ONEOK, Inc. – Consensus ‘buy’ rating and 8.3% Upside Potential

Broker Ratings
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ONEOK, Inc. with ticker code (OKE) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 80 and 61 calculating the average target price we see $71.73. Given that the stocks previous close was at $66.24 this would indicate that there is a potential upside of 8.3%. The day 50 moving average is $62.91 and the 200 day moving average is $64.19. The company has a market cap of 29.52B. The stock price for the company is currently 65.95 USD

The potential market cap would be $31,971,067,022 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 12.42, revenue per share of 42.86 and a 9.27% 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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