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ONEOK Inc. Strengthens Financial Position with Sale of Pipeline Systems

January 02, 2025
ONEOK Inc. (NYSE:OKE), a leading energy company, has recently announced the sale of three of its pipeline systems to DT Midstream for a whopping $1.2 billion. This strategic move not only strengthens ONEOK's financial position but also allows the company to focus on its core operations. The sale of these assets highlights the company's commitment to maximizing shareholder value. With high institutional ownership and a stock that has impressively gained 4.6% over the last week, it is clear that investors have confidence in ONEOK's performance. For a professional insight into the future movement of ONEOK's stock, it is recommended to consult the experts at Stocks Prognosis.
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OKEJuly 19, 2025ONEOK Inc. OKE Registers a Bigger Fall Than the Market: Important Facts to Note  ~1 min.

Despite a larger decline than the overall market, ONEOK Inc. remains a strong investment option due to its consistent quarterly dividends and recent stock purchases by Xponance Inc. ELCO Management Co....

OKEJune 29, 2025Oneok Inc. OKE Outperforms Broader Market: What You Need to Know  ~1 min.

Oneok Inc. (NYSE:OKE) has been exceeding expectations in the market recently, showing strong performance compared to the broader market....

OKEApril 4, 2025QuantWave Achieves 19.66% Profit Target Forecast Success for ONEOK, INC.  ~1 min.

On March 20, 2025, QuantWave, the automated forecasting platform, successfully predicted a short direction for the stock of ONEOK, INC. with a price target of $79.85....

OKEApril 4, 2025ONEOK, INC. Hits Price Target Forecast with 16.15% Profit Margin  ~1 min.

QuantWave's forecast for ONEOK, INC. proved accurate as the stock reached the predicted short target on April 4, 2025. The forecast signal date of March 14, 2025, saw the stock priced at 95.23 $....

OKEApril 4, 2025ONEOK, INC. Hits Price Target Forecast with 18.6% Profit: QuantWave Analysis  ~1 min.

ONEOK, INC. (NYSE: OKE) recently achieved a significant price target forecast, yielding a profit of 18.6% for investors who followed QuantWave's automated prediction....

OKEApril 4, 2025Profit Alert: ONEOK, INC. Hits Price Target Forecast with 17.5% Gain  ~1 min.

ONEOK, INC. has successfully reached the price target forecast set by QuantWave on April 4, 2025. The forecast, which indicated a short position with a target price of 79....

OKEMarch 22, 2025Oneok Inc. Reports Strong Third Quarter Performance Despite Market Downturn  ~2 min.

Oneok Inc., a leading energy company, has announced impressive financial results for the third quarter of 2021, defying the market downtick that has affected many other companies....

OKEMarch 21, 2025Growth in ONEOK Inc. as Multiple Companies Acquire Shares  ~1 min.

Great Lakes Advisors LLC recently purchased 3,924 shares of ONEOK Inc., further strengthening its position in the company. This move indicates growing confidence in ONEOK's future prospects....

OKEMarch 20, 2025Oneok Inc. Defies Market Dip, Gains Momentum as Projections Remain Positive  ~2 min.

Despite a slight dip in the overall market, Oneok Inc. (OKE) managed to gain traction and show promising growth today....

OKEMarch 19, 2025Why the Market Dipped But Oneok Inc. OKE Gained Today  ~1 min.

Despite the recent market dip, Oneok Inc. (OKE) managed to gain today, thanks to its strong financial performance and strategic initiatives....

OKEJanuary 2, 2025ONEOK Inc. strengthens financial position with billion-dollar pipeline sale  ~2 min.

ONEOK Inc., a leading energy midstream company, has recently announced the successful sale of three pipeline systems to DT Midstream for a staggering 1.2 billion dollars....

OKEJanuary 2, 2025ONEOK Inc. Strengthens Financial Position with Sale of Three Pipeline Systems  ~2 min.

ONEOK Inc., a leading natural gas pipeline company, has announced the successful sale of three pipeline systems to DT Midstream for a total of $1.2 billion....

OKEJanuary 2, 2025ONEOK Inc. Sells Three Pipeline Systems to DT Midstream, Boosts Financial Position  ~2 min.

ONEOK Inc., a prominent energy company, has announced the sale of three pipeline systems to DT Midstream for a staggering $1.2 billion....

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Phillips 66, a leading energy manufacturing and logistics company, is facing pressure from Elliott Management to sell or spin off its midstream business....

PFEJanuary 12, 2025Pfizer Inc. NYSE:PFE Receives New Investment from InvesTrust  ~1 min.

In a recent development, InvesTrust, a leading investment firm, has made a new investment in Pfizer Inc. NYSE:PFE, a renowned pharmaceutical company....