ONEOK, Inc. which can be found using ticker (OKE) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $86.00 and $68.00 with the average share target price sitting at $77.24. (at the time of writing). Given that the stocks previous close was at $70.23 this is indicating there is a potential upside of 10.0%. It’s also worth noting that there is a 50 day moving average of $69.43 and the 200 moving average now moves to $65.36. The company has a market capitalization of 40.63B. The stock price for the company is currently is currently $69.74 USD
The potential market cap would be $44,682,296,047 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 12.82, 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.
