Oneok Inc. (NYSE: OKE) kicked off on Friday, down -0.78% from the previous trading day, before settling in for the closing price of $97.42. Over the past 52 weeks, OKE has traded in a range of $63.33-$98.43.
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Energy Sector giant saw their annual sales surged by 15.36% over the last five years. While this was happening, its average annual earnings per share was recorded -7.60%. With a float of $582.83 million, this company’s outstanding shares have now reached $583.09 million.
The firm has a total of 4775 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.07%, operating margin of 22.43%, and the pretax margin is 16.63%.
Oneok Inc. (OKE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Oneok Inc. is 0.21%, while institutional ownership is 70.02%. The most recent insider transaction that took place on Sep 05 ’24, was worth 310,902. In this transaction Director of this company sold 3,379 shares at a rate of $92.01, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Director proposed sale 3,379 for $91.83, making the entire transaction worth $310,294.
Oneok Inc. (OKE) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.99 earnings per share (EPS), lower than consensus estimate (set at 1.05) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.09% during the next five years compared to 14.52% growth over the previous five years of trading.
Oneok Inc. (NYSE: OKE) Trading Performance Indicators
Take a look at Oneok Inc.’s (OKE) current performance indicators. Last quarter, stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.97. Likewise, its price to free cash flow for the trailing twelve months is 22.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.59, a number that is poised to hit 1.23 in the next quarter and is forecasted to reach 6.11 in one year’s time.
Technical Analysis of Oneok Inc. (OKE)
Analysing the last 5-days average volume posted by the [Oneok Inc., OKE], we can find that recorded value of 1.85 million was lower than the volume posted last year of 2.73 million. As of the previous 9 days, the stock’s Stochastic %D was 62.00%. Additionally, its Average True Range was 1.67.
During the past 100 days, Oneok Inc.’s (OKE) raw stochastic average was set at 91.78%, which indicates a significant increase from 67.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.23% in the past 14 days, which was lower than the 20.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.75, while its 200-day Moving Average is $81.86. Now, the first resistance to watch is $97.64. This is followed by the second major resistance level at $98.61. The third major resistance level sits at $99.37. If the price goes on to break the first support level at $95.91, it is likely to go to the next support level at $95.15. Should the price break the second support level, the third support level stands at $94.18.
Oneok Inc. (NYSE: OKE) Key Stats
The company with the Market Capitalisation of 56.46 billion has total of 583,647K Shares Outstanding. Its annual sales at the moment are 17,677 M in contrast with the sum of 2,659 M annual income. Company’s last quarter sales were recorded 4,894 M and last quarter income was 780,000 K.
