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ONEOK Completes $3 Billion Public Offering

Story Highlights
  • ONEOK completed a $3 billion public offering of notes on August 12, 2025.
  • The proceeds will repay debts and support general corporate purposes, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ONEOK Completes $3 Billion Public Offering

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Oneok ( (OKE) ) has shared an update.

On August 12, 2025, ONEOK, Inc. completed a significant public offering of notes totaling $3 billion, with the proceeds intended to repay outstanding commercial paper and senior notes due in September 2025. This strategic financial move is expected to strengthen ONEOK’s financial position and provide flexibility for general corporate purposes, potentially impacting its operations and market positioning positively.

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 Neutral.

Oneok’s overall score is driven by strong financial performance and strategic corporate events, which are offset by bearish technical indicators. The company’s valuation is attractive, and the earnings call provided positive insights, though future projections face some challenges.

To see Spark’s full report on OKE stock, click here.

More about Oneok

ONEOK, Inc. operates in the energy sector, primarily focusing on natural gas and natural gas liquids. The company is involved in gathering, processing, storage, and transportation of natural gas and natural gas liquids, serving various stakeholders in the energy market.

Average Trading Volume: 3,739,409

Technical Sentiment Signal: Hold

Current Market Cap: $46.63B

For detailed information about OKE stock, go to TipRanks’ Stock Analysis page.

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