At the end of the last trading day, Oneok Inc. (OKE) was priced at $89.57, which represents a decrease of 0.19% compared to the previous day.
At the end of the last trading day, Oneok Inc. (OKE) was priced at $89.57, which represents a decrease of 0.19% compared to the previous day.
ONEOK has strengthened its position in the midstream sector by acquiring EnLink Midstream and Medallion, improving its NGL value chain and crude oil infrastructure. The company has raised its dividend to $1.03 per share and started buying back shares, which shows it is focused on providing good returns for its shareholders. Additionally, ONEOK's new LPG export terminal project and positive growth forecasts for 2025-2027 suggest a bright future, with an expected annual return of 12.1%.
TULSA, Okla., Feb. 27, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) is set to conduct its annual shareholder meeting for 2025 at 9 a.m.
Recently, four midstream companies have shared their financial forecasts for 2025, and some have even extended their predictions into 2026. Targa Resources (TRGP), DT Midstream (DTM), Cheniere (LNG), and ONEOK (OKE) have all indicated expected growth in EBITDA for this year.
Jenny Harrington, the CEO of Gilman Hill Asset Management, appears on CNBC's "Halftime Report" to explain her approach to energy investments.
OKE's earnings and revenues for the fourth quarter exceeded expectations. The company intends to invest between $2.8 billion and $3.2 billion in 2025 to enhance its operations.
While the revenue and earnings per share (EPS) for Oneok (OKE) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Oneok Inc. (OKE) reported quarterly earnings of $1.57 per share, which is higher than the Zacks Consensus Estimate of $1.45 per share. This is an increase compared to earnings of $1.18 per share from the same period last year.
ONEOK, Inc. (NYSE: OKE) announced its financial expectations for 2025, highlighting that they are driven by increased volume, finished projects, and expanded operations. The company also shared its growth outlook for 2026. This announcement was made on February 24, 2025, in Tulsa, Oklahoma.