- Oneok reported a fourth-quarter Adjusted EBITDA of $2.17 billion, representing a 44% year-over-year increase, surpassing estimates of $1.99 billion.
- The Natural Gas Gathering and Processing segment achieved an adjusted EBITDA of $489 million, exceeding expectations and showing a 51% increase year-over-year.
- Adjusted EBITDA for the Natural Gas Pipelines segment was $417 million, a significant increase from $132 million in the previous year and exceeding the estimated $172.3 million.
- Earnings per share (EPS) rose to $1.57, compared to $1.18 in the previous year.
- ONEOK’s strong 2024 performance was attributed to strategic acquisitions, volume growth, and fee-based earnings, as stated by CEO Pierce H. Norton II.
- Analyst ratings include 12 buys, 7 holds, and 1 sell recommendation for ONEOK.
Oneok Inc on Smartkarma
Analyst coverage of Oneok Inc on Smartkarma by Baptista Research has shed light on the company’s recent performance and strategic moves. Baptista Research, in their report titled “ONEOK Inc.: Expanding Pipeline Infrastructure,” highlighted the operational successes and strategic acquisitions outlined in ONEOK’s Third Quarter 2024 Earnings report. The report delves into the growth potential and challenges that lie ahead for the company, emphasizing its diversified energy assets and strong financial performance in the competitive energy market. Moreover, Baptista Research aims to analyze the various factors influencing Oneok’s stock price in the near future and will conduct an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.
A look at Oneok Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 deeply entrenched in the natural gas and natural gas liquids sectors spanning the United States, presents an intriguing long-term outlook based on the Smartkarma Smart Scores analysis. With a robust Momentum score of 5, the company showcases strong upward trends, indicative of favorable market sentiment and performance. Oneok’s above-average scores in Dividend at 4 and Growth at 4 highlight its consistent payout to investors and potential for expanding operations. However, the Resilience score of 2 may signal areas of vulnerability that investors should be mindful of, despite the company’s overall positive outlook.
Noteworthy are Oneok Inc‘s Value score of 3, underlining a reasonable valuation compared to its peers. Investors eyeing a company with a solid dividend track record and growth potential may find Oneok Inc an attractive proposition. While the company faces some resilience challenges, its strong momentum and dividend attributes position it well for potential long-term success 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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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