ONEOK Inc. (OKE) merits attention as a promising
value and
momentum stock for the long term. Several wealth management and investment advisory companies have
gained and increased OKE stakes including AE Wealth Management LLC and J.W. Cole Advisors, Significantly, Benedict Financial Advisors Inc. and Ignite Planners LLC made substantial OKE purchases. However, shares have also been sold by companies like Universal Beteiligungs und Servicegesellschaft mbH, while Kovack Advisors and Kayne Anderson Capital Advisors LP have made acquisitions. Analysts suggest a potential
28.58% surge, and ONEOK's robust financial guidance supports positive forecasts. Despite the market gaining, OKE's stock performance has experienced declines. Nonetheless, key investment pivots include OKE's steady dividend declaration, higher earnings projections, and recent midstream ownership expansion. Additional consideration is given to Oak Thistle LLC's OKE holdings reduction, and the lowered ONEOK stock price expectation by Raymond James Financial. The recent acquisition of the remaining Delaware Basin JV interest by OKE underlines their strategic drive, while maintaining a strong $4.12 annual dividend. The future seems promising with ONEOK announcing joint ventures and setting a strategic update at an upcoming investor conference.
Oneok OKE News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sun, 27 Jul 2025 00:43:07 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -5
