Bokf Na has sold 48,429 shares of
ONEOK, Inc., causing some market concern, however,
Bayesian Capital Management LP and
Bearing Point Capital LLC have respectively purchased 19,585 and 6,656 shares. Major banks like
Citigroup and
Deutsche Bank are reducing their holdings and expectations, which may suggest anticipated industry volatility. Notably,
ONEOK announced increased earnings for Q1 2025, upholding its financial guidance for the same year. The pipeline company offers a potential 33% upside in the midstream energy sector, though it is currently facing selling pressures. Still, it remains favorably viewed as a top socially responsible dividend stock. Various investment entities have taken positions in
ONEOK, signaling a robust institutional interest. Recently,
ONEOK closed the
Medallion Midstream acquisition and a-notes offering worth $7.0 billion. They have also declared quarterly dividends and announced joint ventures to build LPG export terminals. Despite mixed Analyst ratings, the overall investor sentiment seems positive towards ONEOK's future.
Oneok OKE News Analytics from Mon, 05 Aug 2024 07:00:00 GMT to Sat, 10 May 2025 22:09:45 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor 0