ONEOK, Inc. – Consensus ‘buy’ rating and 3.8% Upside Potential

Broker Ratings
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ONEOK, Inc. which can be found using ticker (OKE) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $88.00 and $76.00 calculating the average target price we see $81.67. Given that the stocks previous close was at $78.70 this would imply there is now a potential upside of 3.8%. It’s also worth noting that there is a 50 day moving average of $75.67 and the 200 day moving average is $68.92. The market cap for the company is 45.44B. The stock price is currently at: $77.85 USD

The potential market cap would be $47,151,064,162 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 14.21, revenue per share of $36.50 and a 6.28% return on assets.

ONEOK, Inc. is a midstream service provider. The Company owns natural gas liquids (NGLs) systems, connecting NGL supply in the Rocky Mountain, Permian and Mid-Continent regions with market centers and a network of natural gas gathering, processing, storage, and transportation assets. The Company operates through three segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides midstream services to producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, and distribute NGLs and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region, which includes the Williston, Powder River and DJ Basins. The Company’s Natural Gas Pipelines segment, through its wholly owned assets, provides intrastate and interstate transportation and storage services to end-users.

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