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Latest OKE News From Around the Web
Below are the latest news stories about Oneok Inc that investors may wish to consider to help them evaluate OKE as an investment opportunity.
What happened Shares of ONEOK (NYSE: OKE) jumped 31.3% in May, according to data provided by S&P Global Market Intelligence. Several factors fueled that rally, including a rebound in the oil market and the pipeline company's ability to access funding.
ONEOK (Oneok) (NYSE: OKE) is a midstream company with an impressive portfolio of natural gas assets. The company's natural gas asset base means that it is more capable of surviving the downturn than other companies - not only is natural gas demand much less transportation-based, but natural gas prices have...
Oneok (OKE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ONEOK believes it can navigate through the oil industry's current rough patch while leaving its dividend intact.
ONEOK, Inc. (NYSE: OKE) will participate in the Bernstein Strategic Decisions Virtual Conference on May 27-28, 2020.
Moody's Investors Service, ("Moody's") affirmed ONEOK, Inc.'s (ONEOK) and ONEOK Partners, L.P.'s senior unsecured Baa3 ratings and P-3 commercial paper ratings and changed the outlook to stable from positive. "The stable outlook recognizes ONEOK's flexibility to scale down capital investment and maintain its balance sheet and adequate liquidity through 2020, amid the rapid decline in E&P activity in its key basins, as well as its capacity and resolve to return to the deleveraging path in 2021," said Elena Nadtotchi, Senior Credit Officer at Moody's.
Pipeline giants Kinder Morgan (NYSE: KMI) and ONEOK (NYSE: OKE) have been pummeled this year due to all the turbulence in the oil market. Kinder Morgan's stock has tumbled more than 25%, while shares of ONEOK plunged more than 50%.
Those holding ONEOK (NYSE:OKE) shares must be pleased that the share price has rebounded 31% in the last thirty days...
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Q1 2020 ONEOK Inc Earnings Call