The market has witnessed the
Oneok Inc. (OKE) stock's decline while it improves, as
Barclays issue low forecast for the stock price, and
Scotiabank reduced price target to $102. Meanwhile, multiple investment firms such as
Raymond James Financial Inc,
Bahl & Gaynor Inc, and
LGT Fund Management Co Ltd have invested considerable amounts in Oneok stock. Moreover, the company has scheduled its 2025 Annual meeting for shareholders, and significant share acquisitions and divestures are occurring. Notably,
Oneok's Q4 earnings surpassed estimates, and the company has a promising outlook. Furthermore, Oneok has announced joint ventures with
MPLX and plans to build an LPG export terminal. Additionally, the company announced an acquisition of
Medallion and controlling interest in
EnLink from Global Infrastructure Partners in transactions valued at $5.9 billion. Lastly, Oneok has seen an increase in its quarterly dividend and strengthened its financial position with the completion of NGL Fractionation and pipeline expansion projects.
Oneok OKE News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:52:51 GMT -
Rating -5
- Innovation 0
- Information 7
- Rumor -3
