ONEOK, Inc. logo OKE - ONEOK, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 16
HOLD 23
SELL 0
STRONG
SELL
0
| PRICE TARGET: $97.78 DETAILS
HIGH: $106.00
LOW: $88.00
MEDIAN: $95.00
CONSENSUS: $97.78
UPSIDE: 2.46%

Stock News

ONEOK: Don't Chase The Price Or Yield And Forget Valuation (Downgrade)

ONEOK: Don't Chase The Price Or Yield And Forget Valuation (Downgrade)

ONEOK is downgraded to "Hold" as valuation limits clear double-digit annual total return potential despite strong fundamentals. OKE delivered record Q2 2026 results with 52.8% YoY revenue growth, robust NGL throughput, and raised 2026 EBITDA guidance to $8.35 billion. Growth is underpinned by data center-driven demand, new supply contracts, and a pipeline of expansion projects slated through 2028.

Aug 31, 2026 04:00 AM seekingalpha.com
ONEOK Announces Cash Tender Offers in Connection with $5 Billion Debt Repayment Plan

ONEOK Announces Cash Tender Offers in Connection with $5 Billion Debt Repayment Plan

TULSA, Okla., Aug. 30, 2026 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the commencement of cash tender offers ("Tender Offers") to purchase up to an aggregate principal amount that will not result in an aggregate purchase price that exceeds $2 billion (subject to increase or decrease by ONEOK, the "Aggregate Maximum Tender Amount") of its outstanding debt securities of the 20 series listed in the table below (the "Notes" and, each series, a "series of Notes"), subject to the order of priority (the "Acceptance Priority Levels") as set forth in the table below under "Acceptance Priority Level.

Aug 30, 2026 12:45 PM prnewswire.com
ONEOK to Acquire Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion

ONEOK to Acquire Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion

Acquisition Increases Momentum Toward the High End of ONEOK's Mid- to High- Single-Digit Adjusted EBITDA Growth Target Over the Next Five to Seven Years Expected to Be Immediately Accretive to Earnings and Free Cash Flow Per Share $9 Billion Minority Equity Investment from ApolloFunds Acquisition and $5 Billion Debt Extinguishment Accelerates Deleveraging to 3.25x Debt-to-EBITDA with  No Issuance of Common Equity Accelerates ONEOK's Flexibility for Capital Allocation Including Organic Growth, Potential Dividend Increases and Share Buybacks TULSA, Okla., Aug. 30, 2026 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has executed a definitive agreement to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for total cash consideration of $4.425 billion.

Aug 30, 2026 12:40 PM prnewswire.com

Price Targets