Why Oneok Inc. (OKE) is a Top Momentum Stock for the Long-Term

Company Overview - ONEOK Inc. is an energy company based in Tulsa, OK, engaged in natural gas and natural gas liquids (NGL) businesses [11] - The company completed its acquisition of Magellan Midstream Partners, L.P. for $18.8 billion in September 2023, expanding its fee-based refined products and crude oil transportation business [11] Investment Ratings - ONEOK is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B [12] - The company has a Momentum Style Score of A, indicating strong upward price trends, with shares up 1.9% over the past four weeks [12] Earnings Estimates - Three analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.35 to $5.58 per share [12] - ONEOK has an average earnings surprise of +0.4%, suggesting a positive outlook on earnings performance [12] Investment Considerations - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ONEOK is recommended for investors' consideration [13]