ONEOK (OKE) continues to commandeer investor interest, amid steady dividends, new pipeline projects, and the acquisition of the remaining interest in Delaware Basin JV. Yet, a recent $1.9 billion drop has raised investor concerns, leading to lowered positions from institutions like Commonwealth Equity Services LLC and Gateway Investment Advisers LLC. Despite this, the midstream stock has emerged as a powerhouse in the Permian Basin and offers strong passive income potential. Remarkably, analysts have proclaimed the stock under-estimated and expect a rally, with Morgan Stanley and Bank of America reiterating a 'Buy' rating. However, the valuation has been under scrutiny due to share price fluctuations and subtle shifts in the stock performance. Yet, recent Q3 earnings surpassed estimates underlining significant growth. Barclays reduced the company's target price to $78 ahead of the Q3 2025 earnings report, triggering a decline in the margin. Still, the discounted valuation persists as many experts remain bullish. Goldman Sachs maintains a neutral position despite acknowledging the acquisitions' boost. With advanced strategic growth plans, laughable projected earnings growth, and appealing shareholders' value, the 'Buy' consensus sways in the company's favor.
Oneok OKE News Analytics from Tue, 01 Apr 2025 07:00:00 GMT to Fri, 09 Jan 2026 13:04:12 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -5
