emphatic.
  • With no major company-specific news in the last 7 days, the stock is likely trading on broader energy infrastructure trends, including cash-flow stability, yield appeal, and expectations for steady pipeline demand.

When is the next earnings date for ONEOK INC (OKE)?

ONEOK (OKE) is expected to report its next earnings on August 3, 2026, with some services showing a range of August 3–7, 2026 based on its historical pattern. The report should cover Q2 2026. The company has not officially confirmed the date yet, so this remains an estimate.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding ONEOK's stock as the target price indicates limited upside potential.

Above Average

Financial Health

ONEOK is showing solid profitability and cash flow, indicating a strong financial position.

Average

Dividend

ONEOK INC's dividend yield of 4.47% makes it a reasonable choice for those seeking dividend income. If you invested $1000 you would be paid $44.70 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

📈

Stable cash flows

ONEOK’s fee-based contracts and long-term agreements can produce steady revenues, though volumes and contract renewals can vary over time.

🌍

Extensive pipeline footprint

A broad network of pipelines, fractionation and storage links production regions to markets and exports, but regulatory and commodity shifts can affect throughput.

Income focus

The company has historically returned capital via dividends, but payouts are discretionary and subject to business performance and market conditions.

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