ONEOK, Inc.’s Stock Price Dips to $82.16, Experiencing a 6.49% Decline: Time to Buy or Bail?

ONEOK, Inc. (OKE)

82.16 USD -5.70 (-6.49%) Volume: 7.05M

ONEOK, Inc.’s stock price is currently valued at 82.16 USD, witnessing a drop of 6.49% this trading session with a trading volume of 7.05M. The company’s stock has experienced a year-to-date decrease of 18.17%, indicating a challenging financial year for the energy corporation.

Latest developments on ONEOK, Inc.

Oneok Inc. announced higher first quarter 2025 earnings and affirmed its 2025 financial guidance, but its stock underperformed compared to competitors. Despite lagging estimates, revenues increased year over year, with a diluted EPS of $1.04, missing the FactSet estimate of $1.24. The company’s strategic growth and strong performance were highlighted in the earnings report, although there was concern over a profit dip as costs rose. Lobbying updates and stock transactions, such as purchases by California State Teachers Retirement System and sales by various firms, also influenced market sentiment. Additionally, the impact of Saudi Arabia’s actions on crude oil prices, hitting $60 a barrel in the US, added to the market volatility affecting Oneok’s stock price movements today.

ONEOK, Inc. on Smartkarma

Analysts at Baptista Research have been closely monitoring Oneok Inc on Smartkarma, an independent investment research network. In their report titled “Will Oneok’s Mexico LNG Move Transform Their Future?”, the analysts express a bullish sentiment towards the company’s Q4 2024 earnings report, highlighting notable strategic and financial developments. They point out that Oneok reported higher earnings for both the quarter and the full year 2024, attributing it to strategic acquisitions and volume growth. The analysts anticipate positive financial prospects for Oneok in 2025, driven by expanded operations and infrastructure projects.

Another report by Baptista Research on Smartkarma, titled “ONEOK Inc.: Expanding Pipeline Infrastructure”, delves into the company’s Third Quarter 2024 Earnings report. The analysts acknowledge a series of operational successes and strategic acquisitions by Oneok, showcasing both growth potential and challenges ahead. With a diversified set of energy assets, Oneok demonstrated robust financial performance, highlighting its resilience in a competitive and volatile energy market. Baptista Research aims to evaluate various factors influencing the company’s price in the near future and conduct an independent valuation using a Discounted Cash Flow methodology.

A look at ONEOK, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Oneok Inc, a diversified energy company involved in the natural gas and natural gas liquids business across the United States, has received a positive overall outlook based on Smartkarma Smart Scores. With high scores in Dividend and Momentum, the company is showing strength in these areas, indicating potential for long-term stability and growth.

Although Oneok Inc scores moderately in Value, Growth, and Resilience, the company’s strong performance in Dividend and Momentum suggests a promising future outlook. Investors may find Oneok Inc to be a reliable choice for potential returns and steady growth in the energy sector.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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