ONEOK (OKE) to Release Quarterly Earnings on Monday

ONEOK (NYSE:OKE) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $7.20 billion for the quarter.

ONEOK (NYSE:OKE) last announced its quarterly earnings results on Tuesday, April 29th. The utilities provider reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.24). The company had revenue of $6.49 billion during the quarter, compared to analysts’ expectations of $8.23 billion. ONEOK had a return on equity of 15.58% and a net margin of 12.15%. During the same period last year, the firm earned $1.09 earnings per share. On average, analysts expect ONEOK to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ONEOK Price Performance

Shares of ONEOK stock opened at $79.02 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.67 and a quick ratio of 0.52. The business’s 50 day simple moving average is $81.42 and its two-hundred day simple moving average is $88.77. The stock has a market capitalization of $49.75 billion, a P/E ratio of 15.43, a price-to-earnings-growth ratio of 1.95 and a beta of 0.99. ONEOK has a one year low of $75.47 and a one year high of $118.07.

ONEOK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Friday, August 1st will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, August 1st. This represents a $4.12 annualized dividend and a dividend yield of 5.2%. ONEOK’s payout ratio is 80.47%.

Institutional Investors Weigh In On ONEOK

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OKE. Acadian Asset Management LLC purchased a new stake in shares of ONEOK in the first quarter worth $216,000. Brighton Jones LLC grew its stake in shares of ONEOK by 137.1% in the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock worth $1,534,000 after acquiring an additional 8,834 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of ONEOK by 0.8% in the first quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 137 shares during the last quarter. 69.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on OKE shares. Raymond James Financial reissued an “outperform” rating on shares of ONEOK in a research note on Friday. Royal Bank Of Canada reduced their target price on ONEOK from $100.00 to $94.00 and set a “sector perform” rating on the stock in a research note on Friday. Citigroup reduced their target price on ONEOK from $110.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Scotiabank set a $92.00 target price on ONEOK and gave the company a “sector outperform” rating in a research note on Tuesday, July 15th. Finally, TD Cowen started coverage on ONEOK in a research note on Monday, July 7th. They set a “hold” rating and a $91.00 target price on the stock. Six analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $104.57.

ONEOK Company Profile

ONEOK, Inc engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude.