Oneok Inc. (OKE): A Case For Going Higher

After Hours

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Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. The current market capitalization of Oneok Inc. is $46.19B. A total of 2.2 million shares were traded on the day, compared to an average of 2.95M shares.

In the most recent transaction, Smith Wayne Thomas bought 2,700 shares of OKE for 75.25 per share on Mar 01 ’24. After the transaction, the Director now owns 2,700 company shares. In a previous transaction on Dec 22 ’23, 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 ’23 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 ’23. Company shares held by the Director now total 18,700.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Oneok Inc. pays an annual dividend of $3.89, resulting in a dividend yield of 4.92%, and it has a price to earnings (P/E) ratio of 18.42. OKE’s most recent ex-dividend date was 4/30/2024 when it declared a $0.99 quarterly dividend that was paid in cash on 5/15/2024. Previously, the company paid the dividend on 2/14/2024 with an ex-dividend date of 1/29/2024. The OKE stock dividend was $0.99 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, OKE has a high of $81.81 and a low of $55.91.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $28.18, while its Total Shareholder’s Equity was $6.02B.

Analysts Opinion

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. 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 4.06.

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