Potential 29.34% Upside and Strong Dividend Yield
ONEOK, Inc. (NYSE: OKE), a prominent player in the oil and gas midstream sector, is capturing investor attention with its robust market position and potential upside. With a market capitalization of $52.88 billion, the Tulsa, Oklahoma-based company is well-regarded for its comprehensive suite of midstream services, including gathering, processing, and transportation of natural gas and natural gas liquids (NGLs).
Currently trading at $84.66, ONEOK’s stock has experienced a modest price change, standing within a 52-week range of $76.92 to $117.05. The company’s resilient performance in a volatile market environment is further underscored by its impressive revenue growth of 33.70%. This growth is indicative of ONEOK’s…