ONEOK Inc $ 30.55 -0.12 (-0.39%)
ONEOK Inc News and Headlines -
U.S. stocks were in the green Monday morning on positive economic activity in the non-manufacturing sector. The NMI® index reached 57.1%, up from the May reading of 45.4%. The Dow Jones Industrial Average gained 1.50% to 26,218, the S&P 500 index rose 1.62% to 3,180 and the Nasdaq Composite Index jumped 2.46% to 10,456.
Since the Covid-19 outbreak, energy stocks have suffered massive losses as demand for oil and natural gas has collapsed, causing the sector to groan under the weight of its high debt.
Amid depressed prices in the sector, there are potentail opportunities for investors to grab some quality companies at a discount. We at Sure Dividend believe that ONEOK (OKE) is an example of just such a stock.
This large-cap midstream company has been a consistent dividend payer for decades and is currently trading at around half its price from before the Feb. 19 stock market collapse.
As of Friday, several publicly traded equities were granting shareholders a forward dividend yield that more than doubled the S&P 500 Index's yield of 1.92%. As such, dividend investors may want to consider the following utility companies.
Class A shares of Clearway Energy Inc. (CWEN.A) were trading around $14.11 per share on Friday. The Class C stockÂ (CWEN) was trading around $14.7 per share. Based in Princeton, New Jersey, Clearway Energy provides electricity in the U.S.
The company has a market capitalization of approximately $2.77 billion. The forward dividend yield is 5.67% versus an industry median of 3.53%, the price-book
U.S. markets are set to open high on Tuesday, with investors' eyes on the Federal Reserve’s two-day policy meeting. The street is forecasting a more aggressive path to normalizing monetary policy by the Central Bank.
Shares of The Children's Place Inc. (PLCE) plunged on the heels of the company reporting its financial results for the fourth quarter. The company posted adjusted earnings per share of $2.52 on revenue of $569.97 million, an increase of 9.4% from the prior-year quarter. The company beat earnings by 3 cents but fell short analysts' estimations by $4 million.
Gross profit reached $209.9 million, higher
Published by Nick McCullum on July 30th, 2017
Master limited partnerships – or MLPs, for short – are some of the most tax-efficient vehicles for investors looking to generate portfolio income in a taxable investment account.
Accordingly, these securities are often sought by retirees and other yield-hungry investors.
The sheer number of master limited partnerships today means that high-yield investors can create plenty of diversification using MLPs alone. You can see the full list of all 100+ publicly traded MLPs here.
With that said, there are some notable differences between investing in MLPs versus common stocks that investors
According to the GuruFocusÂ All-in-One Guru Screener, the following are some of the stocks that have outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.
Teck Resources Ltd. Class BÂ (TECK) with a market cap of $14.15 billion has outperformed the S&P 500 by 542.5% over the last 12 months.
Teck Resources is engaged in mining and related activities, including exploration, development, processing, smelting, refining and reclamation. Its major products are steelmaking coal, copper, zinc and lead.
Its shares are currently trading with a price-book (P/B) ratio
(Published Jan. 16 by the Financial Canadian)
In recent years, commodity prices have experienced a tremendous amount of volatility. In particular, oil prices have declined significantly from their 2014 highs.
Many oil and gas MLPs have struggled. It has not been uncommon for MLPs to slash distributions and sometimes even cease operations due to lack of profitability.
Companies that have weathered this tough operating environment can be viewed as the best of breed.
There exists one large-cap company with a significant ownership of one of the largest publicly traded oil and gas MLPs, giving it indirect exposure to the inevitable
The market is filled with companies with a lot of hype that are touted as great investments, but Benjamin Graham taught that intelligent investors must look past the hype and avoid speculating about a company's future. By using the ModernGraham Valuation Model, I've selected five of the most overvalued companies reviewed by ModernGraham.
Each company has been determined to not be suitable for either the Defensive Investor or the Enterprising Investor according to the ModernGraham approach. Defensive Investors are defined as investors who are not able or willing to do substantial research into individual investments, and therefore need to
As any investor knows, the oil industry has been battered recently, but the possibly permanent disruptions have paved the way for some energy companies to outperform while others fall behind.
Thomson Reuters studied the trajectory of the primary sources of power in a report released this week, Powering the Planet 2045. It cites changing landscape in Middle East oil production, increased shale drilling, greater gas consumption and concern about greenhouse gas emissions as primary factors affecting the industry and prices.
As the oil prices dropped through 2014, hedge funds have also run from the stocks in the fourth quarter. But
If you’ve read my work for any length of time, you know I’m not a major risk taker. In my experience, slow and steady wins the race.
That was my rationale for recommending Prospect Capital (PSEC) in last year’s Best Stockscontest. I reasoned that a diversified private equity portfolio trading at a deep discount to book value was a low-risk investment with a high probability of generating a market-beating return. Between a return to book value and the high dividend, I expected total returns of as high as 40% within 12 to 18 months.
Well, we didn’t quite get
The two stocks in this article both have dividend yields over 6%. Stocks with such high yields tend to have higher-than-average risk.
Focus on total return not high yield. Just because a stock has a high yield does not mean it will generate better total returns. In fact, if you put dividend paying stocks into 5 baskets (called quintiles), the highest yielding quintile actually has lower total returns than the 2ndhighest yielding quintile.
– Tip 1 from ‘10 Critical Tips for Dividend Growth Investors’
The stocks examined in this article pay out much of their cash flows
Guru [url=http://www.gurufocus.com/StockBuy.php?GuruName=Steven+Cohen]Steven Cohen[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Steven+Cohen]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Steven+Cohen]Portfolio[/url]) has gained a reputation as an art collector in the last 15 years. In the third quarter he collected – and sold – a variety of stocks.
Cohen’s most significant third-quarter transaction was the reduction of his stake in EOG Resources Inc. (EOG), a Houston-based oil and gas company, by more than 87%. Cohen sold 2,453,710 shares for an average price of $77.7 per share. The deal had a -1.49% impact on Cohen’s portfolio.
EOG Resources has a market cap of $45.09 billion and an enterprise value of $50.77 billion. It has a forward P/E
I’m incredibly fortunate to be in a position where I’m able to consistently buy stock in high-quality companies that have track records of reliably and regularly paying and growing dividends.
And I’m taking maximum advantage of that fortunate position by once more deploying capital and buying shares in a fantastic business.
This most recent purchase is a bit unique for me.
And that’s mainly because it’s a utility, an industry I’m not all that enamored with or exposed to – this is just the third utility in the portfolio, although ONE Gas Inc. (OGS) is a very small (almost
As I was discussing recently when revealing that I added to my position in Apple Inc. (AAPL), June has been a really crazy and abnormal month in regards to capital deployment.
However, as mentioned, that AAPL purchase was fully funded by the cash that was part of the acquisition of Lorillard Inc. by Reynolds American, Inc. (RAI).
I decided to spread that capital out across a few different plays because, frankly, I see various and diversified opportunities in both the market and my portfolio across a number of different industries and companies. The AAPL position was small, and I
Fortunately, even in an expensive market, there are usually reasonable values to be found. Just about any financially healthy company will be trading at a sizable valuation these days, so drastically undervalued stocks in the dividend space are all but nonexistent.
But modestly undervalued or fairly valued stocks? Those still do exist, and I’ll describe five companies below that I believe match that description. Some of them offer substantial long-term returns at these price points, in my view. As always, do your own homework and make sure you are comfortable with your investment decisions.
Brookfield Infrastructure Partners (BIP)
Each income-oriented investor needs a high cash source in order to satisfy his needs of income. Major sources on the capital market are dividends. Those are payments by the corporate to its shareholders.
Dividends should be reliable and grow. That's a major reason why dividend growth has an essential meaning for investors. A long history of rising dividends and sustainable payments increases the trust relationship to the owners of the company.
Today I want to show you the highest yielding dividend growth stocks with a consecutive dividend growth history of more than 10 years in a row.
December ended up a lot busier than usual, as well as a lot busier than I had planned. I was quite content with finishing up the year with the initiation of a position in Walt Disney Co. (DIS). Of course, then Mr. Market continued his depressive mood about the future of energy, which allowed me to add to my equity stake in ONEOK, Inc. (OKE).
That was going to be it.
Until it wasn’t.
After the elimination of key executives and a credit downgrade (both of which came after numerous bad omens), I had to listen to
I wasn’t sure I’d be engaging in any more activity this month. The initiation of a positionin Walt Disney Co. (DIS) just last week was, in my view, a great long-term investment at the current valuation. And I was very content with that being it for the month, due to the fact that I have to stay pretty vigilant on rebuilding my emergency fund after raiding it for stocks over the last couple of months.
But the energy sector continues to get hammered and some stocks within that sector are getting very interesting here. I think the odds are
Company and Asset Overview
Cabot Oil and Gas Corporation (COG) is involved in the development, exploration, production and marketing of natural gas, crude oil and natural gas liquids in the United States. Two prime areas of focus for Cabot are its assets in Marcellus Shale and Eagle Ford.
The company has a very strong position in the Marcellus Shale with approximately 20,000 net acres in the dry gas window of the northeast Pennsylvania, and currently has six rigs operating in the region.
Apart from the Marcellus shale, Cabot also has rich assets in Eagle Ford, one of the biggest shale
According to GuruFocus list of 52-week highs, Aviva PLC, Xcel Energy Inc., ONEOK Inc. and GlaxoSmithKline Plc have all reached their 52-week highs.
Aviva Plc (AV) Reached the 52-Week High of $17.28
Aviva Plc is engaged in the provision of financial products and services, focused on the following lines of business: long-term insurance and savings business, general insurance and health and fund management. Aviva Plc has a market cap of $25.46 billion; its shares were traded at around $17.28 with a P/E ratio of 7.90 and P/S ratio of 0.44. The dividend yield of Aviva Plc stocks is 2.86%.
|2020-10-23 $ 30.55 (-0.39%)|
ONEOK (OKE) to Report Q3 Earnings: What's in the Cards? - www.zacks.com
|2020-10-22 $ 30.67 (7.88%)|
American Electric (AEP) Q3 Earnings Beat, Revenues Fall Y/Y - www.zacks.com
|2020-10-20 $ 28.92 (2.23%)|
Danger Lurks for These 3 High-Dividend Stocks - www.fool.com
|2020-10-15 $ 29.82 (-0.43%)|
|2020-10-14 $ 29.95 (1.7%)|
|2020-09-28 $ 26.01 (4%)|
ONEOK (OKE) Strong on Growth Efforts & Fee-Based Earnings - www.zacks.com
|2020-09-24 $ 24.48 (-0.24%)|
Is ONEOK Stock a Buy? - www.fool.com
Should You Buy ONEOK Stock for Its 13% Dividend Yield? - www.fool.com
|2020-09-04 $ 26.76 (-0.56%)|
|2020-09-03 $ 26.91 (-1.46%)|
|2020-08-28 $ 28.08 (3.85%)|
|2020-08-27 $ 27.04 (1.81%)|
5 High-Yield Dividend Stocks to Watch - www.fool.com
|2020-08-18 $ 28.08 (-3.11%)|
Danger Lurks for These 3 High-Yield Dividend Stocks - www.fool.com
|2020-08-07 $ 29.47 (1.24%)|
National Fuel Gas (NFG) Beats on Q3 Earnings, Cuts EPS View - www.zacks.com
|2020-08-06 $ 29.11 (-4.53%)|
MDU Resources (MDU) Q2 Earnings & Revenues Increase Y/Y - www.zacks.com
Atmos Energy (ATO) Q3 Earnings Beat Estimates, Revenues Miss - www.zacks.com
Energy Transfer (ET) Q2 Earnings Miss Estimates, Down Y/Y - www.zacks.com
|2020-08-05 $ 30.49 (4.45%)|
Plains All American (PAA) Q2 Earnings Lag Estimates, Slump Y/Y - www.zacks.com
|2020-07-31 $ 27.91 (-3.89%)|
Are Energy Stocks Ready for a Comeback? - www.fool.com
|2020-07-29 $ 29.72 (5.92%)|
ONEOK's (OKE) Earnings Miss Estimates in Q2, Revenues Beat - www.zacks.com
|2020-07-28 $ 28.06 (0.14%)|
Oneok Inc. (OKE) Q2 Earnings Miss Estimates - www.zacks.com
|2020-07-23 $ 28.96 (-1.83%)|
ONEOK (OKE) to Report Q2 Earnings: What's in the Offing? - www.zacks.com
|2020-07-21 $ 29.98 (6.12%)|
|2020-07-16 $ 28.85 (0.07%)|
ONEOK's Expansion Efforts & Fee-Based Earnings Bodes Well - www.zacks.com
|2020-07-14 $ 27.22 (2.37%)|
|2020-07-07 $ 27.58 (-2.51%)|
Why ONEOK Stock Plummeted 56% in the First Half of 2020 - www.fool.com
|2020-07-06 $ 28.29 (-12.01%)|
Why Pipeline Stocks Are Tumbling Today - www.fool.com
|2020-07-02 $ 32.15 (-0.09%)|
$OKE - ONEOK: Brace For The Dividend Cut. Oneok Brace For Dividend Cut - seekingalpha.com
|2020-07-01 $ 32.18 (-3.13%)|
Is ONEOK Stock a Buy? - www.fool.com
|2020-06-25 $ 32.7 (1.24%)|
|2020-06-23 $ 35.36 (-1.56%)|
Oneok: A Large-Cap With a High Yield and Growth Potential - GuruFocus.com
|2020-06-18 $ 36.35 (0.5%)|
5 Midstream Stocks Offering Dividend Yields Higher Than 6% - www.fool.com
|2020-06-16 $ 38.4 (5.38%)|
|2020-06-12 $ 34.09 (-3.51%)|
Eversource Prices 6M Shares, to Fund Buyout With Proceeds - www.zacks.com
Company News for Jun 12, 2020 - www.zacks.com
|2020-06-11 $ 35.33 (-15.84%)|
Why Oil Stocks Are Tumbling Again Today - www.fool.com
|2020-06-08 $ 48.04 (5.93%)|
Forget ONEOK: Kinder Morgan Is a Better Dividend Stock - www.fool.com
|2020-06-05 $ 45.35 (11.4%)|
Why High-Yielding Oil Stocks Are Soaring Today - www.fool.com
SWX vs. OKE: Which Stock Is the Better Value Option? - www.zacks.com
|2020-06-03 $ 40.58 (2.4%)|
Why ONEOK Stock Rebounded 31% in May - www.fool.com
|2020-06-02 $ 38.14 (3.95%)|
|2020-05-28 $ 37.28 (-0.85%)|
Why Is Oneok (OKE) Up 21.6% Since Last Earnings Report? - www.zacks.com
|2020-05-27 $ 37.6 (-0.05%)|
|2020-05-26 $ 37.62 (3.92%)|
Better Buy: Kinder Morgan vs. ONEOK - www.fool.com
|2020-05-20 $ 36.51 (3.99%)|
SWX or OKE: Which Is the Better Value Stock Right Now? - www.zacks.com
|2020-05-18 $ 35.07 (8.27%)|
Why These High-Yielding Oil Stocks Are on Fire Today - www.fool.com
|2020-05-14 $ 30.71 (0.75%)|
|2020-05-11 $ 31.38 (0.16%)|
MDU Resources (MDU) Q1 Earnings Decline Y/Y, Revenues Up - www.zacks.com
|2020-05-07 $ 29.75 (3.84%)|
Atmos Energy (ATO) Q2 Earnings Beat Estimates, Revenues Miss - www.zacks.com
3 Stocks That Are Absurdly Cheap Right Now - www.fool.com
|2020-04-30 $ 29.93 (-3.2%)|
|2020-04-29 $ 30.92 (1.28%)|
ONEOK's (OKE) Earnings Beat Estimates in Q1, Revenues Miss - www.zacks.com
|2020-04-28 $ 30.53 (7.05%)|
Oneok Inc. (OKE) Surpasses Q1 Earnings Estimates - www.zacks.com
|2020-04-23 $ 29.2 (6.92%)|
ONEOK (OKE) to Report Q1 Earnings: What's in the Offing? - www.zacks.com
|2020-04-22 $ 27.31 (1.41%)|
Oneok Inc. (OKE) Gains But Lags Market: What You Should Know - www.zacks.com
|2020-04-15 $ 27.41 (-10.04%)|
Oil Prices Drop Below $20, Dragging Down Midstream Stocks - www.fool.com
|2020-04-03 $ 21.64 (0.05%)|
Why ONEOK Stock Cratered 67% in March - www.fool.com
Implied Volatility Surging for ONEOK (OKE) Stock Options - www.zacks.com
|2020-04-02 $ 21.63 (12.66%)|
Delek Logistics (DKL) Acquires Big Spring From Delek US - www.zacks.com
|2020-03-25 $ 23.11 (4.81%)|
|2020-03-19 $ 20.49 (33.31%)|
|2020-01-23 $ 76.29 (0.91%)|
|2020-01-03 $ 76.58 (1.15%)|
|2019-10-18 $ 69.2 (0.77%)|
|2019-10-11 $ 69.51 (0.78%)|
|2019-10-10 $ 68.97 (0.52%)|
|2019-10-09 $ 68.61 (0.6%)|
|2019-01-28 $ 62.29 (-0.24%)|
|2018-05-08 $ 63.94 (-0.2%)|
Blue Chip Stocks in Focus: ONEOK, Inc. - GuruFocus.com
|2017-01-16 $ 56.31 (%)|
Company Poised to Benefit From Rising Commodity Prices - GuruFocus.com
|2015-12-16 $ 20.88 (-2.16%)|
|2015-06-29 $ 39.11 (-2.03%)|
Why I Am Buying ONEOK - GuruFocus.com
Why I Added to My ONEOK Position - GuruFocus.com
|2014-12-12 $ 44.86 (-1.77%)|
Why I Am Buying ONEOK - GuruFocus.com
|2013-11-13 $ 50.13 (0.38%)|
|2013-07-26 $ 45.66 (-3%)|
A Tale Of Two Stocks - One Headwind, One Tailwind - GuruFocus.com
|2013-06-12 $ 37.92 (-1.17%)|
Why I Bought Oneok and Kinder Morgan - GuruFocus.com
|2013-05-01 $ 41.91 (-6.78%)|
Oneok Inc. (OKE) Valuation Estimate - GuruFocus.com
|2011-02-22 $ 27.72 (-2.05%)|
ONEOK Inc. Reports Operating Results (10-K) - GuruFocus.com
|2010-12-01 $ 22.52 (0.67%)|
ONEOK Inc (OKE) Dividend Stock Analysis - GuruFocus.com
|2010-10-12 $ 21.1 (0.05%)|
ONEOK Inc. Reports Operating Results (10-K/A) - GuruFocus.com
|2010-08-04 $ 20.73 (-0.1%)|
|2010-04-29 $ 21.54 (0.7%)|
|2009-11-05 $ 16.66 (3.29%)|
|2009-08-20 $ 15.25 (0.2%)|
ONEOK Inc. (OKE) COO James C Kneale sells 10,000 Shares - GuruFocus.com
ONEOK Inc. (OKE) COO James C Kneale sells 5,000 Shares - GuruFocus.com
|2009-05-01 $ 11.57 (0.96%)|
|2009-03-03 $ 8.73 (-2.57%)|
ONEOK Inc. (OKE) CFO Curtis Dinan buys 2,600 Shares - GuruFocus.com