Diverse investment entities are actively acquiring significant stakes in ONEOK, Inc. (NYSE:OKE) such as GQG Partners, Mitsubishi UFJ Trust & Banking and KLP Kapitalforvaltning to mention a few. Furthermore, market analysts have given a favorable outlook on the company's future performance. Jim Cramer, renowned investment commentator, stated that OKE is the best-run pipeline and is a worthy addition to any portfolio. OKE's stock also saw up-movement post-annual earnings report rising by 6.9%. Q1 Earnings Forecast from US Capital Advisors appears optimistic.
Financial Guidance for 2025 and 2026 outlines steady growth. Joint ventures with MPLX to build LPG Export Terminal on U.S. Gulf Coast articulates strategic business developments. Furthermore, ONEOK boosts investors' confidence by increasing its quarterly dividend by 4%, announcing a $2B buyback plan, and showcasing a robust Q4 earnings report. It also continues growing through acquisitions of EnLink Midstream and Medallion Midstream.
Oneok OKE News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sun, 30 Mar 2025 00:34:50 GMT - Rating 8 - Innovation 2 - Information 8 - Rumor 5
