Is ONEOK (OKE) One of the Top Wonderful Stocks to Buy Now?
Is ONEOK (OKE) One of the Top Wonderful Stocks to Buy Now?.
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ONEOK, Inc. (NYSE: OKE ) is one of the top wonderful stocks to buy now . Barclays lowered the price target on ONEOK, Inc. (NYSE:OKE) to $88 from $90 on July 8, maintaining an Equal Weight rating on the shares. For additional reference, in its financial results for fiscal Q1 2026, ONEOK, Inc. (NYSE:OKE) reported a 12% growth in net income to $776 million, resulting in $1.23 per diluted share. The company also reported a 13% increase in adjusted EBITDA to $2.0 billion and a 15% increase in NGL raw feed throughput volumes.
ONEOK, Inc. (NYSE:OKE) further reported a 12% increase in refined products volumes shipped in the quarter, along with a 11% increase in Natural Gas Liquids segment adjusted EBITDA and a 5% increase in natural gas volumes processed. The company also raised its guidance for 2026, with net income increased to a midpoint of $3.5 billion, earnings per diluted share increased to a midpoint of $5.53, and adjusted EBITDA raised to a midpoint of $8.25 billion.
ONEOK, Inc. (NYSE:OKE) gathers, fractionates, processes, transports, stores, and markets natural gas. The company's operations are divided into the following segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.
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Sinergia Empresarial continuará el seguimiento de esta información sobre is ONEOK (OKE) One of the Top Wonderful Stocks to Buy Now? y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
