Oneok Inc /New/ (OKE) stock price, news and key stats

Price

Last close as of Sep 16, 2026. Delayed data; not a live quote.

Previous close

$94.72

Open

$93.35

Day range

$91.88 – $94.43

Volume

3.0M

About Oneok Inc /New/

Latest OKE news

• ONEOK Closes $9 Billion Minority Equity Investment With Apollo
  Private Equity · Sep 10, 2026

  ONEOK has successfully closed a $9 billion minority equity investment from Apollo Global Management, a strategic move that bolsters its financial position while enabling significant growth opportunities. The investment, which is structured as a nonvoting equity stake, allows ONEOK to enhance its capital structure without incurring additional debt. This is particularly advantageous for the Tulsa-based energy company as it seeks to expand its operations in the competitive natural gas sector. In conjunction with the equity investment, ONEOK has announced plans to acquire Brazos Midstream's natural gas gathering and processing assets in the Permian Midland Basin for $4.425 billion in cash. This acquisition is expected to enhance ONEOK's operational capabilities and market presence in one of the most prolific oil and gas regions in the United States. The combined impact of the equity infusion and the asset acquisition positions ONEOK for potential growth, particularly as demand for natural gas continues to rise amid a global energy transition. Market analysts view this investment as a positive signal for ONEOK's long-term strategy, reflecting confidence from Apollo in the company's ability to generate value in the evolving energy landscape. The deal could also influence investor sentiment, potentially leading to increased interest in ONEOK's stock as the company leverages this capital to drive future growth initiatives.

• Saudi Central Bank Boosts Stock Position in ONEOK, Inc. $OKE
  Central Banks · Sep 7, 2026

  The Saudi Central Bank has increased its stock position in ONEOK, Inc. (NYSE: OKE), a significant move that underscores the bank's confidence in the natural gas and energy sector. This strategic investment aligns with Saudi Arabia's broader economic diversification efforts, particularly as the kingdom seeks to bolster its presence in global energy markets beyond oil. ONEOK, a major player in the natural gas sector, has been experiencing a robust performance, driven by rising demand for natural gas and related services. The increased stake from the Saudi Central Bank may signal a bullish outlook on the energy sector, particularly as global economies transition towards cleaner energy sources. Market analysts suggest that this investment could enhance ONEOK's stock performance, potentially attracting further interest from institutional investors. The implications of this investment extend beyond ONEOK, as it reflects a growing trend among sovereign wealth funds and central banks to diversify their portfolios into energy assets. As global energy dynamics evolve, such moves could influence market sentiment and pricing in the energy sector, particularly for companies involved in natural gas infrastructure and transportation.

• ONEOK (OKE) is Funding a $4.4B Acquisition With a $9B Minority Investment. Is the 7% Capped Return Attractive?
  Yahoo Finance · Sep 4, 2026

  ONEOK, Inc. has announced a significant acquisition of Brazos Midstream's natural gas gathering and processing assets in the Permian Basin for $4.425 billion. The deal will be financed through a substantial $9 billion minority equity investment from Apollo Global Management, marking a strategic move for ONEOK as it seeks to enhance its position in the lucrative natural gas sector. This acquisition is expected to bolster ONEOK's operational capabilities in one of the most productive oil and gas regions in the United States. The market implications of this transaction are noteworthy. Investors will be keenly observing how the $9 billion investment influences ONEOK's capital structure and future growth potential. The deal is poised to enhance cash flow and operational efficiency, but it also raises questions about the attractiveness of the capped 7% return associated with the investment from Apollo. As the energy sector continues to navigate volatility, the ability of ONEOK to leverage this acquisition for long-term profitability will be crucial in determining investor sentiment and stock performance in the coming quarters.

• The U.S. is about to churn out much more natural gas to power AI and to export—and it’s triggering a wave of multibillion-dollar acquisitions
  Fortune · Sep 2, 2026

  The U.S. natural gas sector is poised for significant expansion, driven by the increasing demand for energy to power artificial intelligence (AI) technologies and a surge in liquefied natural gas (LNG) exports. ONEOK's recent acquisition of Brazos Midstream's Permian Basin gas facilities for over $4.4 billion underscores this trend, as companies consolidate to enhance their operational capabilities amid a rapidly evolving market landscape. This acquisition is part of a broader strategy among energy firms to position themselves favorably as the demand for natural gas is expected to rise sharply. Market analysts, including Matthew Smith, caution that the U.S. could face a structural natural gas shortage by 2028. The anticipated growth in LNG exports, projected to consume most of the expected 20 billion cubic feet per day (Bcf/day) production increase, raises concerns about the sustainability of supply. As energy consumption from AI applications already accounts for 10% of the sector, the pressure on natural gas resources is likely to intensify, prompting further consolidation and investment in infrastructure. This dynamic is likely to lead to a wave of multibillion-dollar acquisitions as companies seek to secure their positions in a competitive market. Investors will need to monitor these developments closely, as the balance between supply and demand could significantly impact natural gas prices and the broader energy market in the coming years.

• $40 Oil Put These 2 Energy Dividends to the Test—Only One Passed - 24/7 Wall St.
  Oil & Gas · Aug 27, 2026

  As oil prices hover around the $40 mark, the resilience of energy dividends is under scrutiny, particularly for two major Tulsa pipeline companies that recently increased their payouts. While both firms managed to sustain their dividends during the last oil downturn, a deeper examination reveals that only one stands out as a reliable income source for retirees. The other, while maintaining its payout, carries a significant risk due to a past financial setback in 2012 that could jeopardize future distributions. The implications of these findings are critical for investors seeking stable income in a volatile market. With oil prices remaining low, energy companies are under pressure to balance shareholder returns with operational sustainability. The company that has proven its reliability not only survived previous downturns but also demonstrated a commitment to maintaining its dividend, positioning itself as a safer bet for income-focused investors. Conversely, the other company’s history raises concerns about its ability to weather future market fluctuations, potentially leading to dividend cuts that could impact retirees relying on consistent income. As the energy sector navigates the challenges posed by low oil prices, investors must carefully evaluate the underlying financial health of dividend-paying companies. The current market environment underscores the importance of thorough due diligence, particularly for those dependent on energy dividends for their retirement income.

• 1 High-Yield Pipeline Stock Investors Keep Underestimating
  Corporate Bonds · Aug 24, 2026

  Oneok, a prominent player in the midstream energy sector, is gaining attention for its robust performance and high-yield potential, which some investors may still be underestimating. The company has demonstrated resilience amid fluctuating energy prices, leveraging its extensive network of natural gas and natural gas liquids pipelines. With a current yield that surpasses many of its competitors, Oneok is positioned to attract income-focused investors looking for stability in a volatile market. While larger names like Enbridge dominate the conversation around pipeline stocks, Oneok's consistent dividend payments and strong operational fundamentals make it a compelling alternative. The ongoing demand for natural gas, particularly as a transition fuel in the shift toward cleaner energy, further enhances Oneok's market appeal. Analysts suggest that as investors seek reliable income streams, Oneok's undervaluation relative to its peers could lead to increased interest and potential price appreciation. Market implications are significant, especially as the Federal Reserve continues to navigate interest rate adjustments. With fixed-income securities facing pressure from rising rates, high-yield equities like Oneok may provide a more attractive option for income-seeking investors. As the energy landscape evolves, Oneok's strategic positioning could yield substantial returns for those willing to look beyond the more established names in the pipeline sector.

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