ONEOK, Inc. with ticker code (OKE) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 80 and 61 and has a mean target at $71.73. Given that the stocks previous close was at $65.38 this is indicating there is a potential upside of 9.7%. The 50 day moving average now sits at $64.03 and the 200 moving average now moves to $64.46. The total market capitalization for the company now stands at 29.21B. The current share price for the company is: 65.25 USD
The potential market cap would be $32,047,877,829 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 12.04, 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.
