Oneok Inc. (OKE) stock price increases amid positive earnings expectations, outperforming S&P 500.

From Nasdaq: 2024-06-28 18:15:21

Oneok Inc. (OKE) closed at $81.55, up 0.99%, outperforming the S&P 500. Analysts expect earnings of $1.16 per share in the upcoming report, a 11.54% increase from last year. Zacks Consensus Estimates project full-year earnings of $4.94 per share and revenue of $22.31 billion, up 26.22%.

Oneok Inc. is trading at a Forward P/E ratio of 16.35, higher than the industry average of 12.23. The PEG ratio stands at 4.33, indicating projected earnings growth. The Oil and Gas – Production Pipeline – MLB industry is ranked 94th out of 250+ industries by Zacks Industry Rank.

Investors can monitor stock-moving metrics on Zacks.com and consider using the Zacks Rank system to evaluate stock performance. The Zacks Industry Rank shows the top 50% rated industries outperform the bottom half by a factor of 2 to 1, providing valuable insights for investors.



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