why is oke stock dropping

ByMaksim L.

Sep 14, 2022

Is OKE a buy?

Out of 12 analysts, 1 (8.33%) are recommending OKE as a Strong Buy, 2 (16.67%) are recommending OKE as a Buy, 8 (66.67%) are recommending OKE as a Hold, 1 (8.33%) are recommending OKE as a Sell, and 0 (0%) are recommending OKE as a Strong Sell. If you’re new to stock investing, here’s how to buy Oneok stock.

Will OKE stock go up?

The 16 analysts offering 12-month price forecasts for ONEOK Inc have a median target of 69.50, with a high estimate of 80.00 and a low estimate of 58.00. The median estimate represents a +13.38% increase from the last price of 61.30.

Does OKE pay a dividend?

OKE pays a dividend of $3.74 per share. OKE’s annual dividend yield is 6.19%. Oneok’s dividend is lower than the US industry average of 6.46%, and it is higher than the US market average of 3.82%.

What does Oneok Inc do?

(pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owner of one of the nation’s premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, …

Is OKE undervalued?

(NYSE:OKE) Suggests It’s 27% Undervalued.

Is Phillips 66 a good stock to buy?

PSX is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. We should also highlight that PSX has a P/B ratio of 1.70. The P/B ratio pits a stock’s market value against its book value, which is defined as total assets minus total liabilities.

Who bought Oneok?

ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) announced a definitive agreement under which ONEOK will acquire all of the outstanding common units of ONEOK Partners it does not already own for $9.3 billion in ONEOK common stock.

Is Chimera a good investment?

Chimera Investment is particularly appealing as a high yield dividend investment because the trust covers its dividend with distributable earnings and the stock can be purchased at a significant discount to book value.

Is EPD a buy or sell?

Zacks Rank Definition Annualized Return
1 Strong Buy 24.75%
2 Buy 18.15%
3 Hold 9.70%
4 Sell 5.35%

How many times does Oke pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 0.9.

Does Oneok issue a K 1?

Payment Date Amount / Unit
5/15/2017 $0.79
2/14/2017 $0.79

Is EPD dividend return of capital?

Over the past 6 years of historical data, EPD has returned more capital to shareholders through its dividend issuances than 96.62% of other dividend-paying US stocks. EPD has a compound annual growth rate of its cash flow of 0.43%, higher than about 89.91% stocks in our dividend set.

Does ONEOK own one gas?

(“ONE Gas”), a wholly owned subsidiary of ONEOK, to ONEOK shareholders (the “Distribution”).

How many employees does ONEOK have?

Type Public company
Net income US$305.45 million (2009)
Total assets US$12.8 billion (2009)
Number of employees 2,684 (2019)
Website oneok.com

What industry is Oke in?

Description. ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.

Is Kinder Morgan stock a good buy?

The Kinder Morgan stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

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