ONEOK Inc. ($OKE) Stock Forecast: Down 5.5% Today

What is ONEOK Inc.?

Asset Oneok Inc. (OKE) is a company operating in the natural gas sector, mainly in the United States. OKE functions as a distributor and storage entity for natural gas.

Why is ONEOK Inc. going down?

OKE stock is down 5.5% on Apr 30, 2025 13:36

• 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.

OKE Price Chart

OKE Technical Analysis

OKE News

Oneok Inc. ( OKE ) Q1 Earnings Miss Estimates

Oneok (OKE) delivered earnings and revenue surprises of -15.45% and 14.89%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2458365/oneok-inc-oke-q1-earnings-miss-estimates

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today - ONEOK ( NYSE:OKE )

ONEOK OKE has outperformed the market over the past 5 years by 11.13% on an annualized basis producing an average annual return of 25.36%. Currently, ONEOK has a market capitalization of $54.44 billion.

https://www.benzinga.com/insights/news/25/04/45040590/if-you-invested-1000-in-this-stock-5-years-ago-you-would-have-this-much-today

Countdown to Oneok ( OKE ) Q1 Earnings: Wall Street Forecasts for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Oneok (OKE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.

https://www.zacks.com/stock/news/2456708/countdown-to-oneok-oke-q1-earnings-wall-street-forecasts-for-key-metrics

What Analyst Projections for Key Metrics Reveal About Oneok ( OKE ) Q1 Earnings

Get a deeper insight into the potential performance of Oneok (OKE) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

https://www.zacks.com/stock/news/2455719/what-analyst-projections-for-key-metrics-reveal-about-oneok-oke-q1-earnings

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ONEOK Inc. Price History

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.

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.

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.