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ONEOK Expands Board With Two New Independent Directors

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ONEOK Expands Board With Two New Independent Directors

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An announcement from Oneok ( (OKE) ) is now available.

On January 21, 2026, ONEOK’s board of directors elected Mark A. McCollum and Precious Williams Owodunni as independent directors, effective January 23, 2026, expanding the board from 10 to 12 members. McCollum, a former president and CEO of Weatherford International and ex-CFO of Halliburton with extensive energy-sector and financial leadership experience, and Owodunni, CEO of advisory firm Mountaintop Consulting and a former Goldman Sachs investment banker and private equity investor, were both deemed independent under New York Stock Exchange rules and bring complementary strengths in energy, finance, strategy, and governance. McCollum was appointed to the Audit and Corporate Governance Committees, while Owodunni joined the Executive Compensation and Corporate Governance Committees; their additions, supported by standard director compensation and indemnification arrangements, are intended to bolster ONEOK’s governance, strategic capabilities and oversight to the benefit of shareholders and other stakeholders as the company advances its midstream infrastructure strategy.

The most recent analyst rating on (OKE) stock is a Buy with a $103.00 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 positive earnings call are the most significant factors driving the score. The company’s effective cost management, revenue growth, and strategic integration of acquisitions position it well for future growth. Technical indicators show bullish momentum, although the stock faces resistance at the 200-day moving average. The valuation is attractive with a reasonable P/E ratio and high dividend yield.

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

More about Oneok

ONEOK, Inc., headquartered in Tulsa, Oklahoma, is a leading North American midstream energy operator and S&P 500 company that provides gathering, processing, fractionation, transportation, storage and marine export services. Through an approximately 60,000-mile pipeline network, it transports natural gas, natural gas liquids, refined products and crude oil to meet domestic and international energy demand, with a focus on energy security and reliable, responsible delivery of energy products and services.

Average Trading Volume: 4,221,964

Technical Sentiment Signal: Buy

Current Market Cap: $49.08B

For a thorough assessment of OKE stock, go to TipRanks’ Stock Analysis page.

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