Latest news with #OKE
Yahoo
19-05-2025
- Business
- Yahoo
ET vs. OKE: Which Stock Should Value Investors Buy Now?
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Energy Transfer LP and Oneok Inc. are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that ET is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. ET currently has a forward P/E ratio of 12.53, while OKE has a forward P/E of 16.23. We also note that ET has a PEG ratio of 0.59. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. OKE currently has a PEG ratio of 1.72. Another notable valuation metric for ET is its P/B ratio of 1.46. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, OKE has a P/B of 2.42. These metrics, and several others, help ET earn a Value grade of A, while OKE has been given a Value grade of C. ET sticks out from OKE in both our Zacks Rank and Style Scores models, so value investors will likely feel that ET is the better option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Energy Transfer LP (ET) : Free Stock Analysis Report ONEOK, Inc. (OKE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-04-2025
- Business
- Yahoo
Oneok: Q1 Earnings Snapshot
TULSA, Okla. (AP) — TULSA, Okla. (AP) — Oneok Inc. (OKE) on Tuesday reported first-quarter profit of $636 million. The Tulsa, Oklahoma-based company said it had profit of $1.04 per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share. The natural gas company posted revenue of $8.04 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OKE at Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
EPD or OKE: Which Is the Better Value Stock Right Now?
Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Enterprise Products Partners (EPD) and Oneok Inc. (OKE). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Enterprise Products Partners has a Zacks Rank of #2 (Buy), while Oneok Inc. has a Zacks Rank of #3 (Hold) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that EPD is likely seeing its earnings outlook improve to a greater extent. But this is just one factor that value investors are interested in. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. EPD currently has a forward P/E ratio of 11.73, while OKE has a forward P/E of 18.32. We also note that EPD has a PEG ratio of 1.39. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. OKE currently has a PEG ratio of 4.17. Another notable valuation metric for EPD is its P/B ratio of 2.50. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, OKE has a P/B of 2.62. These are just a few of the metrics contributing to EPD's Value grade of B and OKE's Value grade of C. EPD sticks out from OKE in both our Zacks Rank and Style Scores models, so value investors will likely feel that EPD is the better option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enterprise Products Partners L.P. (EPD) : Free Stock Analysis Report ONEOK, Inc. (OKE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
ONEOK Full Year 2024 Earnings: Revenues Disappoint
Revenue: US$21.7b (up 23% from FY 2023). Net income: US$3.03b (up 14% from FY 2023). Profit margin: 14% (in line with FY 2023). EPS: US$5.19. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates. The primary driver behind last 12 months revenue was the Natural Gas Liquids segment contributing a total revenue of US$15.2b (70% of total revenue). Notably, cost of sales worth US$13.3b amounted to 61% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$2.16b (40% of total expenses). Explore how OKE's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's shares are down 2.0% from a week ago. Be aware that ONEOK is showing 1 warning sign in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings
ONEOK, Inc. (NYSE:OKE) will release its fourth-quarter financial results, after the closing bell, on Monday, Feb. 24, 2025. Analysts expect the Denver, Colorado-based company to report quarterly earnings at $1.04 per share, up from 50 cents per share in the year-ago period. ONEOK projects quarterly revenue of $5.3 billion, compared to $3.96 billion a year earlier, according to data from Benzinga Pro. On Feb. 4, ONEOK announced joint ventures with MPLX to build LPG export terminal in Texas City, Texas. With the recent buzz around ONEOK, some investors may be eyeing potential gains from the company's dividends too. As of now, ONEOK offers an annual dividend yield of 4.20%, which is a quarterly dividend amount of $1.03 per share ($4.12 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $142,834 or around 1,456 shares. For a more modest $100 per month or $1,200 per year, you would need $28,547 or around 291 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($4.12 in this case). So, $6,000 / $4.12 = 1,456 ($500 per month), and $1,200 / $4.12 = 291 shares ($100 per month). View more earnings on OKE Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. How that works: The dividend yield is computed by dividing the annual dividend payment by the stock's current price. For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield. OKE Price Action: Shares of ONEOK fell 0.5% to close at $98.10 on More: Photo: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? ONEOK (OKE): Free Stock Analysis Report This article How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
