
ONEOK (OKE) Stock Forecast & Price Target
ONEOK (OKE) Analyst Ratings
Bulls say
One key factor contributing to the positive outlook on ONEOK's stock is the faster-than-anticipated growth in volumes across its system, leading to increased cash flows. Additionally, ONEOK's commitment to maintaining a strong balance sheet and its investment-grade rating enhance its financial flexibility, positioning it well to navigate volatile market environments. These fundamental strengths suggest that, provided there are no significant declines in demand, ONEOK's financial performance is expected to remain robust.
Bears say
Oneok is facing significant headwinds due to a prolonged decline in U.S. natural gas demand, which poses a risk to its overall financial performance. The company has reported weaker volumes, notably attributed to diminished ethane recoveries during the quarter, impacting its operational capacity and revenue potential. Consequently, there has been a modest reduction in financial estimates, reflecting a cautious outlook on its future earnings amid these challenges.
This aggregate rating is based on analysts' research of ONEOK and is not a guaranteed prediction by Public.com or investment advice.
ONEOK (OKE) Analyst Forecast & Price Prediction
Start investing in ONEOK (OKE)
Order type
Buy in
Order amount
Est. shares
0 shares