OKE Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
ONEOK Inc (OKE) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock is supported by positive analyst upgrades, strong financial performance, and favorable market conditions driven by global energy demand shifts due to the Iran war. Despite minor technical overbought signals, the long-term growth potential outweighs short-term volatility.
The stock is in a bullish trend with MACD positively expanding and moving averages showing upward momentum (SMA_5 > SMA_20 > SMA_200). RSI_6 at 89.113 indicates an overbought condition, suggesting short-term caution, but the overall trend remains strong. Key resistance levels are at R1: 92.922 and R2: 95.233, with the pre-market price at 93.87 nearing resistance.
Wells Fargo upgraded OKE to Overweight with a price target of $100, citing structural shifts in global energy markets due to the Iran war.
Jefferies upgraded OKE to Buy with a price target of $98, highlighting tangible upside via butane blending and Bakken leverage.
Revenue increased 29.50% YoY in Q4 2025, reflecting strong operational performance.
Increased demand for U.S. energy exports (LPG and LNG) positions OKE favorably in the midstream sector.
RSI indicates overbought conditions, suggesting potential short-term pullback.
EPS dropped by -1.27% YoY in Q4 2025, and gross margin declined by -18.47%, raising concerns about profitability trends.
JPMorgan downgraded OKE to Neutral, citing soft macro fundamentals and the need for improved oil prices to drive sentiment.
In Q4 2025, revenue grew by 29.50% YoY to $9.065 billion, and net income increased by 5.85% YoY to $977 million. However, EPS declined by -1.27% YoY to $1.55, and gross margin dropped by -18.47% YoY to 25.16%. Despite some margin pressure, the company demonstrated strong top-line growth.
Analyst sentiment is broadly positive, with multiple upgrades and increased price targets. Wells Fargo, Jefferies, and Truist highlight OKE's strong positioning in the midstream energy sector and its ability to capitalize on global energy demand shifts. Price targets range from $83 to $104, with the most recent upgrade setting a target of $100.
