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ONEOK, Inc. (NYSE: OKE) Financial Overview and Dividend Increase
Financial Modeling Prep· 2026-01-28 23:10
Company Overview - ONEOK, Inc. is a significant player in the energy sector, focusing on midstream services with a 60,000-mile pipeline network essential for energy resource management [1] Stock Performance - As of the latest data, the stock price of OKE is $78.96, showing a slight increase of 1.57% or $1.22 from previous trading [2] - The stock has fluctuated between $77.50 and $79.90 during the trading day, indicating active trading [2] - The stock has a 52-week high of $103.64 and a low of $64.02, reflecting notable volatility [4] Market Analysis - Robert Kad from Morgan Stanley has set a price target of $104 for OKE, suggesting a potential increase of about 30.87% from the current price [2][5] - The market capitalization of OKE is approximately $49.68 billion, positioning it as a substantial entity in the energy sector [4] Dividend Information - OKE has announced a 4% increase in its quarterly dividend, raising it to $1.07 per share, which results in an annualized dividend of $4.28 per share [3][5] - The dividend payment is scheduled for February 13, 2026, to shareholders recorded by February 2, 2026, demonstrating the company's commitment to shareholder value [3]