
NYSE:OKE
This summary was created by AI, based on 2 opinions in the last 12 months.
Oneok Inc (OKE-N) is positioning itself for potential growth despite current projections indicating flat growth. The company boasts a robust project backlog, which could serve as a catalyst for future expansion, particularly in the natural gas sector. Their strategic operations involve supplying natural gas to the Gulf Coast, making them an integral player in the market. Moreover, Oneok Inc. is appealing for dividend investors, as it currently offers an attractive yield of around 4.8% to over 5%. With favorable market conditions and a low point in stocks from the previous year, experts believe there might be significant room for price appreciation in comparison to its peers.
Pays a yield higher than a 10-year treasury note, earnings growth is outsized and is cheaper than the S&P aggregate (under 21x 2025 PE). Is up 35% this year. It's hard to build new pipelines in the US, which offers them a moat, and demand for oil and gas is now strong. This pays a 4.18% yield which they regularly increase and will be helped by falling rates. Also, they diversified their business by buying a natural gas company, which is a good industry.
They raised their 2015 dividend guidance and the market is not giving them credit for it. They are a US based pipeline company. They are exposed to more commodity volatility than peers, but they do a great job of managing it. Thinks they are being excessively punished. They raised their guidance for 2015. In Canada there are complications in owning this.
Oneok Inc New is a American stock, trading under the symbol OKE (previously OKE-N on Stockchase) on the New York Stock Exchange (OKE). It is usually referred to as NYSE:OKE or OKE
In the last year, 2 stock analysts published opinions about OKE (previously OKE-N on Stockchase). 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Oneok Inc New.
Oneok Inc New was recommended as a Top Pick by John Stephenson on 2004-05-06. Read the latest stock experts ratings for Oneok Inc New.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Oneok Inc New in the last year. It is a trending stock that is worth watching.
On 2026-05-29, Oneok Inc New (OKE) stock closed at a price of $83.94.
They have a deep project backlog which could bolster growth though they project flat growth. They pay a 4.8% dividend yield.