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Oneok ( (OKE) ) has issued an update.
On August 6, 2025, ONEOK, Inc. announced the pricing of a $3.0 billion senior notes offering, which includes $750 million of 7-year notes, $1.0 billion of 10-year notes, and $1.25 billion of 30-year notes. The proceeds from this offering are intended to repay outstanding commercial paper and senior notes due September 15, 2025, with any remaining funds allocated for general corporate purposes. This strategic financial move is expected to strengthen ONEOK’s financial position by addressing its debt obligations and potentially enhancing its operational flexibility.
The most recent analyst rating on (OKE) stock is a Hold with a $97.00 price target. To see the full list of analyst forecasts on Oneok stock, see the OKE Stock Forecast page.
Spark’s Take on OKE Stock
According to Spark, TipRanks’ AI Analyst, OKE is a Outperform.
Oneok’s strong financial performance and strategic corporate events are the most significant factors driving the score. Despite high leverage, the company’s solid cash flow and attractive dividend yield support its valuation. The earnings call provided positive insights, although future projections face some challenges.
To see Spark’s full report on OKE stock, click here.
More about Oneok
ONEOK, Inc. is a leading midstream operator in the energy sector, providing gathering, processing, fractionation, transportation, storage, and marine export services. The company operates an extensive pipeline network of approximately 60,000 miles, transporting natural gas, natural gas liquids (NGLs), refined products, and crude oil to meet both domestic and international energy demands. As one of the largest integrated energy infrastructure companies in North America, ONEOK plays a crucial role in delivering energy solutions that contribute to energy security and reliability.
Average Trading Volume: 3,725,692
Technical Sentiment Signal: Hold
Current Market Cap: $47.38B
For an in-depth examination of OKE stock, go to TipRanks’ Overview page.