ONEOK Inc. (OKE) shares have been accumulated by several institutional investors including Westwood Holdings Group Inc., Sourcerock Group LLC, USS Investment Management Ltd, and Nomura Holdings Inc., among others. The company reaffirmed its
2025 financial guidance, projecting higher first-quarter earnings, which was reflected in a price target adjustment by Scotiabank. However, Q2 Earnings estimates by US Capital Advisors were slashed. The energy firm recently
approved the 2025 Equity Incentive and Stock Award Plans and announced its first quarter 2025 conference call and webcast schedule.
In M&A, ONEOK has closed the acquisition of Medallion Midstream and announced a $7.0 billion notes offering. It's also set to acquire control of EnLink, which was facilitated by the unitholders' approval. Moreover, they have embarked on two
Joint Ventures with MPLX for an LPG export terminal development at a prime location on the U.S. Gulf Coast. ONEOK has announced an increased quarterly dividend of 4% and consistently demonstrates the potential to be a lucrative bet for Natural Gas investors, with a promising 2026 growth outlook.
Oneok OKE News Analytics from Mon, 05 Aug 2024 07:00:00 GMT to Sat, 24 May 2025 21:32:58 GMT -
Rating 7
- Innovation 1
- Information 7
- Rumor -5
