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Oneok Inc. (OKE) Stock Declines While Market Improves: Some Information for Investors
ONEOKONEOK(US:OKE) ZACKSยท2025-02-05 00:20

Company Overview - Oneok Inc. (OKE) closed at $97.02, reflecting a -0.62% change from the previous trading day's closing, underperforming the S&P 500's daily gain of 0.72% [1] - The stock has decreased by 3.93% over the past month, while the Oils-Energy sector gained 0.1% and the S&P 500 increased by 1.02% [1] Upcoming Earnings - Oneok Inc. is set to release its earnings report on February 24, 2025, with an expected EPS of $1.45, indicating a 22.88% increase compared to the same quarter last year [2] - Revenue is anticipated to be $6.56 billion, reflecting a 25.24% growth year-over-year [2] Analyst Estimates - Recent changes in analyst estimates for Oneok Inc. are crucial as they often indicate shifts in near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Oneok Inc. currently holds a Zacks Rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has increased by 0.37% [5] Valuation Metrics - Oneok Inc. has a Forward P/E ratio of 16.17, which is higher than the industry average Forward P/E of 14.32 [6] - The company has a PEG ratio of 3.68, compared to the Oil and Gas - Production Pipeline - MLB industry's average PEG ratio of 1.48 [7] Industry Context - The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [8]