Analysts Weigh ONEOK, Inc. (OKE)’s Strategic Growth Plans and the Challenges of a Shifting Energy Market

Core Insights - ONEOK, Inc. (NYSE:OKE) is recognized for its significant upside potential and is included in the list of the 11 Best Retirement Stocks to Buy According to Analysts [1] - Analysts are evaluating ONEOK's strategic growth plans amidst the challenges posed by a shifting energy market [2] Company Developments - ONEOK is expanding its operations in the Permian Basin and is pursuing the Sun Belt Connector pipeline from Texas to Arizona to enhance transport capacity [3] - The company is expected to strengthen its competitive position with its wellhead-to-water NGL system in the Permian, although careful execution is necessary to achieve the anticipated returns [3] Analyst Ratings - Barclays has maintained a 'Hold' rating on ONEOK with a price target set at $83 [4] - The company is recognized as a midstream service provider offering various services including gathering, processing, fractionation, transportation, storage, and marine export in the U.S. [4]