Added to YB: 2026-03-10
Pitch date: 2026-03-07
OKE [bullish]
ONEOK, Inc.
+0.71%
current return
Author Info
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Company Info
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.
Market Cap
$55.1B
Pitch Price
$86.88
Price Target
130.00 (+49%)
Dividend
4.89%
EV/EBITDA
11.42
P/E
16.14
EV/Sales
2.62
Sector
Oil, Gas and Consumable Fuels
Category
value
Oneok ($OKE) - stuck in the value pipeline
OKE: 60k-mile pipeline network, 90% fee-based earnings, insulated from commodity volatility. Magellan/EnLink/Medallion acquisitions drive $8.1B 2026 EBITDA guidance w/ $250M synergies. Positioned for AI/data center nat gas demand (6.15% CAGR thru 2030); Qatar LNG shutdown boosts US export value. 4.93% div yield, 1.7x FCF coverage. Deleveraging to 3.5x debt/EBITDA by 2027. Trades 15.5x P/E vs 20x historical avg. PT $130 on re-rating catalysts: debt reduction + hyperscaler contracts.
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