Oneok Inc. (OKE) closed the most recent trading day at $85.37, moving +0.36% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.39%. On the other hand, the Dow registered a gain of 0.6%, and the technology-centric Nasdaq decreased by 2.77%. Shares of the natural gas company have appreciated by 6.25% over the course of the past month, outperforming the Oils-Energy sector's loss of 7.9% and the S&P 500's gain of 4.43%. Investors will be eagerly watching for the performance of ...

The dividend is payable Aug. 14, 2024, to shareholders of record at the close of business Aug. 1, 2024. For information about ONEOK, visit the website: www.oneok.com. For the latest news about ONEOK, find us on LinkedIn, Facebook, X and Instagram. One should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements ex ...

ONEOK Inc. (OKE) stands to benefit from higher fee-based earnings and midstream assets located in productive regions. The company also continues to gain from a diverse customer base. However, this Zacks Rank #2 (Buy) company faces risks related to intense competition in the pipeline business. Tailwinds With production volumes resuming normalcy, ONEOK is poised to benefit from long-term fee-based commitments in each of its three segments. More than 86% of OKE's 2023 earnings were fee-based, and it expects mo ...

TULSA, Okla., July 8, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will release second quarter 2024 earnings after the market closes on Aug. 5, 2024. ONEOK's executive management will participate in a conference call the following day. When: 11 a.m. Eastern, Aug. 6, 2024 10 a.m. Central If you are unable to participate in the conference call or the webcast, the replay will be available on ONEOK's website, www.oneok.com, for one year. A recording will be available by phone for seven days. The playback call m ...

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.94 per share and a revenue of $22.31 billion, representing changes of -9.85% and +26.22%, respectively, from the prior year. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.32% increas ...

A limited number of investors (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on the Schedule K-3 for their specific reporting requirements. To the extent the Schedule K-3 is applicable to a unitholder's return filing needs, we encourage them to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with thei ...

OKE has plans to connect the pipelines to its Mont Belvieu, TX, NGL infrastructure and ONEOK's Houston refined products and crude oil infrastructure. In September 2023, ONEOK completed its acquisition of Magellan Midstream Partners for $18.8 billion. The agreement opened up Magellan's primarily fee-based refined products and crude oil transportation business to ONEOK. This merger deal created one of the largest oil and natural gas pipeline companies in the United States. According to a Bloomberg report, the ...

ONEOK's latest investor materials are available at www.oneok.com. At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude that help meet domestic and international energy demand, contribute to energy security and pr ...

Latest Acquisition Accelerates Commercial Synergies for ONEOK TULSA, Okla., June 17, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has completed its acquisition of a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. "The closing of this strategic acquisition provides immediate earnings, expands our natural gas liquids asset portfolio and accelerates ONEOK's ability to capture commercial synergies related to our recent acquisition of Magel ...

ONEOK, Inc. (NYSE:OKE) has a strong runway ahead of itself as producers improve well performance paired with the firm's continued execution of bolt-on acquisitions to expand their NGL pipeline reach. In addition to this, there may be some strong tailwinds for ONEOK and other gas midstream operators in the coming years, as new AI factories may drive up demand for dedicated power sources in the coming years. Overall, between the potential cyclical upswing for petrochemical producers and the growing demand for ...