Shares of Utilities sector company ONEOK moved 2.9% today, and are now trading at a price of $107.16. The Large-Cap stock's daily volume was 3,578,840 compared to its average volume of 2,694,451. The S&P 500 index returned a 0.0% performance.
ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. The company is based in Tulsa and has 4,775 full time employees. Its market capitalization is $62,601,158,656. ONEOK currently offers its equity investors a dividend that yields 3.8% per year.
15 analysts are following ONEOK and have set target prices ranging from $89.43 to $112.0 per share. On average, they have given the company a rating of buy. At today's prices, OKE is trading 3.54% away from its average analyst target price of $103.5 per share.
Over the last year, OKE's share price has increased by 65.7%, which represents a difference of 29.8% when compared to the S&P 500. The stock's 52 week high is $107.2 per share whereas its 52 week low is $63.77. With average free cash flows of $704.39 Million that have been growing at an average rate of 128.6% over the last 5 years, ONEOK is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,421,000 | 1,595,000 | 2,826,000 | 65.85 |
| 2022 | 2,906,000 | 1,202,000 | 1,704,000 | -7.84 |
| 2021 | 2,546,000 | 697,000 | 1,849,000 | 724.0 |
| 2020 | 1,899,068 | 2,195,381 | -296,313 | 84.42 |
| 2019 | 1,946,779 | 3,848,349 | -1,901,570 | -4302.92 |
| 2018 | 2,186,719 | 2,141,475 | 45,244 |
