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Added to YB: 2026-03-13

Pitch date: 2026-01-15

OKE [bullish]

ONEOK, Inc.

+22.57%

current return

Author Info

No bio for this author

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

$71.59

Price Target

115.00 (+31%)

Dividend

4.89%

EV/EBITDA

11.42

P/E

16.14

EV/Sales

2.62

Sector

Oil, Gas and Consumable Fuels

Category

dividend

Show full summary:
ONEOK, Inc. - $OKE

OKE: Top U.S. midstream w/ 60K mi pipeline network across NGLs, refined products, crude & nat gas. 90%+ fee-based rev, 5%+ yield. Magellan, EnLink, Medallion M&A expanding scale in Permian/Bakken; $250M+ synergies 2025. Leverage ~4x, target 3.5x by 2027. Fair value $115/share. Growth from LNG export, datacenters, stranded Permian gas. Risks: integration execution, leverage, volume decline. 80% FCF to dividends/buybacks post-deleveraging.

Read full article (6 min)