ONEOK Inc, an energy corporation specializing in natural gas, has been notable in recent news for various reasons. Some of the main points include the corporation's planned announcement of its
Q2 Earnings, and a pipeline expansion to the
Greater Denver Area. Their
Refined Products Pipeline is expected to bolster the company's operations with a potential increase in their market value.
ONEOK has reportedly underperformed the market, yet there has been an improvement in
Relative Strength. The company has launched its
2024 Sustainable Report and data shows institutional owners holding 70% of the corporation. A significant purchase of shares by
Price T Rowe Associates Inc. MD and the acquisition of
Easton's NGL Pipeline System for $280M were highlighted. Additionally, Oneok's market performance showed strength with gains even as the market dipped. The
Shares consensus being Hold from analysts, and a price target raised to $83.00.
Oneok OKE News Analytics from Mon, 25 Sep 2023 07:00:00 GMT to Sat, 03 Aug 2024 17:15:42 GMT -
Rating 6
- Innovation 0
- Information 7
- Rumor 3