ONEOK, Inc. (OKE) has seen fluctuating forecasts due to softening oil price outlooks. Meanwhile, various funds are showing interest in the stock, leading to purchases and sales of OKE shares.
Alpine Woods Capital Investors and
Lbp Am Sa both sold their OKE shares, while several firms including
Round Rock Advisors, Nisa Investment Advisors, and
Principal Financial Group, have invested significantly in ONEOK. Some financial institutions like
Barclays maintained their 'Hold' rating on OKE. To increase their midstream ownership, ONEOK has been making acquisitions like the remaining interest in Delaware Basin JV and completing the EnLink merger while planning
joint ventures with companies like MPLX. Despite ONEOK's shares sliding due to softening oil prices, analysts at TD Cowen initiated coverage on the stock, citing limited growth outlook. The company declared an increased quarterly dividend and has announced higher Q1 2025 earnings, affirming their 2025 financial guidance.
Oneok OKE News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 12 Jul 2025 22:24:58 GMT -
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