Oneok
About: Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation and natural gas liquids transportation and fractionation. It also operates a refined product and crude oil segment connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.
Employees: 4,775
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
87% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 85
10% more capital invested
Capital invested by funds: $34B [Q2] → $37.3B (+$3.35B) [Q3]
4% more funds holding
Funds holding: 1,379 [Q2] → 1,430 (+51) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 522 | Existing positions reduced: 481
0% more funds holding in top 10
Funds holding in top 10: 39 [Q2] → 39 (+0) [Q3]
0.8% less ownership
Funds ownership: 71.38% [Q2] → 70.58% (-0.8%) [Q3]
5% less call options, than puts
Call options by funds: $535M | Put options by funds: $565M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Scotiabank Brandon Bingham 67% 1-year accuracy 2 / 3 met price target | 1%downside $109 | Sector Outperform Reinstated | 10 Jan 2025 |
Wells Fargo Michael Blum 79% 1-year accuracy 27 / 34 met price target | 3%downside $107 | Equal-Weight Downgraded | 18 Dec 2024 |
Truist Securities Neal Dingmann 61% 1-year accuracy 97 / 159 met price target | 3%downside $107 | Hold Maintained | 3 Dec 2024 |
UBS Brian Reynolds 89% 1-year accuracy 8 / 9 met price target | 20%upside $132 | Buy Maintained | 15 Nov 2024 |
Barclays Theresa Chen 50% 1-year accuracy 14 / 28 met price target | 10%downside $99 | Equal-Weight Maintained | 4 Nov 2024 |
Financial journalist opinion
Based on 15 articles about OKE published over the past 30 days