Added to YB: 2026-03-13
Pitch date: 2026-01-15
OKE [bullish]
ONEOK, Inc.
+18.63%
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
$53.3B
Pitch Price
$71.59
Price Target
115.00 (+34%)
Dividend
5.05%
EV/EBITDA
11.19
P/E
15.62
EV/Sales
2.57
Sector
Oil, Gas and Consumable Fuels
Category
dividend
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.
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