ONEOK Inc. (OKE), an energy sector contender, has undergone significant examinations and evaluations recently. Its price target has been increased to $
85.00, however, this didn't result in an immediate knee-jerk buy from investors. There has been a mixed response with some asset management companies increasing their holdings while others reduced sharply. One significant activity is 1832 Asset Management L.P. initiating a brand new investment in ONEOK. The corporation's stock demonstrates mixed performance with some underperformances on certain days compared to rivals. Positive news was ONEOK's plans to expand its pipeline capacity to Denver. However, its Q1 2024 earnings were less than anticipated, causing some fluctuations. The acquisition of Easton's NGL Pipeline System for
$280M stood out as a noteworthy deal. ONEOK's dividend yield is attractive, announced at $
0.99 per share on August 14th. Despite some market slippage, ONEOK has seen a fair appreciation, if an investor held the stock for the past three years, they would have experienced a
82% gain.
Oneok OKE News Analytics from Thu, 18 Jan 2024 08:00:00 GMT to Sun, 28 Jul 2024 17:47:44 GMT -
Rating -1
- Innovation 3
- Information 7
- Rumor 3
