
NYSE:OKE
This summary was created by AI, based on 2 opinions in the last 12 months.
Oneok Inc (OKE) is seen as a promising investment option, primarily due to its robust project backlog that is anticipated to enhance growth prospects, even though the company's projections indicate flat growth for the near future. The company's strong performance in the natural gas market, especially in facilitating the transportation of natural gas to the Gulf Coast, indicates potential for heightened operational efficiency and market expansion. Additionally, Oneok offers an attractive dividend yield of over 4.8%, which is appealing for income-focused investors. Given the stock's previous lows last year, experts suggest that OKE could experience more notable growth compared to its peers, such as Energy Transfer (ET). Overall, Oneok's strategic positioning in the market and its solid dividend yield make it a stock worth considering for those looking at the energy sector.
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 issued a Buy, Sell, or Hold rating on OKE (previously OKE-N on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating 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 Oneok Inc New.
Oneok Inc New is followed by 23 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-26, Oneok Inc New (OKE) stock closed at a price of $89.22.
They have a deep project backlog which could bolster growth though they project flat growth. They pay a 4.8% dividend yield.