ONEOK Inc. ($OKE) Stock Forecast: Down 1.6% Today

What is ONEOK Inc.?

ONEOK (OKE) is a company in the midstream energy sector in North America that faced a notable bearish trend in the stock market.

Why is ONEOK Inc. going down?

OKE stock is down 1.6% on Sep 2, 2025 14:55

• A comparison with Energy Transfer may have exposed vulnerabilities in ONEOK's market standing, influencing bearish attitudes.
• Negative investor response to updates on ONEOK's midstream activities could signal sector-related difficulties.
• Market players could be apprehensive about ONEOK's capacity to stay competitive amid industry changes, impacting the bearish stock performance.

OKE Price Chart

OKE Technical Analysis

OKE News

Energy Transfer vs. ONEOK: Which Stock Has More Upside Now?

Energy Transfer and ONEOK continue to strengthen their midstream operation in North America to provide reliable services to their customers.

https://www.zacks.com/stock/news/2745136/energy-transfer-vs-oneok-which-stock-has-more-upside-now

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ONEOK Inc. Price History

01.07.2025 - OKE Stock was down 5.4%

• Despite positive earnings expectations and growth outlook, Oneok (OKE) experienced a strong bearish movement today.
• The market may have reacted negatively to the actual earnings release not meeting the high expectations set by analysts and investors.
• Investors might have been disappointed by any guidance provided by the company that fell short of the optimistic projections.
• It's possible that broader market conditions or sector-specific challenges influenced the bearish movement in Oneok's stock price, despite the positive underlying fundamentals.

16.10.2023 - OKE Stock was down 0.6%

• ONEOK announced a reduced dividend payout, which may have disappointed investors and led to a bearish market movement.
• Coastal Investment Advisors Inc. increased its holdings in ONEOK, indicating positive sentiment towards the stock. However, this did not prevent the bearish movement.
• Jones Financial Companies Lllp sold a significant number of shares in ONEOK, suggesting a lack of confidence in the stock.
• Despite beating earnings estimates and completing an acquisition, ONEOK's stock still experienced a decline, possibly due to overall market conditions or other factors not mentioned in the provided articles.

15.04.2023 - OKE Stock was down 5.8%

• ONEOK Inc. (OKE) agreed to acquire all outstanding units of Magellan Midstream Partners L.P. (MMP) in a cash-and-stock transaction valued at about $18.8 billion. The acquisition might have been seen as a negative move by investors, leading to the bearish movement.
• The acquisition will create a Tulsa, Oklahoma-based midstream giant with a combined 25,000 miles of liquids-oriented pipelines. The investors might have been concerned about the integration of the two companies and the potential risks involved.
• Cash-rich oil and gas companies are seeking acquisitions after a lengthy dry spell, which might have caused investors to be cautious about the deal and the future prospects of the company.
• The deal will combine ONEOK and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value. However, the investors might have been concerned about the competition in the market and the impact on the company's profitability.

30.03.2025 - OKE Stock was down 5.5%

• Oneok (OKE) posted Q1 earnings that fell short of estimates by -15.45%, hinting at a weaker financial performance than anticipated.
• Despite surpassing the market performance in the last 5 years, with an average annual return of 25.36%, the recent earnings miss potentially sparked a bearish trend in the stock.
• Analyst forecasts for crucial metrics before the earnings announcement may have caused worries among investors, influencing the negative market sentiment surrounding OKE today.

04.02.2025 - OKE Stock was down 7.3%

• The recent bearish movement in OKE's stock could be attributed to profit-taking by investors after a prolonged period of outperformance.
• The comparison between EPD and OKE might have sparked some investor uncertainty or prompted a reevaluation of OKE's valuation, leading to the bearish trend.
• Despite the recent dip, OKE's historical performance indicates its resilience and potential for long-term growth, making it a stock to watch for value investors looking for opportunities in the energy sector.

05.07.2025 - OKE Stock was down 5.0%

• Oneok Inc. (OKE) met Q2 earnings projections but had a -7.91% revenue deviation, potentially impacting the stock's downward trajectory.
• Beyond the expected earnings outcomes, investors seemed unimpressed with the company's overall performance, leading to a pessimistic view of the stock.
• While the stock had shown a positive trend of +2.03% in the previous trading session, this momentum was not sustained, hinting at a quick shift in market sentiment possibly due to concerns about revenue.
• Although there was a discrepancy with the broader market trend when Oneok Inc. (OKE) rose while the market fell in the prior trading day, the recent downward movement aligns the stock with the overall market correction.

05.07.2025 - OKE Stock was down 5.0%

• OKE's Q2 earnings meeting estimates and a significant revenue increase were not enough to prevent the bearish movement, indicating potential profit-taking by investors.
• The lowered 2025 net income guidance despite strong natural gas metrics may have raised concerns among investors about the company's future profitability.
• The stock's decline could also be attributed to investors focusing more on the -7.91% revenue surprise rather than the positive earnings surprise, leading to a negative sentiment towards the stock.
• OKE's stock movement against the market trend, ascending while the overall market falls, suggests that external factors beyond the company's performance may have influenced the bearish movement.

25.10.2024 - OKE Stock was down 5.0%

• The bearish movement in OKE's stock price today could be attributed to profit-taking by investors after a recent surge in the stock price.
• The announcement of the $4.3 billion acquisition of EnLink Midstream by ONEOK might have raised concerns among investors about the potential dilution of value or integration challenges.
• The decision to sell three interstate natural gas pipeline systems for $1.2 billion could have been perceived by the market as a strategic shift that may impact OKE's future revenue streams, leading to a negative sentiment among investors.
• Overall, the market reaction to these strategic moves by ONEOK seems to have triggered a bearish trend in the stock price as investors reassess the company's growth and profitability prospects in the midstream energy sector.

25.01.2025 - OKE Stock was down 5.1%

• ONEOK (OKE) stock saw a notable decrease, ending at $98.63, marking a -0.57% decline from the previous trading day.
• Speculation around earning $500 monthly from ONEOK stock prior to Q4 earnings could have heightened investor expectations, leading to profit-taking and a subsequent bearish trend.
• Investor response to the Q4 outlook of ONEOK may have prompted adjustments to their positions in line with Wall Street estimates on key metrics, influencing the stock's downward trajectory.
• In sum, a mix of profit-taking, varied market conditions, and investor responses to earnings-related updates likely contributed to the bearish movement observed in ONEOK's stock performance.

02.08.2025 - OKE Stock was down 1.6%

• A comparison with Energy Transfer may have exposed vulnerabilities in ONEOK's market standing, influencing bearish attitudes.
• Negative investor response to updates on ONEOK's midstream activities could signal sector-related difficulties.
• Market players could be apprehensive about ONEOK's capacity to stay competitive amid industry changes, impacting the bearish stock performance.

06.07.2024 - OKE Stock was up 5.2%

• ONEOK (OKE) exceeded EPS forecasts but fell short of revenue predictions in the second quarter, demonstrating a strong performance in terms of bottom-line results.
• Although revenue was below expectations, the company's adjusted EBITDA showed a year-over-year increase, highlighting efficient operations and cost control.
• Investor confidence in ONEOK's ability to meet annual financial targets following the second quarter results has bolstered the bullish market trend.
• The second-quarter profit growth and outperformance against forecasts indicate that despite revenue hurdles, ONEOK's profitability and strategic trajectory are in line with market consensus, fueling positive market sentiment.

03.03.2025 - OKE Stock was down 5.4%

• The comparison between EPD and OKE might have sparked investor interest in evaluating OKE's value proposition, potentially leading to profit-taking.
• The slight -0.2% movement in OKE's stock price could indicate a minor correction or profit-taking after a period of growth.
• Investors may have reevaluated their positions in OKE based on the recent market conditions or industry-specific news, leading to the bearish movement.
• Overall, the bearish movement in OKE's stock price could be a result of profit-taking, market corrections, or investor sentiment influenced by the comparison with EPD.