ONEOK, Inc. – Consensus ‘buy’ rating and 5.7% Upside Potential

Broker Ratings
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ONEOK, Inc. which can be found using ticker (OKE) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $85.00 and $65.00 with the average target price sitting at $75.67. Now with the previous closing price of $71.59 this would indicate that there is a potential upside of 5.7%. It’s also worth noting that there is a 50 day moving average of $67.71 and the 200 moving average now moves to $64.78. The company has a market cap of 41.52B. The stock price for the company is currently is currently $71.27 USD

The potential market cap would be $43,884,591,551 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 13.1, revenue per share of $38.80 and a 5.45% 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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