ONEOK Inc. has maintained a strong annual dividend of $4.12 and has declared a consistent quarterly dividend of $1.03 per share, with key dates and payment details released. Additionally, they have registered strong earnings, including a higher first quarter in 2025 and reconfirmation of their 2025 financial guidance. Despite some slight downtick in numbers, the company continues to attract several investment firms. Wealthfront Advisers, Bridgewater Advisors, Lipe & Dalton and New York State Common Retirement Fund have all increased their holdings, which contrasts with some other firms reducing their stakes. ONEOK has shown positive inflate due to analyst upgrades and institutional inflows, leading to a 2.45% surge. Strategic growth is evident as ONEOK expands midstream ownership after acquiring the remaining interest in Delaware Basin JV. Furthermore, the portfolio benefits from the company's increased trading volumes, and ONEOK continues its acquisitions and strategic spending spree. It finally completed its $4.3B deal to finalize EnLink Merger and also announced joint ventures with MPLX. Despite a downturn in the oil price outlook, Jim Cramer believes ONEOK is the best-run pipeline and advises to keep buying.
Oneok OKE News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 19:05:44 GMT -
Rating 6
- Innovation 2
- Rumor 4
