# ONEOK, Inc. – Consensus ‘buy’ rating and 10.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/oneok-inc.consensus-buy-rating-and-10.5-upside-potential/4121134826
- Published: 2023-12-01T11:33:44+00:00
- Author: Charlotte Edwards

**ONEOK, Inc.** which can be found using ticker (OKE) have now 17 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between $80.00 and $65.00 calculating
the average target price we see $74.47. Now with the previous closing price of $
67.39 and the analysts are correct then we can expect a percentage increase in value
of 10.5%. There is a 50 day moving average of $65.99 and the 200 moving average 
now moves to $64.27. The company has a market capitalization of 40.11B. The current
share price for the company is: $68.85 USD

 The potential market cap would be $44,322,451,140 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 12.66, revenue per share of $38.80
and a 6.89% return on assets.

ONEOK, Inc. is a midstream service provider. The Company owns natural gas liquids(
NGLs) systems, connecting NGL supply in the Rocky Mountain, Permian and Mid-Continent
regions with market centers and a network of natural gas gathering, processing, 
storage, and transportation assets. The Company operates through three segments:
Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.
The Natural Gas Gathering and Processing segment provides midstream services to 
producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas
Liquids segment owns and operates facilities that gather, fractionate, and distribute
NGLs and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and
the Rocky Mountain region, which includes the Williston, Powder River and DJ Basins.
The Company’s Natural Gas Pipelines segment, through its wholly owned assets, provides
intrastate and interstate transportation and storage services to end-users.

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