
ONEOK (OKE) Stock Forecast & Price Target
ONEOK (OKE) Analyst Ratings
Bulls say
ONEOK's stock outlook is bolstered by robust growth in system volumes, which are increasing faster than previously anticipated, leading to higher cash flows. The company's commitment to maintaining an investment-grade balance sheet enhances its financial flexibility, positioning it well to navigate volatile macroeconomic conditions. Given these factors, there is a solid expectation that ONEOK will continue to see positive performance in the future, provided demand remains stable.
Bears say
The analysis indicates a negative outlook on ONEOK’s stock primarily due to concerns regarding a prolonged decline in U.S. natural gas volumes, which can impact future revenue generation. Additionally, weaker ethane recoveries have negatively affected operational volumes, suggesting challenges in productivity and output. These factors have prompted analysts to modestly reduce their financial estimates for the company, signaling potential difficulties in maintaining favorable financial performance.
This aggregate rating is based on analysts' research of ONEOK and is not a guaranteed prediction by Public.com or investment advice.
ONEOK (OKE) Analyst Forecast & Price Prediction
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