ONEOK Inc has made several announcements, which have prompted varying reactions from investors and analysts. This year's annual meetings were scheduled and the date for shareholders to vote announced. The company's Q4 2024 earnings highlighted strong financial performance and a promising outlook, prompting firms like Tower Bridge Advisors, Ieq Capital LLC, Lake Street Advisors Group LLC, and Los Angeles Capital Management LLC to boost their positions in the company. However, other entities such as Bank of New York Mellon Corp, Todd Asset Management LLC, Dividend Assets Capital LLC and ING Groep NV, reduced their stockholdings. Wells Fargo lowered the price target for ONEOK, due to disappointing revenues in the company's full-year 2024 earnings. Despite the revenue shortfall, the company's Q4 earnings surpassed estimates accounting for an increase year over year. Oneok’s recent Activities include the acquisition of the remaining publicly held common units in EnLink Midstream, significant growth in Q4 income, advancing beyond estimates and a new $3.5 billion credit arrangement. The future outlook for the company is optimistic due to substantial EBITDA growth and targeted expansions.
Oneok OKE News Analytics from Wed, 28 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 10:35:28 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor -4
