ONEOK, Inc.(NYSE:OKE) has been intensely active in both acquisition and investors' portfolio alterations. The energy giant has set the Q2 2025 earnings release date and exhibited promising first-quarter earnings concurrent with 2025 financial guidance affirmations. It has seen a strong buying sentiment from institutes like Concurrent Investment Advisors, LLC, SL Advisors, LLC, and Aurora Private Wealth, Inc.. Meanwhile, the energy firm's revenue forecasts underwent an 11% increase by industry analysts. ONEOK has expanded midstream ownership, following Scotiabank's forecast adjustments. It strategically acquired the remaining interest in Delaware Basin JV and completed a $4.3 billion EnLink merger. Furthermore, ONEOK, partnering with MPLX, initiated the construction of an LPG export terminal at a premier U.S. Gulf Coast location. Despite certain share-selling occurrences, JPMorgan has increased ONEOK's price target to $97.00. The company maintains a robust pipeline network, solidifying its $4.12 annual dividend, and its 2025 financial guidance reveals promising growth prospects. However, Q1 2025 earnings patterns missed expectations despite strong growth and strategic acquisitions.
Oneok OKE News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 12:59:57 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 3
