OKE

Consider Our Overview Before Taking a Position in OKE

Large-cap Utilities company ONEOK has logged a 1.9% change today on a trading volume of 6,390,503. The average volume for the stock is 5,307,136.

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. Based in Tulsa, United States the company has 2,966 full time employees and a market cap of $39,968,821,248. ONEOK currently offers its equity investors a dividend that yields 5.7% per year.

The company is now trading -9.33% away from its average analyst target price of $75.67 per share. The 18 analysts following the stock have set target prices ranging from $65.0 to $85.0, and on average give ONEOK a rating of buy.

Over the last 52 weeks, OKE stock has risen 4.1%, which amounts to a -16.8% difference compared to the S&P 500. The stock's 52 week high is $71.57 whereas its 52 week low is $55.91 per share. Based on ONEOK's average net margin growth of 1.1% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 19,198,892 2,456,221 13 62.5
2022 22,386,892 1,722,221 8 -11.11
2021 16,540,309 1,499,706 9 0.0
2020 8,542,242 802,316 9 -43.75
2019 10,164,367 1,650,991 16 33.33
2018 12,593,196 1,514,606 12
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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