ONEOK Inc.

ONEOK Inc.

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.

ONEOK Outshines Market Weakness as Midstream Resilience Fuels Investor Interest

ONEOK shares advanced even as broader markets pulled back, underscoring the stock's defensive strength in the energy sector. This performance highlights growing confidence in the company's operational momentum amid steady natural gas demand.
Sentiment:
🐃Bullish
  • OKE bucked the market dip with gains, trading at a Forward P/E of 15.25—above the industry average—reflecting optimism about its earnings growth potential.
  • Analysts maintain a consensus Buy rating from 14 firms, driven by robust system volume increases outpacing expectations and boosting cash flows.
  • Recent annual meeting announcement signals steady governance, while earlier dividend hikes reinforce ONEOK's appeal in a volatile energy landscape.

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

ONEOK's most recent earnings for Q4 and full-year 2025 were released on February 23, 2026. The next earnings report, covering Q1 2026, is estimated around late April to early May 2026, with analyst projections pointing to April 28 or May 5. This aligns with the company's historical pattern of reporting shortly after quarter-end.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying ONEOK's stock with a target price of $88.59, indicating growth potential.

Above Average

Financial Health

ONEOK Inc. is generating strong revenue and cash flow, indicating a solid financial position.

Above Average

Dividend

ONEOK Inc. offers an attractive dividend yield of 4.87%, making it appealing for investors seeking regular income. If you invested $1000 you would be paid $48.70 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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Tapping Venezuela's Oil Reserves

Tapping Venezuela's Oil Reserves

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Riding The OPEC+ Wave: Midstream Energy Plays

Riding The OPEC+ Wave: Midstream Energy Plays

OPEC+ is moving forward with its plan to increase oil production to meet summer demand. This creates an opportunity for companies that transport, store, and process the additional crude oil and natural gas.

Published: July 25, 2025

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OPEC+ Opens The Taps: Midstream's Moment

OPEC+ Opens The Taps: Midstream's Moment

OPEC+ has decided to maintain its policy of gradually increasing oil production to meet rising global demand. This creates an investment opportunity in companies that provide the essential midstream services, such as transportation and storage, which will see increased business from the higher oil supply.

Published: July 25, 2025

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Energy Consolidation Wave: The Supermajor Acquisition Catalyst

Energy Consolidation Wave: The Supermajor Acquisition Catalyst

This carefully selected group of stocks represents companies positioned to benefit from the energy sector consolidation triggered by Chevron's $53 billion Hess acquisition. Our expert analysts have identified these opportunities across the energy value chain as potential targets or beneficiaries of this industry-transforming trend.

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Natural Gas Drilling Revival Play

Natural Gas Drilling Revival Play

A carefully selected group of stocks poised to benefit from the recent upturn in U.S. natural gas drilling activity. Our professional analysts have identified companies across the entire natural gas value chain that could see improved performance as drilling rebounds for the first time in twelve weeks.

Published: July 20, 2025

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Oil & Gas

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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.

Compare ONEOK with other stocks

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