# ONEOK, Inc.  Share Price Target ‘$87.64’, now 2.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/oneok-inc.share-price-target-87.64-now-2.2-upside-potential/4121168712
- Published: 2024-08-15T12:54:44+01:00
- Author: Charlotte Edwards

**ONEOK, Inc.** which can be found using ticker (OKE) have now 16 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $102.00 and $81.00 calculating the mean target share price
we have $87.64. (at the time of writing). Given that the stocks previous close was
at $85.74 this indicates there is a potential upside of 2.2%. The 50 day moving 
average now sits at $81.96 and the 200 day moving average is $75.54. The market 
capitalization for the company is 50.43B. The stock price is currently at: $86.34
USD

 The potential market cap would be $51,546,450,733 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 19.1, revenue per share of $34.58
and a 7.82% 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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