ONEOK Inc. (NYSE:OKE) Strategic Moves and Market Position

• The consensus price target for ONEOK, Inc. (NYSE:OKE) has decreased from $103.33 to $92 over the past year, with Raymond James setting a current price target of $75.
• ONEOK is anticipated to announce positive second-quarter earnings soon, highlighting its strong fee-based revenues and full ownership of Delaware G&P.
• The company's strategic acquisitions and organic growth projects position it well for long-term cash flow and EBITDA growth, with a nearly 5% dividend yield making it attractively valued.

ONEOK, Inc. (NYSE:OKE) is a key player in the U.S. natural gas industry, specializing in gathering, processing, storage, and transportation. The company operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. With a vast network of pipelines, ONEOK serves a diverse clientele, including exploration and production companies, propane distributors, and petrochemical firms.

Over the past year, the consensus price target for ONEOK has decreased from $103.33 to $92, as highlighted in the first paragraph. This decline may be due to various factors, including market conditions and changes in the natural gas industry. However, analysts from Raymond James have set a current price target of $75, indicating a more conservative outlook.

Despite the lower price target, ONEOK is expected to announce its second-quarter earnings soon, with positive results anticipated due to its full ownership of Delaware G&P and strong fee-based revenues. This upcoming earnings release is significant for investors, as it may provide insights into the company's financial health and future prospects.

ONEOK's strategic acquisitions and organic growth projects have expanded its infrastructure and diversified its portfolio, positioning the company well for long-term cash flow and EBITDA growth. The company's fee-based midstream model ensures resilient and steady growth, providing reliable dividends that are largely insulated from commodity price fluctuations.

The recent price pullback, combined with a nearly 5% dividend yield, makes ONEOK attractively valued. The integration of EnLink and Medallion assets, along with increasing LNG exports and Gulf Coast demand, positions the company for robust growth in EBITDA and EPS. Raymond James' price target of $75 suggests potential upside for investors, despite the current undervaluation compared to peers.

ONEOK, Inc. (NYSE:OKE) is a prominent player in the energy sector, primarily involved in the gathering, processing, storage, and transportation of natural gas. The company is headquartered in Tulsa, Oklahoma, and has established itself as a key player in the midstream energy market. ONEOK competes with other major energy companies like Kinder Morgan and Williams Companies.

On August 1, 2025, Raymond James updated its rating for ONEOK to "Outperform," with the stock priced at $78.02 at the time. This rating suggests that the stock is expected to perform better than the overall market. Despite this positive outlook, the associated action is "hold," indicating that investors might want to maintain their current positions rather than buying more shares.

ONEOK is set to release its second-quarter earnings results on August 4, 2025. Analysts expect the company to report earnings of $1.33 per share, consistent with the same period last year. However, a significant increase in quarterly revenue is anticipated, projected at $8.33 billion, up from $4.89 billion the previous year. This growth in revenue highlights the company's strong performance in the energy sector.

Investors are particularly interested in ONEOK due to its attractive dividend offerings. The company provides an annual dividend yield of 5.02%, with a quarterly dividend of $1.03 per share. To earn $500 monthly from ONEOK's dividends, an investor would need to own approximately 1,456 shares, valued at around $119,552. For a more modest goal of $100 monthly, an investor would require 291 shares, equating to an investment of approximately $23,800.

Currently, ONEOK's stock is priced at $78.58, reflecting a decrease of 4.30% with a change of $3.53. The stock has fluctuated between a low of $77.83 and a high of $80.32 during the day. Over the past year, it has reached a high of $118.07 and a low of $75.47. The company has a market capitalization of approximately $49.08 billion, with a trading volume of 973,258 shares on the NYSE today.

• Holly Stewart from Scotiabank sets a price target of $92 for NYSE:OKE, indicating a potential upside of approximately 12.77%.
• ONEOK's strategic acquisitions and focus on fee-based earnings aim to bolster its market position and operational footprint.
• The company plans to invest between $2.8 billion and $3.2 billion in capital projects to maintain competitiveness in the pipeline business.

ONEOK Inc. (NYSE:OKE) is a prominent player in the natural gas industry, focusing on gathering, processing, storage, and transportation of natural gas. The company has been actively expanding its operations through strategic acquisitions and capital investments. Despite facing stiff competition in the pipeline sector, ONEOK continues to strengthen its market position.

On July 15, 2025, Holly Stewart from Scotiabank set a price target of $92 for OKE, suggesting a potential upside of approximately 12.77% from its current trading price of $81.58. This optimistic outlook is supported by ONEOK's strategic moves, such as acquiring EnLink Midstream and gaining full control of Delaware G, which have bolstered its presence in high-production regions.

ONEOK's growth strategy includes a focus on fee-based earnings, with 90% of its revenue expected to come from these sources in 2025. The company plans to invest between $2.8 billion and $3.2 billion in capital projects, aiming to enhance its operational footprint. These investments are crucial for maintaining competitiveness in the pipeline business, where ONEOK holds a Zacks Rank #3 (Hold).

As of the latest trading session, ONEOK's stock price is $81.58, showing a slight increase of 0.30%. The stock has fluctuated between $80.73 and $81.68 during the day, with a market capitalization of approximately $50.96 billion. Over the past year, the stock has seen a high of $118.07 and a low of $75.47, reflecting its volatility in the market.

• ONEOK Inc. (NYSE:OKE) is expected to report a significant year-over-year increase in EPS and revenue for the quarter ending December 2024.
• The consensus EPS estimate has been revised downward by 0.9% over the past 30 days, indicating a reassessment by analysts.
• OKE's financial metrics, including a P/E ratio of approximately 20.6, a debt-to-equity ratio of about 1.66, and a current ratio of approximately 0.81, provide insight into its market position and financial health.

ONEOK Inc. (NYSE:OKE) is a prominent player in the energy sector, primarily involved in the gathering, processing, storage, and transportation of natural gas. As a key player in the industry, OKE faces competition from other energy companies like Kinder Morgan and Williams Companies. The company is set to release its quarterly earnings on February 24, 2025, with Wall Street analysts estimating an earnings per share (EPS) of $1.46 and projected revenue of $6.73 billion.

For the quarter ending December 2024, OKE is expected to report an EPS of $1.45, reflecting a significant 22.9% increase from the previous year. This growth is supported by anticipated revenues of $6.56 billion, marking a 25.2% year-over-year increase. Despite this positive outlook, the consensus EPS estimate has been revised downward by 0.9% over the past 30 days, indicating a reassessment by analysts.

Such revisions in earnings estimates are crucial as they often influence investor reactions and the short-term price performance of a stock. Empirical research shows a strong correlation between these trends and stock price movements. The upcoming earnings report could significantly impact OKE's stock movement, depending on whether the actual results surpass or fall short of expectations.

OKE's financial metrics provide insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 20.6, a price-to-sales ratio of about 3.1, and an enterprise value to sales ratio of around 4.48. Its enterprise value to operating cash flow ratio is approximately 18.26, and the earnings yield is roughly 4.85%. These figures help investors assess the company's valuation and profitability.

Additionally, OKE's debt-to-equity ratio is about 1.66, indicating its leverage level, while the current ratio is approximately 0.81, reflecting its short-term liquidity position. These metrics are essential for understanding the company's financial health and ability to meet its obligations. The management discussion during the earnings call will be crucial in assessing the sustainability of any immediate price changes and future earnings projections.

• ONEOK Inc. (NYSE:OKE) is expected to report a significant year-over-year increase in EPS and revenue for the quarter ending December 2024.
• The consensus EPS estimate has been revised downward by 0.9% over the past 30 days, indicating a reassessment by analysts.
• OKE's financial metrics, including a P/E ratio of approximately 20.6, a debt-to-equity ratio of about 1.66, and a current ratio of approximately 0.81, provide insight into its market position and financial health.

ONEOK Inc. (NYSE:OKE) is a prominent player in the energy sector, primarily involved in the gathering, processing, storage, and transportation of natural gas. As a key player in the industry, OKE faces competition from other energy companies like Kinder Morgan and Williams Companies. The company is set to release its quarterly earnings on February 24, 2025, with Wall Street analysts estimating an earnings per share (EPS) of $1.46 and projected revenue of $6.73 billion.

For the quarter ending December 2024, OKE is expected to report an EPS of $1.45, reflecting a significant 22.9% increase from the previous year. This growth is supported by anticipated revenues of $6.56 billion, marking a 25.2% year-over-year increase. Despite this positive outlook, the consensus EPS estimate has been revised downward by 0.9% over the past 30 days, indicating a reassessment by analysts.

Such revisions in earnings estimates are crucial as they often influence investor reactions and the short-term price performance of a stock. Empirical research shows a strong correlation between these trends and stock price movements. The upcoming earnings report could significantly impact OKE's stock movement, depending on whether the actual results surpass or fall short of expectations.

OKE's financial metrics provide insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 20.6, a price-to-sales ratio of about 3.1, and an enterprise value to sales ratio of around 4.48. Its enterprise value to operating cash flow ratio is approximately 18.26, and the earnings yield is roughly 4.85%. These figures help investors assess the company's valuation and profitability.

Additionally, OKE's debt-to-equity ratio is about 1.66, indicating its leverage level, while the current ratio is approximately 0.81, reflecting its short-term liquidity position. These metrics are essential for understanding the company's financial health and ability to meet its obligations. The management discussion during the earnings call will be crucial in assessing the sustainability of any immediate price changes and future earnings projections.

On Tuesday, April 30, 2024, before the market opens, ONEOK, Inc. (OKE:NYSE) is set to announce its quarterly earnings. Analysts on Wall Street are predicting an earnings per share (EPS) of 1.19 for the quarter, with expected revenue to be around $6.15 billion. This forecast sets a significant benchmark for the company as it prepares to share its financial performance with investors and the market at large.

The anticipation surrounding ONEOK's earnings report is largely based on its continued growth, particularly in the first quarter, driven by its strategic focus on fee-based contracts and an increase in natural gas gathering and processing volumes. According to Zacks Investment Research, these elements are expected to play a crucial role in the company's financial outcomes for the quarter. The emphasis on fee-based contracts is particularly noteworthy as it provides a stable revenue stream, which is less susceptible to the volatile nature of commodity prices. This strategy, coupled with the company's operational efficiency in managing higher volumes of natural gas, positions ONEOK for a potentially strong financial showing.

Moreover, the optimism from Zacks Investment Research about ONEOK potentially surpassing earnings expectations adds another layer of interest for investors. The combination of a strategic approach to revenue generation and operational excellence in handling increased natural gas volumes could be the key factors contributing to a favorable earnings report. This perspective suggests that ONEOK might not only meet but exceed the financial metrics that analysts and investors are closely watching.

Financial ratios further illuminate ONEOK's market position and financial health ahead of its earnings release. With a price-to-earnings (P/E) ratio of approximately 17.84, investors seem willing to pay a premium for ONEOK's earnings, indicating expectations of future growth. The company's price-to-sales (P/S) ratio of about 2.69 and an enterprise value to sales (EV/Sales) ratio of roughly 3.91 reflect the market's valuation of the company against its sales, suggesting a positive outlook on the company's revenue generation capabilities. Additionally, the enterprise value to operating cash flow (EV/OCF) ratio of approximately 15.46 highlights the company's valuation in relation to its operating cash flow, offering insights into the potential return on investment. Despite a debt-to-equity (D/E) ratio of about 1.32, indicating a higher level of debt relative to equity, the current ratio close to 0.90 shows the company's capability to cover its short-term liabilities with its short-term assets, underscoring a manageable financial structure.

As ONEOK prepares to unveil its quarterly earnings, the combination of strategic revenue generation methods, operational efficiencies, and solid financial ratios presents a compelling case for the company's potential to meet or exceed expectations. Investors and analysts alike will be keenly watching how these factors translate into the company's financial performance for the quarter, setting the stage for ONEOK's future growth trajectory.