After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted ONEOK to Participate in Upcoming Investor Conferences.
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Stocks Info
Oneok Inc. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Midstream industry. The current market capitalization of Oneok Inc. is $44.65B. A total of 4.36 million shares were traded on the day, compared to an average of 3.60M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OKE has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 800 shares. Over the last 12 months, there were 10 BUYs and 3 SELLs from insiders. Insiders purchased 63,594 shares during that period but sold 8,860.
In the most recent transaction, Smith Wayne Thomas bought 2,700 shares of OKE for 75.25 per share on Mar 01. After the transaction, the Director now owns 2,700 company shares. In a previous transaction on Dec 22, RODRIGUEZ EDUARDO A sold 800 shares at 70.29 per share. OKE shares that Director owns now total 25,154.
Among the insiders who bought shares, NORTON PIERCE acquired of 24,607 shares on Jun 29 at a per-share price of $60.96. This resulted in the President & CEO holding 42,017 shares of OKE after the transaction. In another insider transaction, DERKSEN BRIAN L bought 4,900 shares at $59.59 per share on Jun 28. Company shares held by the Director now total 18,700.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Oneok Inc. pays an annual dividend of $3.85, resulting in a dividend yield of 5.04%, and it has a price to earnings (P/E) ratio of 13.81. OKE’s most recent ex-dividend date was 1/29/2024 when it declared a $0.99 quarterly dividend that was paid in cash on 2/14/2024. Previously, the company paid the dividend on 11/14/2023 with an ex-dividend date of 10/31/2023. The OKE stock dividend was $0.9550 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OKE has a high of $75.68 and a low of $55.91.
As of this writing, OKE has an earnings estimate of $1.23 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.29 per share and a lower estimate of $1.17. The company reported an EPS of $0.99 in the last quarter, which was -5.70% lower than expectations of $1.05.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OKE’s latest balance sheet shows that the firm has $146.39M in Cash & Short Term Investments as of fiscal 2021. There were $13.73B in debt and $3.18B in liabilities at the time. Its Book Value Per Share was $28.27, while its Total Shareholder’s Equity was $6.02B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OKE is Buy with a score of 4.11.
